Demand Planning Analyst

A demand planning analyst's role is to use data analysis and market intelligence to predict customer demand and inform inventory decisions.
They work in a company's supply chain and collaborate with sales, marketing, and production teams.Some responsibilities of a demand planning analyst include:Forecasting : Use sales data, market trends, and other data to develop forecast modelsInventory management : Maintain optimal inventory levels to avoid overstocking or understockingCollaboration : Work with other teams to ensure demand forecasts and supply planning are alignedReporting : Create reports and present findings to senior managementRisk assessment : Support company management with risk assessmentCompetitive analysis : Perform competitive pricing analysisForecasting model development : Participate in the development of new forecasting modelsPerformance reporting : Regularly report on performance against KPIsSome qualifications for a demand planning analyst include:A bachelor's degree in a related field, such as supply chain management, business administration, economics, or statisticsAnalytical skills to interpret complex data and identify trendsExcellent communication skillsExperience in demand planning and forecastingProficiency in demand planning software and Microsoft Office