Job Description

The Director of Business Planning is a leadership role responsible for overseeing the development and execution of demand forecasting and planning strategies within the company. They ensure that the organization can meet customer demand efficiently by analyzing sales data, market trends, and supply chain operations to optimize inventory levels and minimize costs. This role requires strong analytical, strategic, and leadership skills, as well as the ability to collaborate effectively with various departments.

Key Responsibilities of the Director of Business Planning:

This includes creating a comprehensive demand planning strategy, defining processes, and selecting appropriate tools for forecasting.

The director oversees the demand forecasting process, ensuring accuracy and alignment with business goals.

They work to optimize inventory levels, minimize holding costs, and ensure product availability to meet customer demand.

The role requires close collaboration with sales, marketing, finance, and supply chain teams to ensure alignment on demand forecasts and inventory plans.

The director is responsible for continuously assessing and improving forecast accuracy, identifying root causes of errors, and implementing corrective actions.

This includes managing and mentoring demand planning teams, fostering a high-performance culture, and driving continuous improvement initiatives.

The director often leads or plays a key role in the Sales and Operations Planning (S&OP) process, facilitating alignment between demand, supply, and financial plans.

They leverage technology and data analytics to improve forecasting accuracy and efficiency.

The director may be involved in scenario planning for key business decisions, such as new product launches or promotions.

Providing guidance and leadership to a team of business planning professionals.

Skills and Qualifications:

• The ability to analyze data, identify trends, and develop solutions to complex demand planning challenges.
• The capacity to develop and implement long-term demand planning strategies that align with overall business objectives.
• The ability to lead and motivate a team, effectively communicate with stakeholders across different departments, and influence decision-making.
• Proven experience in developing and implementing demand planning processes and utilizing forecasting tools.
• Understanding the intricacies of the supply chain and its impact on demand planning.
• Proficient with the S&OP process and its role in aligning demand and supply plans.
• Experience with forecasting software, ERP systems, and other relevant technologies.

• Financial Acumen: Strong understanding of financial principles and forecasting techniques.
• Analytical Skills: Ability to analyze data, identify trends, and draw meaningful conclusions.
• Experience: Bachelor's degree in business administration, finance, or a related field, along with several years of experience in business planning, strategy, or related areas.

Job Tags

Similar Jobs