13 Aug
|
Franklin Electric
|
Gujarat
13 Aug
Franklin Electric
Gujarat
Description
The Demand Planning Analyst – SIOP is responsible for developing accurate demand forecasts and coordinating the Sales, Inventory & Operations Planning (SIOP) process to ensure an optimal balance between customer demand, inventory levels, and production capacity. This role collaborates closely with Sales, Marketing, Supply Chain, Manufacturing, Procurement, and Finance to drive forecast accuracy, optimize inventory through safety stock and ABC analysis, minimize supply risks, and support business growth through data-driven planning and continuous process improvement.
Key Responsibilities
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Develop, maintain, and continuously improve statistical demand forecasting models using historical sales data, market intelligence, and business assumptions.
- Analyze sales trends, customer demand patterns, seasonality, and market dynamics to generate accurate demand forecasts.
- Collaborate closely with Sales, Marketing, Product Management, Supply Chain, Operations, and Finance teams to align demand plans with business objectives.
- Lead the monthly Demand Review process as part of the Sales, Inventory & Operations Planning (SIOP) cycle.
- Compare actual sales performance against forecasted demand, perform root cause analysis for forecast variances, and recommend improvements for future planning cycles.
- Identify potential supply-demand imbalances, inventory risks, capacity constraints, and material shortages, and proactively recommend mitigation strategies.
- Prepare monthly demand plans, inventory projections, and executive reports to support business planning and decision-making.
- Coordinate with Supply Planning and Procurement teams to ensure optimal inventory levels while minimizing stockouts and excess inventory.
- Facilitate cross-functional SIOP meetings by presenting demand insights, forecast assumptions, key risks, and recommended actions.
- Drive continuous improvement initiatives in demand planning processes, forec
📌 Demand Planning Analyst- SIOP || India (Gujarat)
🏢 Franklin Electric
📍 Gujarat