The profession of Demand Planner
The supply chain of a company refers to all the steps and processes involved in the production and distribution of goods, from the acquisition of raw materials to the delivery of the finished product to the consumer. It includes planning, purchasing, manufacturing, distribution, and return management.
The Demand Planner is a crucial part of the supply chain. Their role is to forecast consumer demand to enable the company to plan production and manage inventory effectively. By accurately anticipating demand, the Demand Planner helps minimize the costs of overstocking or stock shortages, ensuring that the necessary products are available at the right time and in the right quantity.
Role and responsibilities of the Demand Planner
The Demand Planner is responsible for creating reliable forecasting models. They work closely with sales, marketing, and production teams to develop efficient inventory plans. An essential part of their job is adjusting forecasts based on market changes and communicating potential risks to the supply chain.
Daily tasks
- Analyzing historical data and market trends
- Developing and updating sales forecasts
- Coordinating with various departments to align supply plans
- Monitoring performance indicators and adjusting strategies
Salaries and career progression
Salary varies based on experience and industry, with an average range from €35,000 to €70,000 per year. Career opportunities can lead to management positions in supply chain or logistics.
Required skills
- Analytical skills and proficiency in statistical tools
- Understanding of supply chain processes
- Communication and teamwork abilities
- Planning and organizational skills
What studies are required to become a Demand Planner ?
To become a Demand Planner, it is generally recommended to pursue higher education in operations management, logistics, statistics, or business analysis.
Skills in data analysis, statistical forecasting, and proficiency in enterprise resource planning (ERP) and demand planning software are essential. Courses in supply chain management, production planning, and inventory management are also highly beneficial.
Training to Become a Demand Planner at Université Paris Dauphine-PSL
Université Paris Dauphine-PSL offers a curriculum tailored to the career of a Demand Planner with its Master's in International Business and Development. A dedicated specialization is available with the Master 2 in International Supply Chain – 217.