Demand Planning Analyst- SIOP || India
Pluga Pumps And Motors Private Limited · Vadodara · onsite · Posted 66d ago
Undisclosed3–4 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
The Demand Planning Analyst - SIOP is responsible for developing accurate demand forecasts and coordinating the Sales, Inventory Operations Planning (SIOP) process to ensure an optimal balance between customer demand, inventory levels, and production capacity. This role collaborates closely with Sales, Marketing, Supply Chain, Manufacturing, Procurement, and Finance to drive forecast accuracy, optimize inventory through safety stock and ABC analysis, minimize supply risks, and support business growth through data-driven planning and continuous process improvement.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Develop, maintain, and continuously improve statistical demand forecasting models using historical sales data, market intelligence, and business assumptions.
- Analyze sales trends, customer demand patterns, seasonality, and market dynamics to generate accurate demand forecasts.
- Collaborate closely with Sales, Marketing, Product Management, Supply Chain, Operations, and Finance teams to align demand plans with business objectives.
- Lead the monthly Demand Review process as part of the Sales, Inventory Operations Planning (SIOP) cycle.
- Compare actual sales performance against forecasted demand, perform root cause analysis for forecast variances, and recommend improvements for future planning cycles.
- Identify potential supply-demand imbalances, inventory risks, capacity constraints, and material shortages, and proactively recommend mitigation strategies.
- Prepare monthly demand plans, inventory projections, and executive reports to support business planning and decision-making.
- Coordinate with Supply Planning and Procurement teams to ensure optimal inventory levels while minimizing stockouts and excess inventory.
- Facilitate cross-functional SIOP meetings by presenting demand insights, forecast assumptions, key risks, and recommended actions.
- Drive continuous improvement initiatives in demand planning processes, forecasting methodologies, and planning systems.
- Ensure data integrity within ERP, forecasting, and planning systems, maintaining accurate master data and planning parameters.
- Conduct Safety Stock Analysis to determine optimal inventory buffers based on demand variability, lead time, service level targets, and business requirements.
- Perform ABC Inventory Analysis to classify products based on sales value, consumption, and inventory
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
Sourced from naukri
Skills
Demand ForecastingAbc Analysisdemand planningSupply Chain operationsProcess ImprovementBusiness PlanningERPPlanning AnalystProcurementProduct Management
About Pluga Pumps And Motors
Pluga Pumps And Motors Private Limited
Industrial Machinery
175
employees
2013
13 years old
₹5.6L PA avg
Avg at Pluga Pumps And Motors
About
Delivers high-quality water pumping solutions and submersible motors, leveraging decades of expertise in manufacturing and innovation.
Employee ratings
10 reviews
3.9/ 5
Culture
3.3
Career growth
3.1
Work-life
3.5
Employees rate it well for
Work-Life Balance39Overall Company39
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