What are the responsibilities and job description for the Demand & Supply Planning Analyst position at Merit Brass Company?
Objectives:
Demand Planning:
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- Maintain optimal inventory levels to meet customer demand without overstocking or stockouts
- Use data analytics and business inputs to generate reliable demand forecasts that drive supply planning decisions
- Balance projected demand with supply capabilities (production, procurement, capacity) to ensure a stable and efficient supply chain
- Provide data and insights for cross-functional planning meetings, aligning stakeholders on a single plan for demand and supply
- Minimize working capital tied up in inventory while ensuring service levels are met across distribution channels
- Identify and manage potential disruptions in demand and supply; develop contingency plans to ensure continuity
- Create reports, dashboards, and models to help leadership make informed strategic and operational decisions
- Analyze and improve forecasting, planning, and replenishment processes using Lean, Six Sigma, or other best practices
Demand Planning:
- Analyze historical sales, market trends, seasonality, and promotional activities to create accurate demand forecasts
- Use statistical tools and software to generate and maintain short-term and long-term demand plans
- Collaborate with Sales, Marketing, and Finance to incorporate business insights into the forecast
- Track and improve forecast accuracy using KPIs and root cause analysis
- Support the new product introduction (NPI) and end-of-life (EOL) planning with appropriate forecasting
- Support to maintain the product setup and data integrity.
- Translate demand forecasts into supply plans, considering capacity constraints, lead times, inventory targets, and supplier capabilities
- Coordinate with procurement, manufacturing, and logistics to ensure timely product availability
- Monitor inventory levels and recommend actions to optimize stock levels and avoid overstock/stockout scenarios
- Analyze supply chain disruptions and propose mitigation strategies
- Work closely with suppliers and internal teams to track order fulfillment and adjust supply plans accordingly
- Participate in monthly SIOP (Sales, Inventory & Operations Planning) meetings
- Prepare and present forecast and supply data to support decision-making
- Recommend planning adjustments based on changes in demand, capacity, or supply chain constraints
- Bachelor’s degree in Supply Chain Management, Business, or a related field
- 2–5 years of experience in demand planning, supply planning, or integrated business planning
- Proficiency in forecasting and planning tools (e.g., Netstock, SAP IBP, Oracle, Kinaxis, Anaplan, Excel)
- Strong analytical skills and attention to detail
- Solid understanding of supply chain processes and inventory management principles
- Effective communication and collaboration skills across departments
- Experience with ERP systems (Microsoft D365, Netstock, SAP, Oracle, etc.) and data visualization tools (Power BI, Tableau) is a plus
- Analytical and data-driven mindset
- Cross-functional collaboration
- Strategic thinking and problem solving
- Adaptability to changing business needs
- Results-oriented and proactive
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