What Do Demand Planners Do?
Demand planners work within various departments of an organization to perform revenue forecasting, inventory level alignment based on seasonal demands, material planning, and procurement forecasting. They also use an operational supply chain management (SCM) process to develop reliable forecasts.
Demand planners may need to work with various departments to monitor inventory and ensure the efficiency of supply-chain initiatives. A bachelor's degree or higher in business administration, computer…Read more
- Develop, maintain, utilize, and validate pricing and predictive models to forecast demand.
- Manage inventory tools and analyze data about surplus and discards.
- Communicate and explain statistical models and recommendations to diverse audiences.
- Monitor demand forecasts and ensure accurate reporting and analysis of data.