Preview Questions Demand Planning Manager | Role Specific Skill

Question 1: How would you improve the coordination between demand planning and production planning in FMCG?

Which action should you take?

Choose only one option

By implementing integrated planning tools and systems

By allowing demand planners to control the production line schedule

By creating separate forecasting processes for each department

By focusing only on minimizing production costs

Question 2: What is a key consideration when improving demand forecasting accuracy in FMCG companies?

Which action should you take?

Choose only one option

Focusing only on seasonal demand patterns

Reducing the complexity of the forecasting model to basic averages

Limiting the data sources to only internal sales reports

The ability to incorporate both internal and external factors into models

Question 3: How do you calculate the optimal "reorder point" for inventory in FMCG?

Which action should you take?

Choose only one option

By using the historical sales data alone without considering lead time

By considering lead time demand and safety stock to determine the level at which new orders should be placed

By estimating the reorder point based solely on expected delivery dates

By using a fixed quantity per product line regardless of demand

Question 4: How do you implement "demand smoothing" to improve forecasting accuracy in FMCG?

Which action should you take?

Choose only one option

By ignoring seasonal demand fluctuations to simplify forecasting

By maintaining constant inventory levels without adjusting for demand

By increasing the production capacity to meet high demand without forecasting adjustments

By adjusting demand forecasts to reduce fluctuations and account for seasonal variations or unexpected demand spikes

Question 5: What is the role of supplier lead times in effective supply chain coordination for FMCG?

Which action should you take?

Choose only one option

Lead times only affect high-demand products and not regular stock items.

Lead times should be ignored to avoid complicating supply chain coordination.

Supplier lead times must be accounted for to ensure timely delivery of goods in line with demand forecasts.

Lead times are irrelevant if the inventory management system is robust.

Question 6: What is the significance of "collaborative forecasting" in improving the demand planning process for FMCG?

Which action should you take?

Choose only one option

It relies on one department's input and excludes others from the process

It assumes that one party's forecast is sufficient to guide production

It reduces collaboration to streamline the planning process

It integrates inputs from multiple stakeholders such as sales, marketing, and finance to improve forecast accuracy