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A demand planning manager forecasts demand for a company's products or services. They use market research to predict sales trends and adjust inventory levels accordingly. These managers work with sales, marketing, and production teams to ensure product availability aligns with demand. They may develop strategies to minimize waste and improve supply chain efficiency. Analytical skills, attention to detail, and the ability to work collaboratively are essential for success in this role.
Avg. Salary $104,519
Avg. Salary $59,228
Growth rate 10%
Growth rate 0.3%
American Indian and Alaska Native 0.23%
Asian 8.15%
Black or African American 3.04%
Hispanic or Latino 8.67%
Unknown 5.32%
White 74.58%
Genderfemale 34.61%
male 65.39%
Age - 38American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 38Stress level is high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
Pros
Competitive salary and benefits due to high demand for the position
Possibility for career advancement
Opportunities for continuous learning and development
Flexibility in terms of location and work schedule
Ability to work with cutting-edge technology
Cons
Frequent changes in demand forecasting and planning strategies
Risk of inventory shortages or surpluses due to inaccurate forecasting
Long work hours during peak seasons or periods of high demand
Risk of burnout due to the high-stress nature of the job
Can be a thankless job, with little recognition for success and significant blame for failures
| Skills | Percentages |
|---|---|
| Supply Chain | 13.85% |
| Forecast Accuracy | 10.53% |
| KPIs | 10.43% |
| Logistics | 5.89% |
| Capacity Planning | 4.94% |
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The average demand planning manager salary in the United States is $104,519 per year or $50 per hour. Demand planning manager salaries range between $75,000 and $144,000 per year.
What am I worth?
Engagements with customers and understanding their needs, enabling business to stock what moves only
Dealing with customers when shipping lines have delayed their planned consignment
its a challenging work. you need lot of potential to be materials manager.
Using analytics to drive unbiased decisions that are of the greatest benefit to the company.
The demand planning function should reside in Sales rather than Supply Chain.