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 science, or a related field and relevant work experience are generally required for this position, and they must also be able to use various software and computer applications, such as SAP, ECC, SAS, and APO and Microsoft Office programs. They may report to a procurement manager, product manager, or sales manager depending on the employer.Strong communication and presentation skills are important in this position, and demand planners should also be detail-oriented and able to work independently as well as in a team environment. They must pay close attention to market trends when developing forecasts, and some may read relevant professional journals or attend training classes or workshops to keep their skills up-to-date.

Demand planner role in Canada is expected to experience steady growth in the market. According to a 10-year analysis, the position has shown consistent demand, indicating its significance in various industries. With the increasing complexity of supply chains and the need for efficient inventory management, the demand for qualified demand planners is projected to rise. Google data suggests that this trend will likely persist in the future, creating a range of employment opportunities. The demand planner role is anticipated to see a positive outlook in terms of job prospects, making it an attractive career choice in Canada.

How to Learn

As a Demand Planner with 9+ years of experience in Canada, your main responsibilities include:<ul><li> Collaborating with cross-functional teams to gather and analyze data on customer demand, sales trends, and market conditions. Use data analysis to forecast future demand, ensuring optimal inventory levels and minimizing stockouts.</li><li> Developing and implementing demand planning strategies to support the sales and operations planning process. Monitor and adjust forecasts based on market dynamics, product life cycles, and promotional activities.</li><li> Conducting regular demand reviews to identify demand patterns, forecast accuracy, and opportunities for improvement. Continuously refine forecasting models and demand planning methodologies.</li><li> Coordinating with suppliers, production, and logistics teams to ensure timely delivery and fulfillment of customer orders.</li></ul>

Roles & Responsibilities

Average take home Salary for a Demand Planner in Canada is around C$101218 per year

Salary Breakup

The Demand Planner is accountable to forecasting demand from customers for services or products and developing accurate demand plans and working with different teams to ensure prompt delivery and the highest levels of inventory. They study the historical sales data, market trends and other variables to create precise sales forecasts. Demand planners collaborate closely with production, sales, as well as supply chain groups to coordinate supply and demand and resolve any differences to reduce stock-outs and surplus stock. They also track the patterns of demand from customers, launch promotions, and work with vendors to ensure effective control of supply chains. A strong analytical background as well as forecasting skills and a working knowledge about demand-planning software is essential to this job.

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Demand Planner

Salary Breakup

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