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About this role
Role & responsibilities
A role in Demand Planning means being in charge of unit forecasting for one of Targets businesses. Here, you will conduct demand planning, forecasting and management of assigned business units to maximize sales and drive forecast accuracy. Acting as the hub between Planning and Inventory, you will create a financial link between these two essential groups and have a voice in some of the most important decisions from a financial strategy standpoint.
As an Associate Demand Planner, you will be responsible for forecasting guest demand by analyzing historical sales data, market trends and other relevant factors to create accurate demand forecasts.
Core responsibilities are described below. Job duties may change at any time due to business needs.
Demand Forecasting: Leverage our in-house machine learning tool and market intelligence to evaluate and approve short term and long-term demand forecasts.
Consensus Forecasting: Collaborate with Merch Planning to gather insights and incorporate relevant information into the forecasting process.
Integrated Business Planning: Participate in IBP meetings to present demand forecasts and discuss supply chain issues and align with Inventory teams on inventory planning and positioning.
Demand Sensing: Utilize advanced analytics and real-time data to sense changes in guest demand; Tune ML hyperparameters to reflect changes that will positively impact positioning of inventory to maximize sales.
Performance monitoring: Track and analyze forecast accuracy to identify areas of improvements and implement corrective actions.
About you:
- Bachelors/ Masters in Operations/ Statistics/ Mathematics/ Economics and/or APICS – CSCP or IBF Certified Professional in Demand Planning
- 2-5 years of relevant experience in Demand Planning or related fields with a proven track record of success
- Good communication skills to collaborate across cross functional teams to develop accurate demand plans
- Strong analytical skills to develop insights into market trends, guest behavior and product performance
- Ability to translate industry/ market trends & competition into demand plans
- Problem solving abilities to identify and address opportunities in demand planning & forecasting
- Attention to details ensuring accurate demand forecasts
- Proficiency in using demand planning software & other tools to manage forecasting & planning process efficiently help me to understand about this role and being an recruiter what the question should I ask for the candidates help me understand about this role in simple and easy and what exactly should i look into the resumes
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Supply Chain and Operations
Sourced from naukri
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About Target

Target
Retail
4.7k+
employees
1902
124 years old
Minneapolis, Minnesota
United States (USA)
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