Job Summary
The Demand Planning Specialist is responsible for forecasting and analyzing the demand for medical and non-medical supplies across the organization. The role ensures optimal inventory availability, supports procurement planning, and minimizes stock shortages, excess inventory, and wastage through accurate demand forecasting and coordination with hospital departments.
Key Responsibilities
- Develop and maintain demand forecasts for medical supplies, pharmaceuticals, consumables, and non-medical items based on historical consumption and operational requirements
- Analyze inventory levels, consumption trends, patient volumes, and utilization data to identify future supply requirements
- Coordinate with Procurement, Warehouse, Pharmacy, Nursing, and other hospital departments to ensure accurate demand planning and timely availability of supplies
- Monitor stock movement, reorder levels, lead times, and inventory performance to minimize shortages, overstocking, and expired items
- Prepare demand planning reports, forecasts, dashboards, and key performance indicators (KPIs) to support management decision-making
- Support procurement planning, budgeting, and inventory optimization initiatives across hospital locations
Qualifications
- Bachelor's degree in Pharmacy, Supply Chain Management, Logistics, Business Administration, Statistics, or a related field
- 2–5 years of experience in demand planning, supply chain planning, inventory management, or a related function
- Healthcare or hospital supply chain experience is strongly preferred
- Strong knowledge of demand forecasting, inventory planning, consumption analysis, and supply chain processes
