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Demand Planner - FMCG

Al Khayyat Investments (AKI)
Dubai, UAE
Full Time
Mid
1 months ago
Demand PlanningForecastingInventory ManagementData AnalysisSupply Chain ManagementStakeholder Communication
Free

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Demand PlanningForecastingInventory Management
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JOB PURPOSE

  • Oversee forecasting and management of future product or service demand using diverse data sources including sales history, marketing strategies, industry trends, and customer feedback.
  • Collaborate with supply chain, production, sales, and marketing to ensure alignment between demand forecasts and business objectives.

KEY ACCOUNTABILITIES

  • Developing and maintaining effective forecast models based on historical and current data, as well as external factors.
  • Analyzing and evaluating the accuracy and performance of the forecast models and adjusting as needed.
  • Communicating the demand forecasts and inventory plans to the relevant stakeholders and ensuring their buy in and support.
  • Identifying and resolving any issues or discrepancies in the demand planning process and data.
  • Providing insights and recommendations to improve the demand planning process and outcomes.
  • Day to Day warehouse communication.

KPIs

  • Out Of Stock: Not exceeding 3% Vs the topline monthly.
  • In Market Sales Accuracy: S&OP compliance with sales forecast Vs actuals sales. Not less than Class A: 95%, Class B: 90%, Class C: 90% and Promo: 95% monthly.
  • Purchase Accuracy: Not exceeding 5% Vs the total orders placed monthly.
  • Ageing Stock Reduction: Monitoring ageing level with not less than 95% stocks between 0 6 months, 0% above 12 months.
  • Expiry: Not exceeding 0.5% Vs topline on monthly basis.
  • Near Expiry: Not exceeding 0.2% Vs topline on monthly basis.
  • Data Management: Inventory involving Discontinue & Phase out Not to exceed 1% on volumes Vs total inventory on monthly basis.
  • CFR (To Market): Not less than 95% Vs total volume invoiced monthly.

EXPERIENCE & QUALIFICATION

  • Bachelor's degree in Supply Chain Management, Business or equivalent.
  • Minimum of 3 5 years of Demand Planning experience within FMCG and non food products.
  • Proven experience in demand planning, forecasting, or a similar role.

SKILLS, KNOWLEDGE & ABILITIES

  • Job Specific: Organizational skills, Interpersonal skills, time management, negotiation skills, Presentation skills, priority setting, problem solving.
  • Generic Skills: Conceptual thinking, communication skills, proactivity.

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