Description
The role holder is responsible for executing daily task with respect to demand forecasting and supply chain planning, One has to maintain daily working relationship with client team and ensuring planning related KPIs are being met.
Responsibilities
- Demand Forecasting and Planning:
- Monitor and report on important modifications in forecasts and its impact on budgets.
- Conduct S&OP meeting with clients and finalize forecasts.
- Understand and capture demand signals into demand forecasting
- Develop/ deploy effective machine learning models based on industry trends and demand patterns .
- Define and implement solutions to improve demand forecast accuracy
- Closely coordinated with new product development team and category managers for new SKU launch Supply Planning and Inventory Management:.
- Understanding of the current inventory control and replenishment process and drive improvements.
- Follow the cycle time for the inventory replenishment process .
- Manage variability in demand and ensure stock levels are adequately maintained.
- Standardize the inventory planning process across DC's and vendors.
- Keep strict controls & alerts in place to avoid any stock outs impacting fill rate of customer.
- Use tools and historical data for tracking variability and factor the same in inventory planning for future.
- Avoid loss of revenue for organization due to over stocking of products .
- Ensure adequate shelf life of products for customers as key deliverable.
- Escalate slow moving products, obtain approval for disposal of the same.
Overall :
- Work closely with clients supply chain, planning and operations team for the monthly, weekly and daily plan.
- Manage any customer complaints and resolve them through coordinating with the central teams.
- Escalate to Regional Heads and Seniors any foreseeable concerns from the client .
- Share insights with Lead Service Delivery, as part of routine review meetings .
- Prepare reports/ presentation and attend the monthly reviews with client .
- Ensure highest level of demand planning accuracy, Ontime, Case Fill rates, Order Fill rates, SIFOT, order accuracy, customer satisfaction and related parameters.
- Coordinate with the order management to ensure daily orders are processed on a timely manner.
- Coordinate with the distribution centers to ensure inventory norms are been met at the distribution centers.
- Coordinate with the central control tower and the logistics team on the status of vehicle and delivery times.
- Prepare and hold the daily, weekly and monthly reports