What is a demand manager job?
A demand manager is a professional who is responsible for monitoring and forecasting the demand for a company's products or services. This job is critical to ensuring that the company is producing the right amount of product to meet customer demand without overproducing and losing money.
What do demand managers usually do in this position?
A demand manager is responsible for analyzing data related to customer demand, market trends, and sales history to forecast future demand. They work closely with other departments such as sales, marketing, and production to ensure that the company is producing the right amount of products at the right time. They are also responsible for identifying potential risks and opportunities related to demand and making recommendations to senior management.
Top 5 skills for this position:
- Analytical thinking and problem-solving
- Data analysis and interpretation
- Excellent communication and collaboration skills
- Attention to detail and accuracy
- Ability to work under pressure and meet tight deadlines
How to become a demand manager specialist?
To become a demand manager, you will typically need a bachelor's degree in business administration, supply chain management, or a related field. Many employers prefer candidates with a master's degree and relevant work experience in forecasting, sales, or inventory management. It is also essential to have strong analytical skills and proficiency in data analysis software such as Excel, Tableau, or R.
Average salary:
The average salary for a demand manager in the United States is around $90,000 per year. However, this can vary depending on factors such as location, industry, and experience level.
Roles and types:
Demand management is a critical function in various industries, including retail, manufacturing, healthcare, and logistics. Some common job titles associated with demand management include demand planner, demand analyst, inventory planner, and sales analyst. The responsibilities of these roles may vary depending on the industry and company.
Locations with the most popular jobs in the USA:
According to data from Glassdoor, some of the cities with the most demand manager job openings in the United States include New York, Chicago, Houston, Atlanta, and San Francisco. However, demand management is a critical function in various industries and can be found in almost any city across the country.
What are the typical tools?
Demand managers typically use a variety of tools and software to perform their job duties, including Excel, Tableau, R, and other data analysis software. They may also use supply chain management software, customer relationship management software, and inventory management software to help them manage demand and inventory levels.
In conclusion:
Demand management is a critical function in many industries, and demand managers play a vital role in ensuring that companies produce the right amount of product to meet customer demand. To become a demand manager, you will typically need a bachelor's degree in business administration or a related field, strong analytical skills, and proficiency in data analysis software. Demand managers can expect to earn an average salary of around $90,000 per year, and job opportunities can be found in cities across the United States.