Principal - Demand Planning
Radhakrishna Foodland Pvt. Ltd.
Location
Thane | India
Job description
The role holder is responsible for driving the demand forecasting and supply chain planning function, maintaining daily working relationships with the client team and ensuring planning-related KPIs are being met.
Roles And Responsibilities Demand Forecasting and Planning:
- Gain insights into the client industry, channels and space of operations
- 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
- Conduct S&OP meeting with clients and finalize forecasts
- Monitor and report on important modifications in forecasts and its impact on budgets
- 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
- Evaluate vendor performance on service levels and suggest measures to improve the same
- Ensure adequate shelf life of products for customers as key deliverable
- Escalate slow moving products, obtain approval for disposal of the same
Overall - Plan and implement a centralized replenishment cell
- Manage both demand and supply planning teams
- Work closely with clients supply chain, planning and operations team for the monthly, weekly and daily plans
- 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
- 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
Experience - MBA/ PGDM with Engineering Background preferred
- 12-15 years of experience of which 6-7 years of experience in Demand Forecasting, Demand & Supply Planning, Inventory Planning, and Client Interaction in Supply Chain industry, Food and Beverages, Cloud Kitchen etc.
- Exposure to QSR – F&B Organisations
- Good understanding of various statistical models
- Very good understanding of inventory management practices and procedures
- Experience of managing a team of planners
Skills & Competencies - Managed Service
- Unified Communication
- Planning skills
- Analytical skills
- Customer-centric
- Communication skills
- Team management and coordination skills
Skills: communication skills,supply chain planning,analytical skills,customer complaints resolution,team management,vendor performance evaluation,machine learning,analytical,customer centricity,customer-centric,demand planning accuracy,order management coordination,logistics coordination,s&op meeting,demand forecasting,inventory management,planning,team management and coordination skills,f&b,planning skills,supply chain forecasting,qsr,inventory planning,distribution centers coordination
Job tags
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