Assistant Product Manager and Demand Planner

apartmentExecustaff Recruiting Services placeMidrand calendar_month 

Job Summary

To increase profitability for allocated product by conducting accurate and reliable forecasts, aligning inventory levels with identified demand, and improve income or revenue forecasts

Duties
Forecasting
  • Designing and generating weekly and monthly statistical forecast reports
  • Continuously improving forecasting techniques, methods and approach to ensure they are aligned to company objectives
  • Relating and measuring the impact of forecast accuracy
  • Support and drive strategic project plans to successful launch innovative products
  • Weekly & Monthly demand on Demand Management System
  • Monthly consensus meeting with sales management
  • Communicate regularly with HQ & Manufacturing to identify supply issues and SFA
  • Long Term forecasting, confirmation of kits with HQ for Local manufacturing
Demand Planning procedures and processes
  • Develop and maintain documentation and standard operating procedures for demand planning processes and systems
  • Conduct current and future forecasting analysis and ensuring forecasting processes and methods are followed
  • Assemble and analyze all data relevant to creating the sales forecast (historical sales, market trends, seasonality, promotions and inventory levels)
  • Establish and utilize best methods to create forecasts and respective inventory targets
Pricing
  • Assist with the update and maintenance of monthly price lists (per currency)
  • Communicate internally about pricing and on systems
  • Maintain fixed pricing from PM
  • Assist with pricing quotes, give information on foreign exchange conversionsÂ
Inventory Management
  • Make recommended adjustments to forecast and inventory targets based on changes in demand and market trends
  • Communicate with HQ about the new product and facilitate the registration of SABS to get the certificate
  • Review recommended sales forecasts and inventory goals focusing on new product introduction and make sure that stock is available for promotions
  • Monitor and support channel inventory (sell-in/sellout) basis
  • Assist with monitoring of back orders
  • Tracking PO’s & Direct Orders to ensure Business Plan, Moving Plan target is achieved, ultimate goal to maximize sales and reduce inventory costs
  • Assist with information of Graded inventory
Product Management
  • Review product data to ensure that sales staff is kept up to date on new developments regarding the companies
  • Responsible for the issuing and control of all sample products
  • Give input to HQ about new product and will give us new pricing for the product
  • Gap analysis to understand non achievements for Sales Forecasting accuracy and address with Sales Management Team
  • Present at S&OP meeting to top management (Pending Issues/ supply and production issues/ageing Inventory & action plans)
  • Assist with Moving Plan sales allocations & backorders
  • Management of End of Life & New Product Information (Demand, Shipment and delays analysis)
  • Manage DIO-Tracking and actions Plans-Local and Export
  • Assist Product Manager with Ad Hoc duties as and when necessary
Reporting
  • Prepare, report and communicate forecast and inventory measurements to all stake holders
  • Highlight key variances and change forecasts accordingly
  • Progress report on forecast against set targets
  • Basic admin (requesting approvals for product transfers, request price approvals ,listing documents, price queries internal and external, provide images and specifications, sample stock management, request approval for scrapping)
Job Scope
  • Accurate forecasting
  • Stock Management/Control
  • Long Term Inventory
  • Keeping track with the trends affecting business both locally and internationally

Organization Influence

Extensive High Level Strategic / Operational Interaction with (Internal) GTM Manager, KAM’s, PM’s, Marketing, Sales Team and other Company subsidiaries.

External Interaction with: Store Managers, Regional Managers and FSM’s
Nature and Purpose of the Interaction: Product knowledge promotion, customer satisfaction, maintain and strengthen relationships between Company and Retailers/Customer

Responsibility and Interaction with: Sales Team, Distributors/ Customers, Product Managers

Required Competencies
  • Quantitative and business analysis skills
  • Project management skillsÂ
  • A strong work-ethic
  • Analytical skills essentialÂ
  • Ability to meet all deadlines and set targetsÂ
  • In depth knowledge of supply chain processes
  • Strong organisational ability
  • Effective communication with all relevant parties (team player)
  • Presentation skills Specialist within this function)
  • Customer service orientation
  • Strategic approach to resolve challenges
  • Problem solving skills
  • In Depth Product and Retail Business Knowledge
Required Experience
  • 1 - 3 years experience in a similar position
  • Previous product management or related experienceÂ
  • Knowledge of Supply Chain/ Marketing management
  • Microsoft Office (MS Word, Excel, and PowerPoint). All at advanced levelÂ
  • FMCG experience will be an advantage
Educational Requirements
  • Degree in Business /EngineeringÂ
  • Numerical skills an advantage
Analysis
  • Forecasting accurately in a cost effective manner
  • LTI management to avoid loss of income due to stock not sold
Travel Requirements

Travelling locally and internationally when required

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