Analyst, Global Forecasting

The Global Forecast Analyst is responsible for accurately forecasting products utilizing a statistical forecast system requiring strong mathematical skills. This position is also responsible for ensuring high customer satisfaction rates while maintaining adequate inventory levels at each distribution center location.

This position will use multiple methods and tools to evaluate past sales history, future customer demand, customer placements and seasonality trends to predict future demand and communicate with a wide variety of internal and external customers to negotiate and make recommendations to fulfill customer demands while ensuring a reasonable inventory level plan.

The Global Forecast Analyst will be the key member of the Global Forecasting team to deliver consistent results and participate continuous improvement project assigned by manager.

ESSENTIAL DUTIES & RESPONSIBILITIES

1.     Analyze, update, and monitor the forecast by SKU warehouse level for accuracy using a statistical forecast system and communicate changes to appropriate departments.

2.     Evaluate and monitor future orders versus forecast, make forecast changes when needed.

3.     Maintain and follow up whole product planning life cycle including product status, product forecasting, promotion readiness and inventory.

4.     Calculate and monitor forecast KPIs (Accuracy and Bias) against the targets, identify errors and provide solutions to improve forecasting performance.

5.     Identify out-of-the-norm conditions on any product and communicate to management, make recommendations for solution.

6.     Interact and build relationships with key business partners to ensure accurate data and forecasting.

7.     Evaluate inventory and the reliability of the supply chain flow for approval of Ad Notice, promotional requests and customer projections to ensure customer satisfaction and product availability.

8.     Identify planned drop items and/or groups; evaluate and make recommendation for best time frame for drop based upon remaining finished goods inventory, raw material inventory on hand and/or at vendor locations. Negotiate with Production, Purchasing and/or vendor regarding the final run dates and provide direction for expediting, deferring and/or cancelling orders when necessary and ensure proper inventory levels are available. Recommend excess inventory items to be added to the Hot Buys develop a plan and make recommendations for closing out remaining inventory.

9. Contribute to the planning of long- and short-term business objectives; actively participate in product review meetings and Integrated Business Planning (IBP) meetings as required.

MINIMUM QUALIFICATIONS

1.     Education

Bachelor's degree in business, Supply Chain, or a related field

2.     Experience

At least 2 years of experience in demand planning and inventory management

3.     Knowledge, Skills, and Abilities

-       Strong analytical skills

-       Proficiency in demand forecasting and inventory planning techniques

-       Knowledge of supply chain principles and practices

-       Familiarity with ERP systems and demand planning software

-       Proficient in Microsoft Excel and other data analysis tools (SQL, Python, Power BI, etc.) is advance

-       Ability to collaborate and work effectively in cross-functional teams

-       Must be fluent English