Associate - Supply Chain Planning
Genpact
0 - 3 years
Hyderabad
Posted: 29/11/2024
Job Description
Responsibilities
Demand Forecasting: Analyzing historical sales data, market trends, and customer insights to develop accurate demand forecasts for products or services. This involves utilizing statistical forecasting methods, predictive analytics, and collaboration with sales and marketing teams to understand market dynamics.
Inventory Planning: Collaborating with inventory management teams to determine appropriate inventory levels based on demand forecasts and supply chain constraints. This includes setting safety stock levels, lead times, and reorder points to ensure optimal inventory availability while minimizing carrying costs and stockouts.
Sales and Operations Planning (S&OP): Participating in S&OP meetings to align demand forecasts with supply and production plans. This involves working closely with cross-functional teams, including sales, marketing, and production, to ensure accurate demand plans are incorporated into the overall business strategy.
Collaborative Forecasting: Collaborating with sales and marketing teams to gather market intelligence, customer feedback, and promotional plans to refine demand forecasts. This includes conducting regular meetings and reviews to share insights and align expectations.
Demand Variability Analysis: Analyzing demand patterns, seasonality, and market trends to identify factors that influence demand variability. This involves conducting statistical analysis, evaluating historical data, and identifying potential demand drivers to improve forecast accuracy.
New Product Introduction Planning: Collaborating with product development and marketing teams to develop demand forecasts for new product launches. This includes analyzing market potential, conducting market research, and incorporating customer insights to develop accurate demand plans.
Demand Planning Software and Tools: Utilizing demand planning software and tools to manage and analyze data effectively. This includes generating reports, analyzing forecast accuracy, and identifying areas for improvement.
Performance Monitoring: Monitoring key performance indicators (KPIs) to evaluate demand planning effectiveness and accuracy. This includes analyzing forecast accuracy, customer fill rates, and inventory turnover to identify opportunities for improvement and make adjustments to demand plans accordingly.
Continuous Improvement: Continuously reviewing and improving demand planning processes and methodologies to enhance accuracy and efficiency. This includes staying updated with industry best practices, incorporating new forecasting techniques, and leveraging technology to optimize demand planning operations.
Collaboration and Communication: Collaborating with cross-functional teams, including sales, marketing, operations, and finance, to align demand plans with business goals. This involves effective communication and coordination to ensure a unified approach towards demand planning and supply chain management.
Minimum Qualifications
Good years of relevant work experience.
University Graduate
Relevant Experience
Preferred Qualifications
Strong Supply Chain knowledge/skills
Strong communication and organizational skills
Strong analytical and problem-solving skills
Demonstrated proficiency in Materials Management skills/methods .
Relationship building with suppliers .
Knowledge of finance, marketing, sales functions
APICS training preferred.
Kinaxis knowledge preferred.
About Company
Genpact is a global professional services firm delivering digital transformation by putting digital and data to work to create competitive advantage.
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