Function: Product Supply Organization

Location: Bangalore

Reporting To:  Associate Director-

Demand Planning

At Tata Consumer Products Ltd, we stand #Forbetter – Planet, Sourcing, Nutrition, Communities. And #ForBetter Opportunities …. Here’s an exciting one!

How does this Job align to our Strategy?

At the core of Tata Consumer Products' business approach lie six strategic pillars that serve as the foundation for its growth and success: Strengthening & Accelerating our Core Business, Driving Digital and Innovation, Unlocking Synergies, Creating a Future-Ready Organization, Exploring New Opportunities and Embedding Sustainability.

This job opportunity closely aligns with one of these key strategic pillars, which is driving Strengthening & Accelerating our Core Business. The role involves Demand Planning for certain product categories in TCPL India business. The job aims to bring business value by owning & improving forecast accuracy to provide best possible visibility for Supply chain operations to help optimized cost & service to our customers.

Where do you come in as?                            

This job is at N-5 level (N corresponds to CEO’s level)

Top dimensions:

Geography: India

Direct reports: None

Complexity of the role (Optional): Moderately high

Matrix Reports : NA

Type of Role : Individual contributor

Primary Stakeholders (Optional) : Sales, Marketing, Production, procurement, CS, NPD & Innovations

What are the Key Deliverables in this role?

Financial Outcomes

• Revenue Growth: Achieve and exceed annual revenue targets through effective demand forecasting & Supply planning, leading to optimized inventory management, cost control & Availability
• Cost Reduction: Enable cost-saving measures in supply chain operations through accurate demand forecasting & effective inventory management, which results in reduced inventory carrying costs and operational efficiency.
• Profitability Enhancement: Perform SKU segmentation & support SKU rationalization activity to reduce complexity. Operate on set inventory norms and work on optimization for improved working capital performance. Reduction in expiry to improve profitability of the organization.

Customer Service

• Promos & NPD forecast management, provide visibility of forecast to supply chain at child SKU level.  Timely delivery.
• Timely completion of forecasting and monthly demand planning activities
• Drive customer service metrics -Improve OTIF & fill rates and review open order positions.
• Order Fulfillment: Ensure good forecast accuracy & stock availability consistently meeting or exceeding on-time, in-full (OTIF) delivery metrics resulting in high levels of customer satisfaction.
• Coordinate with sales, marketing, and distribution team to capture voice of customer.

Internal Processes

• Demand Forecasting Accuracy: Enhance demand forecasting accuracy to minimize forecasting errors and reduce the need for last-minute production changes.
• Process Efficiency: Streamline demand planning processes to increase efficiency and reduce lead times, resulting in faster response to market changes.
• Cross-Functional Collaboration: Foster collaboration between departments, such as sales, marketing, and production, to align demand forecasts and improve communication.
• Data Quality: Ensure data integrity and reliability by maintaining high standards of data accuracy and consistency in demand-related information.
• Responsible for Production Planning, Multi-modal Dispatch Planning & Material planning
• Develop factory-wise production plans & dispatch plans to meet desired stock availability levels
• Track plan achievement for factories & devise mitigation plans for short term supply issues
• Assess constraints on supply such as short-term capacity issues, packaging material and raw material & plan actions with cross function teams
• Support on strategic projects: Inventory Optimization, network study & long-term supply planning
• To look for Digitization opportunities towards continuous improvements

Innovation and Learning

• Continuous Improvement: Encourage a culture of continuous improvement by regularly reviewing and updating demand forecasting methodologies and tools,  Conduct root cause analysis for deviations
• Training and Development: Maximise training and development opportunities to enhance skills, keeping updated on the latest industry trends and tools.
• Incorporating Market Insights: Integrate market intelligence and customer feedback into demand forecasting models to adapt to evolving market conditions.
• Technology Adoption: Explore and adopt innovative demand planning technologies and data analytics tools to enhance accuracy and efficiency.
• Develop supply contingency plans to meet supply/demand variabilities
• Business management & Leadership skills: Develop strong business acumen and demonstrate leadership skills
• Continuous Improvement: Encourage a culture of continuous improvement by regularly reviewing and updating ways of working, methodologies and tools, Conduct root cause analysis for deviations

What are the Critical success factors for the Role?

• Ability to deal with ambiguity.
• Stakeholder management capabilities; Ability to manage multiple stakeholders, Negotiation skills / Conflict resolution
• Strong in Analytical abilities and problem-solving skills with a focus on delivering actionable insights and innovative solutions.
• Advanced excel capabilities

What are the Desirable success factors for the Role?

• Knowledge of demand forecasting tools (SAP APO DP module or JDA/BY demand suite)
• Ability to work in an unstructured environment and manage changes
• Ability to work well in cross functional teams & effectively communicate across all levels of the organization
• Master's degree (preferably an MBA)
• 3-5 years of experience in Planning for an FMCG company

TCPL Growth Mindset and Behaviors

We are obsessed about keeping Consumers & Customers first in our hearts – that’s why we are here !

We are trailblazers in executing with Excellence … Together as One Team !

We take Ownership of our business …delivering value for our Stakeholders .. no Compromises !

We are Open to Continuously improving … Continuously innovating … For Better !

We live & breathe our Tata Code of Conduct

About Us: At Tata Consumer, we stand ‘For Better.’

Tata Consumer Products is a focused consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella. Our brands embody our purpose of ‘For Better ‘through the value they deliver to consumers with a focus on innovation, health and wellness, convenience and premiumisation. The Company’s portfolio of products includes tea, coffee, water, RTD, salt, pulses, spices, ready-to-cook and ready-to-eat offerings, breakfast cereals, snacks and mini meals. Our key brands include Tata Tea, Tetley, Eight O’Clock Coffee, Tata Coffee Grand, Himalayan Natural Mineral Water, Tata Copper+ and Tata Gluco+, Tata Salt, Tata Sampann and Tata Soulfull.   In India, Tata Consumer Products has a reach of over 200 million households, giving it an unparalleled ability to leverage the Tata brand in consumer products.

The Company has a consolidated annual turnover of ~Rs. 15,206 Crs with operations in India and International markets. For more information please visit www.tataconsumer.com