Manager Demand Planning Interview Questions and Answers

I use various demand planning tools and software to optimize forecasting and planning.

• I use statistical forecasting tools like SAS Forecast Server and Oracle Demantra.

• I also use Excel and Access for data analysis and reporting.

• I have experience with SAP APO and JDA Demand Planning software.

• I am familiar with demand planning modules in ERP systems like Oracle EBS and SAP ECC.

• I keep up-to-date with emerging technologies and tools in the field.

I will achieve my targets by implementing a data-driven approach and collaborating with cross-functional teams.

• Analyze historical data to identify trends and patterns

• Use forecasting techniques to predict future demand

• Collaborate with sales, marketing, and production teams to align on demand forecasts

• Regularly review and adjust forecasts based on market changes and internal factors

• Implement inventory optimization strategies to ensure product availability while minimizing exces...read more

Linear regression is a statistical method used to establish a relationship between two variables.

• It involves finding the line of best fit that represents the relationship between the variables.

• It is used to make predictions and forecast future trends.

• It assumes a linear relationship between the variables.

• It is commonly used in demand planning to forecast sales based on historical data.

• It can be used to identify outliers and anomalies in the data.

Demand planning steps involve forecasting, analyzing data, setting targets, and adjusting plans.

• Forecasting demand based on historical data and market trends

• Analyzing sales data and customer behavior to identify patterns

• Setting inventory targets to meet demand while minimizing excess stock

• Collaborating with sales, marketing, and production teams to align plans

• Adjusting forecasts and plans based on new information or changes in the market

• Utilizing demand planning software and ...read more