Senior Executive - Demand Planning

Job Description

Job Summary: Novumgen Private Limited is looking for a proactive and analytical Senior Executive Demand Planning to join our corporate office in Vadodara. The ideal candidate will lead and manage demand forecasting activities within our S&OP framework, ensuring efficient planning, coordination, and execution of supply chain strategies to support business growth and operational excellence. Key Responsibilities: Lead and manage demand forecasting as part of the Sales & Operations Planning (S&OP) process. Analyze historical sales trends, prepare forecast data, and evaluate forecast accuracy. Implement and provide training on demand planning software tools. Evaluate and finalize costing for in-house and CMO (Contract Manufacturing Organization) production, factoring in current RMPM (Raw Material & Packaging Material) costs. Develop and refine demand planning strategies aligned with market trends and company objectives. Collaborate cross-functionally with sales, business development, and project management teams to align demand forecasts. Monitor logistics and supply chain performance to ensure timely product delivery. Optimize inventory levels through effective inventory management and stock audits. Identify and resolve demand planning challenges, including delivery delays and supply disruptions. Drive sustainable practices across the supply chain while meeting environmental targets. Ensure compliance with legal standards and internal SOPs. Negotiate with suppliers and vendors for cost-effective procurement solutions. Develop and implement best practices in inventory control, demand forecasting, and operational planning. Track, evaluate, and report key performance indicators (KPIs). Lead, train, and manage team members to ensure effective resource utilization and team performance. Required Skills & Abilities: Strong analytical and forecasting skills. Ability to manage multiple priorities in a dynamic, time-sensitive environment. Excellent communication and interpersonal skills. Sound organizational and decision-making abilities. Self-motivated with the ability to work independently and collaboratively. Hands-on experience with demand planning and inventory management tools preferred.