The Manger of Demand Planning & Forecasting will help the business by forecasting future product demand, analyzing inventory placement, visualizing, developing, and distributing dynamic forecasting models. The position's primary focus is to ensure the companys equipment supply meets the needs of market demand with a focus on timeliness, efficiency, and cost-effectiveness.
DUTIES:
- Forecasting sales, rental utilization, market share, and inventory levels, based on existing data combined with an understanding of market trends
- Providing input for company inventory stocking levels and ensuring we have the right product, in the right place, at the right time
- Developing and maintaining routine and ad hoc forecast models based on industry trends and demand patterns and providing updates to senior management and inventory teams on a regular basis
- Working with inventory teams to monitor inventory levels and generate new orders when they are required
- Performing root-cause-analysis of demand related issues and providing counsel for resolutions
- Proposing and implementing solutions to improve demand forecast accuracy
Supporting management with risk assessments and mitigation activities
- Successfully communicating forecast and inventory estimations to senior management
- Monitoring and reporting on important changes in sales forecasts, budgets, and business strategies
- Responding to ad hoc demand-related issues
Required Skills:
- Previous experience in demand planning / forecasting, data analysis or other related roles
- In-depth knowledge of statistical methods and data analysis
- Experience in analyzing pricing strategies and forecasting revenue and market share
- Experience in collaborating on pricing strategies with sales and marketing departments
- Capability to multitask in a fast-paced environment
- Excellent analytical and communication skills
- Above average experience in using Microsoft Excel, Power BI, and related products