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 models Inventory management : Maintain optimal inventory levels to avoid overstocking or understocking Collaboration : Work with other teams to ensure demand forecasts and supply planning are aligned Reporting : Create reports and present findings to senior management Risk assessment : Support company management with risk assessment Competitive analysis : Perform competitive pricing analysis Forecasting model development : Participate in the development of new forecasting models Performance reporting : Regularly report on performance against KPIs Some qualifications for a demand planning analyst include: A bachelor's degree in a related field, such as supply chain management, business administration, economics, or statistics Analytical skills to interpret complex data and identify trends Excellent communication skills Experience in demand planning and forecasting Proficiency in demand planning software and Microsoft Office