Demand Planning Assistant Manager, Performance Materials
Date: 7 Feb 2025
Location: VN
Company: Coats
ROLE PURPOSE:
- Oversees the demand planning for FR Fabric and FR Garment strong understanding of forecasting techniques, inventory management, and cross-functional collaboration. Ensures the demand planning process is efficient and accurate, which directly impacts to sales target and to meet customer demand without excessive stock or shortages.
Managing Purchase activity, involve sourcing activity and managing relationship with suppliers and Vendor
- Oversees the demand planning for FR Fabric and FR Garment strong understanding of forecasting techniques, inventory management, and cross-functional collaboration. Ensures the demand planning process is efficient and accurate, which directly impacts to sales target and to meet customer demand without excessive stock or shortages.
Managing Purchase activity, involve sourcing activity and managing relationship with suppliers and Vendor
KEY ACTIVITIES
1. Demand Planning:
· Develop, implement, and refine demand forecasting models to accurately predict future customer demand
· Monitor and assess forecast accuracy and make adjustments to strategies as needed
· Collaborate with key departments (sales, marketing, finance, and supply chain) in local and global to align
forecasts with business goals.
· Ensure alignment between demand forecasts and supply chain capabilities (e.g., inventory, production
schedules).
· Work closely with sales teams to incorporate promotions, new product launches, and seasonal variations
into demand forecasts.
· Monitor inventory levels to ensure that stock is available to meet demand while minimizing excess
inventory.
· Develop strategies for improving stock turnover and reducing stockouts or overstocks.
· Generate and present reports on demand forecast accuracy, inventory levels, and any potential issues to
upper management.
· Analyse trends and customer behaviour to anticipate future demand shifts and adjust forecasts
accordingly
· Identify opportunities to improve the demand planning process, ensuring it is efficient, data-driven, and
responsive to market changes.
· Introduce and implement new tools, systems, or methodologies to improve forecasting accuracy and
efficiency.
· Proactively address discrepancies between forecasted demand and actual sales, working with relevant
departments to find solutions.
· Resolve issues related to demand-supply imbalances, such as stockouts or excess inventory.
2. Procurement:
· Work closely with our partner to generate the purchase plan base on the forecast and actual order
· Coordinate with local Procurement to monitor purchase activities of material for FR fabric and FR garment
· Ensure that all procurement activities are compliant with legal and regulatory requirements.
· Look for opportunities to reduce procurement costs while maintaining quality and reliability.
· Maintaining relationship with vendor and suppliers
3. Administration:
· Assist the sales team with administrative tasks, contracts, presentation and assigned task
· Monitor the status of FR fabric and Garment orders, ensuring that they meet customer expectations in
terms of delivery time and product quality.
· Track and update sales forecasts and assist in preparing sales presentations for internal meetings or
client reviews · Collaborate with the logistics and warehouse teams to ensure smooth order delivery. · Work closely with our partner to monitoring overall activities to ensure the smooth operation and commitment for delivery to achieve sales target · Ability to address issues that may arise during the sales process, such as customer concerns or logistical challenges, and provide quick, effective solutions. · Ability to work well in a team-oriented environment, collaborating with various departments (sales, marketing, operations, etc.).
Education, Qualifications and Experience
- Education: A bachelor's degree in Supply Chain Management, Business
- At least 5 year-experiences in Garment and textile industries as Demand planning, supply chain management.
- Understanding of Industry garment trends (safety standards)
- Experience negotiating with internal department and suppliers
- Proven ability to collaborate effectively at all levels within the organisation.
- Excellent communication skills
- Excellent presentation skills
- Growth mindset, proactive, teamwork, “can do” attitude
- Fluent in English
- Well organized
- Self-motivated