Preview Questions Demand Planning Manager | Role Specific Skill

Question 1: How does inventory segmentation (ABC analysis) help in FMCG inventory management?

Which action should you take?

Choose only one option

It focuses only on the highest-selling products without considering value.

It allocates equal attention to all inventory, regardless of product value.

It classifies inventory into categories based on value and demand frequency, allowing for more focused management of high-value items.

It ignores product value and focuses only on stock quantity.

Question 2: How should a Demand Planning Manager incorporate market trends into demand forecasting for FMCG?

Which action should you take?

Choose only one option

By analyzing current market conditions and adjusting the forecast to reflect changes in consumer behavior, competitor activity, or regulatory impacts.

Market trends only affect pricing strategies and not demand forecasting.

By assuming that trends will not change and basing forecasts solely on past data.

By using historical data and ignoring changes in the market.

Question 3: What is the role of "Kaizen" in improving demand planning processes in FMCG?

Which action should you take?

Choose only one option

It focuses on making small, incremental improvements in forecasting and inventory management to achieve long-term gains

It eliminates the need for demand forecasting altogether

It prioritizes reducing labor costs in the demand planning function

It suggests one-time major overhauls to the demand planning process

Question 4: How should a Demand Planning Manager adjust inventory levels during a product launch in FMCG?

Which action should you take?

Choose only one option

By focusing only on initial market reactions without adjusting stock levels.

By maintaining standard inventory levels, regardless of expected product success.

By increasing inventory levels based on the forecasted demand and market interest for the new product.

By reducing inventory to avoid overstocking of new products.

Question 5: What is the role of performance metrics in improving demand planning processes in FMCG?

Which action should you take?

Choose only one option

They complicate the process and do not provide actionable insights.

They provide measurable indicators of success and help identify areas that require adjustments for better performance.

Performance metrics are only useful for tracking sales performance, not forecasting accuracy.

Performance metrics are irrelevant to demand planning as they only measure financial performance.

Question 6: Which of the following is the most effective approach to handle excess inventory in a supply chain?

Which action should you take?

Choose only one option

By disposing of excess inventory at a discount

By storing excess inventory in a third-party warehouse

By reducing order frequency and waiting for market demand to catch up

By coordinating with sales and marketing to align inventory with demand