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Job Location | Manchester |
Education | Not Mentioned |
Salary | £30,000 - £35,000 per annum |
Industry | Not Mentioned |
Functional Area | Not Mentioned |
Job Type | Permanent , full-time |
Our client are a fast growth business.Role Overview:They are now are currently seeking a talented and detail-oriented Demand Planning & Reporting Analyst to join their growing team. The Demand Planning & Reporting will be responsible for developing accurate demand forecasts, optimizing inventory levels, andsupporting strategic decision-making to ensure product availability while minimizing excess inventory costs. This role requires strong analytical skills, a keen understanding of forecasting methodologies, and the ability to collaborate effectively across departments.Key Responsibilities:1. Demand Forecasting: Utilize historical sales data, market trends, and input from sales and marketing teams to develop demand forecasts for products across different segments and regions.2. Inventory Optimization: Collaborate with supply chain and procurement teams to optimize inventory levels, balancing stock availability with inventory carrying costs.3. Forecast Accuracy: Skilled in optimizing forecasting models and improving demand planning processes, data accuracy, and efficiency through automation, optimization, and technology solutions while monitoring performance metrics for continuousenhancement.4. Sales and Market Analysis: Analyze sales data, customer demand patterns, and market trends to identify factors influencing demand, providing insights to support decision-making and business planning.5. Collaboration: Work closely with cross-functional teams including sales, marketing, finance, and operations to align demand forecasts with business objectives and ensure effective communication of forecast assumptions and insights.6. New Product Development (NPD): Support the demand planning process for new product launches, providing input on initial demand forecasts, monitoring performance, and adjusting forecasts as necessary.7. Promotional Planning: Incorporate promotional activities, seasonality, and other market events into demand forecasts, collaborating with marketing and sales teams to ensure accurate planning and execution.8. Risk Management: Anticipate and mitigate risks to demand forecasts, such as supply chain disruptions, market volatility, and changing customer preferences, developing contingency plans to minimize impact on inventory and sales performance.9. Reporting: Generate regular reports summarizing forecast performance, highlighting trends, risks, and opportunities, and providing actionable insights to stakeholders.Requirements: