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.

According to recent data, the demand planner role in Singapore is experiencing significant growth in the market. Over the past 10 years, there has been a steady increase in demand for professionals in this field. With the expanding market and increasing complexity of supply chains, companies are recognizing the importance of effective demand planning. As a result, more employment opportunities are expected to emerge in the future, providing a promising outlook for individuals seeking to pursue a career as a demand planner in Singapore.

How to Learn

As a demand planner with 0-3 years of experience in Singapore, your main responsibilities include:<ul><li> Analyzing historical sales data and market trends to forecast future demand accurately. Utilize data analysis techniques to assess past sales patterns and market dynamics for generating accurate demand forecasts.</li><li> Collaborating with cross-functional teams to gather inputs and insights for demand planning. Engage with various teams such as sales, marketing, and operations to collect relevant information and insights to improve demand forecasts.</li><li> Monitoring inventory levels and proposing replenishment strategies to ensure optimal stock levels. Continuously assess inventory levels and liaise with relevant stakeholders to develop replenishment strategies that balance stock availability with cost efficiency.</li><li> Conducting regular performance reviews to evaluate forecast accuracy and improve forecasting models.</li></ul>

Roles & Responsibilities

Average take home Salary for a Demand Planner in Singapore is around S$55961 per year

Salary Breakup

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.

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Demand Planner

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