Demand Planner Assistant

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  Location

  (NIGERIA) and Lagos

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  Job Reference

  20997

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  Functional Area/Experience

  Business, Accounting & Finance / 1 Year

Job Description & Qualifications

Assist in the demand planning duties including estimating future product demand, analyzing inventory flow and developing forecasts models.

Core Responsibilities and Key Result Areas

Demand Planning/Forecasting

• Assist in demand planning and management activities of a company’s products
• Develop demand forecast based on demand patterns and business trends
• Make forecast adjustments based on seasonal products, promotions and discounts.
• Determine demand forecasts to support in budgeting and inventory management.
• Provide guidance to demand planning team as needed.
• Assist in developing and executing demand plan to achieve company goals.
• Perform market analysis and determine customer demands.
• Follow company rules and regulations.
• Maintain demand planning systems to improve forecast accuracy.
• Perform root cause analysis of demand issues and provide permanent resolutions.
• Escalate complex demand issues to management for immediate resolutions.
• Determine customer response for new products and price revisions and communicate the same to management.
• Work with inventory team to monitor inventory levels and replenish appropriate products.
• Provide forecast updates to management, inventory and operations teams on regular basis
• Schedule monthly forecast meetings with all customers as required

Key Performance Indicators

• Forecasted vs Actual sales
• Monthly product category forecast error
• Weekly item location forecast error
• Forecasting accuracy
• Marketing intelligence of competitor activities

Knowledge Requirements

• Knowledge of statistical supply chain management, distribution practices, inventory management
• Knowledge of forecasting models and industry trends

Job Specifications

Educational Requirements

• A minimum of a Bachelor’s degree in Business Administration or related field is required.

Professional Requirements

• Possession of any relevant certification is essential

Experience Requirements

• Minimum of 1 year experience in similar role

Decision Expectations

• Analyse demand statistics for trends and anomalies that require understanding
• Develop demand forecast based on key patterns and business trends

Working Conditions

Jobholder typically works 40 hours per week, Monday to Friday, although this role may involve working overtime, if there is workload.