Demand Planning Manager

About Role Roles and Responsibilities:- Demand Forecasting:  Generate statistical forecasts based on historical sales trends to support demand planning and inventory management. Vendor Management:  Cultivate and maintain strategic partnerships with vendors.  Collaborate with vendors for Finished Goods production with seamless Raw Materials and Packaging Material supply.  Oversee production and supply, negotiate rates, and optimize minimum order quantities for cost savings. Demand and Supply Planning:  Create demand and supply plans for all products and revenue teams, ensuring alignment with corporate objectives.  Employ advanced data analytics to refine plans ensuring they are responsive to evolving market conditions. Inventory Management:  Oversee inventory levels across multiple locations, implementing a comprehensive monitoring system.  Coordinate with the warehouse team to ensure efficient operations.  Develop and execute a supply plan for replenishing stock, meticulously maintaining optimal levels, minimizing wastage and ensuring fulfilment.  Lead initiatives to phase out old or inactive stocks to maintain a streamlined inventory. • Lead projects related to MRP changes and improvements. • Propose inventory adjustments to efficiently accommodate fluctuations in demand, ensuring seamless alignment with organizational objectives. Reporting  Compile and maintain relevant reports related to the supply and demand planning process.  Provide valuable insights derived to facilitate informed decision-making. Risk Assessment and Mitigation:  Proactively communicate potential supply risks to mitigate disruptions in a timely manner.  Support management with what-if scenarios to assess and mitigate potential risks. Product Performance Analysis:  Identify products that are not meeting established benchmarks.  Formulate strategic plans to either scale or delist them. Basic Qualifications • Bachelor's degree required (Tier 1 College : IIT / NIT / BITS / IIIT) • At least 1 year of experience (Prior work in a start-up will be an added advantage)• Should be adept in Advance Excel • Excellent analytical and problem-solving skills (finding right data cuts to drive business metrics and create impact) Location : Bangalore