Gargi Huttenes Albertus Demand Planner Interview Questions and Answers

Inventory control happens through monitoring, managing, and optimizing the levels of stock in order to meet demand while minimizing costs.

• Regularly monitoring inventory levels to ensure they align with demand forecasts

• Implementing inventory management systems to track stock levels and movement

• Setting reorder points and safety stock levels to prevent stockouts

• Analyzing historical data and trends to forecast future deman...read more

Demand forecasting and planning tools and methods help in predicting future demand for products or services.

• Statistical forecasting methods such as time series analysis, regression analysis, and exponential smoothing are commonly used.

• Qualitative forecasting methods like market research, expert opinion, and Delphi method are also utilized.

• Software tools like SAP IBP, Oracle Demantra, and JDA Demand Planning assist in d...read more