Preview Questions Demand Planning Manager | Role Specific Skill

Question 1: How can inventory accuracy be maintained in high-demand FMCG products?

Which action should you take?

Choose only one option

By reducing the number of SKUs managed simultaneously

By minimizing the replenishment frequency of high-demand products

By forecasting future demand with high confidence

By implementing regular cycle counting and real-time updates

Question 2: How does advanced forecasting software help in supply chain coordination for FMCG?

Which action should you take?

Choose only one option

It simplifies forecasting by ignoring supply chain variables like lead times and procurement schedules.

It focuses only on financial data and ignores demand fluctuations.

It integrates data from sales, logistics, and production to provide more accurate forecasts and improve decision-making.

It provides an exact demand forecast without considering external factors.

Question 3: In what way can historical promotional activities influence demand forecasting accuracy?

Which action should you take?

Choose only one option

They provide insight into future promotional success

They are useful only in seasonal forecasting models

They reduce forecast errors related to price sensitivity

They are irrelevant as they do not impact consumer behavior

Question 4: How do you address "supply chain disruptions" in FMCG and adjust demand planning accordingly?

Which action should you take?

Choose only one option

By reducing production to match available supply without considering demand fluctuations

By ignoring disruptions and maintaining the original forecast

By delaying product launches until the supply chain is stable

By identifying alternative suppliers, adjusting forecasts, and collaborating with production to mitigate stockouts

Question 5: What is the most effective strategy for improving lead times in supply chain coordination for FMCG products?

Which action should you take?

Choose only one option

Increasing order volumes to take advantage of bulk discounts

Reducing product variety to simplify stock management

Expanding supplier base without assessing supplier capabilities

Consolidating orders and optimizing transportation routes

Question 6: How should a Demand Planning Manager optimize order quantities for multiple product categories in FMCG?

Which action should you take?

Choose only one option

By using demand forecasts and historical sales data to calculate optimal order quantities, ensuring efficient inventory levels.

By focusing on high-margin products and ignoring the rest.

By adjusting order quantities based solely on production capacity.

By ordering equal quantities for all product categories, regardless of demand patterns.