Food Concepts commenced operations in 2001. From inception, our aim has been clear-cut and focused: to revolutionise the food sector in West Africa and to deliver extraordinary satisfaction to our stakeholders.
The journey began with our pioneering of the food court concept in Nigeria – a new and exciting offering for the local market. At the same time, we also imported well-developed QSR (Quick Service Restaurant) brands from South Africa. Since this time we have concentrated on developing our own brands, which already occupy prime market positions. Chicken Republic, as our flagship brand, is a classic success story.
Since launching in 2004, Chicken Republic has already opened 55 stores in Nigeria and Ghana. On this basis, we are proud of the brand’s hard-earned reputation as the fastest growing chicken QSR in West Africa and the number 1 chicken QSR in Nigeria (both in revenues and number of outlets). In addition, Chicken Republic was ranked as one of Nigeria’s top 20 brands across all categories (Financial Standards Awards 2009).
Our multifaceted business also comprises an Operational Division, Central Kitchen Unit and Supply Chain Division.Job Purpose
Assist in the demand planning duties including estimating future product demand, analyzing inventory flow and developing forecasts models.
Core Responsibilities and Key Result Areas
Demand Planning/Forecasting
Assist in demand planning and management activities of a company’s products
Develop demand forecast based on demand patterns and business trends
Make forecast adjustments based on seasonal products, promotions and discounts.
Determine demand forecasts to support in budgeting and inventory management.
Provide guidance to demand planning team as needed.
Assist in developing and executing demand plan to achieve company goals.
Perform market analysis and determine customer demands.
Follow company rules and regulations.
Maintain demand planning systems to improve forecast accuracy.
Perform root cause analysis of demand issues and provide permanent resolutions.
Escalate complex demand issues to management for immediate resolutions.
Determine customer response for new products and price revisions and communicate the same to management.
Work with inventory team to monitor inventory levels and replenish appropriate products.
Provide forecast updates to management, inventory and operations teams on regular basis
Schedule monthly forecast meetings with all customers as required
Key Performance Indicators
Forecasted vs Actual sales
Monthly product category forecast error
Weekly item location forecast error
Forecasting accuracy
Marketing intelligence of competitor activities
Knowledge Requirements
Knowledge of statistical supply chain management, distribution practices, inventory management
Knowledge of forecasting models and industry trends
Job Specifications
A minimum of a Bachelor’s degree in Business Administration or related field is required.
Possession of any relevant certification is essential
Minimum of 1 year experience in similar role