Demand planning managers are generally responsible for making predictions on the amount of merchandise needed for upcoming periods, buying only as much new merchandise as is necessary. They are also responsible for identifying sales trends based on seasons, promotions, and historical sales trends. Individuals with this job title are also often required to lead meetings for inventory and sales forecast personnel to discuss inventory and sales goals. Demand planning managers work with departments representatives, store managers, and other employees in the sales analysis department.
Demand Planning Manager Tasks
Lead forecasting and inventory planning meetings to assess potential sales forecasts and goals.
Initiate programs or policies that maximize inventory turns and identify slow moving items in the inventory life cycle.
Develop and implement demanding planning systems to meet goals or objectives.
Present on how the demanding planning process improves turn over and inventory results.