Description

The demand manager is responsible for demand forecasting, making sure that they are accuracy in forecasts and inventory planning. They work with marketing, sales, as well as production staff to coordinate strategies. managing customer requests and the fulfillment of orders is a major job. The demand manager studies trends in the market, tracks the inventory levels and is able to spot possible supply chain issues. They should have excellent communication skills to work with different departments and external partners. A bachelor's degree or prior experience in the field of supply chain or demand management is typically needed. Expertise in forecasting and analysis tools is necessary for this job.

Roles & Responsibilities

As a Demand Manager with 0-3 years of experience in India, your main responsibilities include:

  • Collaborating with sales and marketing teams to gather market insights and forecast demand for products or services accurately. Analyze market trends, customer behavior, and competitor activity to anticipate demand fluctuations effectively.
  • Developing and implementing demand planning strategies to optimize inventory levels and ensure timely product availability. Utilize demand forecasting models, historical data, and industry knowledge to create accurate demand forecasts.
  • Coordinating with suppliers and production teams to ensure adequate supply chain management and minimize stockouts or excess inventory. Maintain regular communication with suppliers, monitor shipment schedules, and resolve any supply-related issues promptly.
  • Monitoring and analyzing demand metrics, such as sales data and customer feedback, to identify areas for improvement and drive business growth.

Qualifications & Work Experience

For a Demand Manager job role, the following qualifications are required:

  • Strong analytical and forecasting skills to assess market demand and develop accurate demand plans, ensuring optimal inventory levels and customer satisfaction.
  • Demonstrated experience in demand planning and forecasting methodology, including statistical analysis and usage of demand planning software.
  • Excellent communication and interpersonal skills to collaborate with cross-functional teams, including sales, marketing, and supply chain, to align demand plans with business objectives.
  • Proven ability to identify and drive process improvements, optimize demand management systems, and implement effective demand planning strategies to support business growth.

Essential Skills For Demand Manager

1

Inventory Planning

2

Demand Forecasting

3

Inventory Management

4

Supply & Demand

Career Prospects

The Demand Manager role is crucial for effective demand planning and management. For professionals with 0-3 years of experience in India, here are four alternative roles to consider:

  • Supply Chain Coordinator: An entry-level role that involves coordinating and optimizing the flow of goods and services across the supply chain, ensuring timely delivery and fulfillment.
  • Sales Analyst: A position focused on analyzing sales data, creating sales reports, and providing insights to support sales strategy and decision-making.
  • Customer Service Representative: A role that focuses on addressing customer queries, resolving issues, and ensuring customer satisfaction through effective communication and problem-solving skills.
  • Inventory Planner: A position responsible for analyzing inventory levels, predicting demand, and ensuring optimal stock levels to meet customer demands while minimizing costs.

How to Learn

The Demand Manager role in India is expected to witness significant growth in the market. Over the past 10 years, the demand for professionals in this position has consistently increased due to the evolving business landscape and technological advancements. As per available data from Google, this trend is projected to continue in the future, creating ample employment opportunities for aspiring candidates. The Demand Manager role plays a crucial role in effectively managing and predicting customer demand, resulting in optimized supply chain operations. With increasing globalization and e-commerce, the demand for skilled professionals in this domain is expected to grow further.