Job Title: Retail Demand Planner

Location: Mumbai

Department: Retail

Position Overview:

The Retail Demand Planner plays a crucial role in ensuring the optimal inventory levels across retail stores by accurately forecasting and planning demand for products. This position involves close collaboration with merchandising, sales, supply chain, and marketing teams to ensure the right products are available at the right time and in the right quantities. The Demand Planner will
leverage historical data, trends, and market insights to develop demand forecasts that support business goals and minimize stockouts or overstock situations.

Key Responsibilities:

• Demand Forecasting:

o Develop and maintain accurate demand forecasts for assigned product categories or stores.

o Utilize historical sales data, seasonal trends, and promotional activities to predict future demand.

o Collaborate with merchandising, marketing, and sales teams to incorporate new product launches, promotions,
and marketing campaigns into demand planning.

• Inventory Management:

o Monitor inventory levels across retail locations and work with supply chain teams to ensure inventory availability
while minimizing excess stock.

o Review and analyze sell-through data, stock levels, and order quantities to optimize inventory flow and reduce
stockouts or overstock conditions.

• Data Analysis and Reporting:

o Analyze sales trends, product performance, and other key metrics to support forecasting accuracy.

o Generate regular reports on demand planning performance and inventory status for key stakeholders.

o Provide actionable insights to support decision-making related to product replenishment and markdown
strategies.

• Collaboration and Communication:

o Coordinate with supply chain, logistics, and sales teams to align demand plans with supply capabilities and
inventory strategies.

o Work closely with merchandising and buying teams to ensure demand is aligned with promotional and seasonal
strategies.

o Act as a liaison between various departments to communicate changes in demand, supply issues, or product
availability.

• Continuous Improvement:

o Identify opportunities for process improvements and automation in demand planning to increase efficiency and
forecast accuracy.

o Monitor and report on forecast accuracy, providing recommendations to enhance forecasting processes.

Qualifications:

• Education:

o Bachelor’s degree in Business, SCM, Logistics, or related field.

o Certification in Demand Planning (e.g., CPIM, CSCP) or relevant experience is a plus.

• Experience:

o Minimum of 3 -5 years of experience in retail demand planning, inventory management, or related field.

o Strong understanding of retail operations and supply chain processes.

o Experience with forecasting software (e.g., SAP) and Microsoft Excel.

• Skills:
o Strong analytical skills with the ability to interpret complex data and translate it into actionable plans.

o Excellent communication and interpersonal skills to collaborate effectively across departments.

o Attention to detail and the ability to manage multiple priorities in a fast-paced retail environment.

o Knowledge of retail trends, consumer behaviour, and seasonal demand fluctuations.