Job Role: Demand Manager
Salary: Rs 4-7.5 Lacs P.A.
Location: New Delhi, Noida
Company: OYO
Qualifications: Any Graduate
Experience: 1 – 6 years
ABOUT OYO
OYO Rooms, founded in 2013 with the aid of Ritesh Agarwal, is a worldwide hospitality chain based in Gurgaon, India. It commenced as a platform supplying lower-priced, standardized lodge rooms and has swiftly elevated its footprint globally. OYO partners with small and financial motels, refurbishing and standardizing them to ensure a consistently first-class service. With a presence in over eighty international locations, the agency targets to make great lodging accessible to all travelers.
OYO’s revolutionary use of technology for reserving and coping with homes has streamlined the hospitality revel, making it extra efficient and user-pleasant. Despite going through challenges and criticisms associated with its speedy enlargement and operational practices, OYO remains a full-size participant within the worldwide motel industry, continuously evolving to satisfy the wishes of its diverse customer base.
Job Description
A Demand Manager oversees the forecasting and making plans of service or product names to align with the organization’s desires. Responsibilities encompass reading market traits, historical information, and income forecasts to expand accurate calls for plans. They collaborate with earnings, advertising and marketing, and supply chain businesses to ensure important stock ranges and meet patron expectancies. Key responsibilities comprise tracking performance metrics, adjusting forecasts as desired, and imposing techniques to cope with calls for fluctuations. The function calls for robust analytical abilties, interest in detail, and the potential to make data-driven selections to aid business increase.
Responsibilities of a Demand Manager:
- Demand Forecasting: Develop and hold correct calls for forecasts based on ancient information, market trends, and profits. Utilize statistical fashions and forecasting software program programs to expect future demand and regulate plans as essential.
- Data Analysis: Analyze profits records, market trends, and customer insights to end up privy to styles and functionality call for shifts. Interpret complex records gadgets to offer actionable guidelines for stock and delivery chain management.
- Collaboration: Work closely with profits, advertising, and marketing, and deliver chain teams to align call for plans with enterprise goals. Ensure clean communication and coordination to balance delivery and call successfully.
- Inventory Management: Monitor stock stages and work with delivery chain teams to make sure the best inventory tiers. Develop techniques to manipulate excess stock or address shortages.
- Performance Monitoring: Track key universal performance signs and symptoms (KPIs) related to call for and deliver chain performance. Prepare normal reports and suggestions for senior control on forecast accuracy and call for trends.( Demand Manager)
- Strategy Development: Create and enforce techniques to improve forecast accuracy and manage names for fluctuations. Develop contingency plans to cope with sudden modifications in demand or deliver chain disruptions.
- Continuous Improvement: Identify possibilities for way improvements and place into impact notable practices in demand-making plans. Stay updated with industry dispositions and emerging technologies to beautify forecasting and making plan processes.
- Stakeholder Management: Engage with internal and external stakeholders to collect insights and remarks. Ensure that the call for making plans and strategies meets the dreams of all departments and clients.
Qualifications of a Demand Manager:
- Education: Bachelor’s diploma in Business Administration, Supply Chain Management, Finance, or a related field. A Master’s degree or applicable certification (e.g., APICS CPIM) is a plus.
- Experience: Proven experience in name for making plans, forecasting, or a related function, generally 3-five years. Experience with forecasting software programs and statistics analysis equipment is considerably relevant.
- Analytical Skills: Strong analytical and problem-solving competencies with the ability to interpret complicated records and generate actionable insights.
- Technical Skills: Proficiency in name for planning software (e.g., SAP, Oracle) and superior Excel competencies. Knowledge of statistical forecasting strategies is positive.( Demand Manager)
- Communication Skills: Excellent verbal and written communique capabilities, with the potential to offer records and hints efficaciously to numerous stakeholders.
- Attention to Detail: High interest in detail and accuracy in forecasting and reporting.
- Teamwork: Ability to artwork collaboratively with go-practical groups and manipulate more than one priority in fast-paced surroundings.
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