Demand Planner Assistant at Food Concepts Plc

Job Overview

Location
Lagos, Jigawa
Job Type
Full Time
Date Posted
2 months ago

Additional Details

Job ID
111944
Job Views
43

Job Description






Job Purpose




  • Assist in the demand planning duties including estimating future product demand, analyzing inventory flow and developing forecasts models.



Core Responsibilities and Key Result Areas




  • Demand Planning/Forecasting

  • Assist in demand planning and management activities of a company’s products

  • Develop demand forecast based on demand patterns and business trends

  • Make forecast adjustments based on seasonal products, promotions and discounts.

  • Determine demand forecasts to support in budgeting and inventory management.

  • Provide guidance to demand planning team as needed.

  • Assist in developing and executing demand plan to achieve company goals.

  • Perform market analysis and determine customer demands.

  • Follow company rules and regulations.

  • Maintain demand planning systems to improve forecast accuracy.

  • Perform root cause analysis of demand issues and provide permanent resolutions.

  • Escalate complex demand issues to management for immediate resolutions.

  • Determine customer response for new products and price revisions and communicate the same to management.

  • Work with inventory team to monitor inventory levels and replenish appropriate products.

  • Provide forecast updates to management, inventory and operations teams on regular basis

  • Schedule monthly forecast meetings with all customers as required



Key Performance Indicators




  • Forecasted vs Actual sales

  • Monthly product category forecast error

  • Weekly item location forecast error

  • Forecasting accuracy

  • Marketing intelligence of competitor activities



Knowledge Requirements




  • Knowledge of statistical supply chain management, distribution practices, inventory management

  • Knowledge of forecasting models and industry trends



Job Specifications




  • A minimum of a Bachelor’s degree in Business Administration or related field is required.

  • Possession of any relevant certification is essential

  • Minimum of 1 year experience in similar role



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