19 Sep
|
Tata Consumer Products
|
Bengaluru
19 Sep
Tata Consumer Products
Bengaluru
What are the Key Deliverables in this role?
Financial Outcomes
Revenue Growth: Achieve and exceed annual revenue targets through effective demand forecasting, leading to optimized inventory management, cost control
Cost Reduction: Enable cost-saving measures in supply chain operations through accurate demand forecasting.
Profitability Enhancement: Perform SKU segmentation & support SKU rationalization activity to reduce complexity. Reduction in expiry to improve profitability of the organization. Customer Service
Promos & NPD forecast management, provide visibility of forecast to supply chain at child SKU level. Timely delivery.
Timely completion of forecasting and monthly demand planning activities
Drive customer service metrics -Improve OTIF & fill rates.
Coordinate with sales, marketing, and distribution team to capture voice of customer. Internal Processes
Demand Forecasting Accuracy: Enhance demand forecasting accuracy to minimize forecasting errors and reduce the need for last-minute production changes.
Process Efficiency: Streamline demand planning processes to increase efficiency and reduce lead times, resulting in faster response to market changes.
Cross-Functional Collaboration: Foster collaboration between departments, such as sales, marketing, and production, to align demand forecasts and improve communication.
Data Quality: Ensure data integrity and reliability by maintaining high standards of data accuracy and consistency in demand-related information.
To look for Digitization opportunities towards continuous improvements Innovation and Learning
Continuous Improvement:
Encourage a culture of continuous improvement by regularly reviewing and updating demand forecasting methodologies and tools, Conduct root cause analysis for deviations
Training and Development: Maximize training and development opportunities to enhance skills, keeping updated on the latest industry trends and tools.
Incorporating Market Insights: Integrate market intelligence and customer feedback into demand forecasting models to adapt to evolving market conditions.
Technology Adoption: Explore and adopt innovative demand planning technologies and data analytics tools to enhance accuracy and efficiency.
Business management & Leadership skills: Develop strong business acumen and demonstrate leadership skills
Continuous Improvement: Encourage a culture of continuous improvement by regularly reviewing and updating ways of working, methodologies and tools, Conduct root cause analysis for deviations
What are the Critical success factors for the Role?
Ability to deal with ambiguity.
Stakeholder management capabilities; Ability to manage multiple stakeholders, Negotiation skills / Conflict resolution
Strong in Analytical abilities and problem-solving skills with a focus on delivering actionable insights and innovative solutions.
Advanced excel capabilities
What are the Desirable success factors for the Role?
Knowledge of demand forecasting tools (SAP APO DP module or JDA/BY demand suite) Ability to work in an unstructured workplace and manage changes
Ability to work well in cross functional teams & effectively communicate across all levels of the organization
Master's degree (preferably an MBA)
3-5 years of experience in Planning for an FMCG company
📌 Manager – Demand Planning (on Fixed Term Contract) (Bengaluru)
🏢 Tata Consumer Products
📍 Bengaluru