Forecasting Analyst

3 months ago


Lake Zurich, United States Buckingham Search Full time
Job DescriptionJob Description

This position is responsible for maintaining the monthly demand planning process (including both statistical and consensus / collaborative forecasting approaches). This individual will monitor and update the finished goods forecast process data. This person contributes to the cross-functional inventory planning and customer demand review processes.

Responsibilities:

  • Validate demand data from multiple sources.
  • Develop and maintain a monthly forecast for all finished goods parts using order and shipment history, customer point of sale data, market intelligence, and industry trends to inform the projected demand.
  • Contribute to the monthly collaborative demand review as part of the S&OP process.
  • Work with sales, marketing, and product management to understand product life cycles, demand patterns, and short, medium, and long-term forecasts.
  • Analyze and develop insights on data from a customer point of sales data systems and internal order-management systems.
  • Contribute to continuous improvement efforts to advance the demand planning and forecasting process capabilities.
  • Maintain forecast vs. actual history data by customer, product family, channel, geography, and SKU.

Qualifications:

Competencies

  • Knowledge and experience with enterprise planning software (e.g., SAP, JDA, Oracle, etc.)
  • Experience using and interacting with MRP systems.
  • Experience with forecasting methodologies, techniques, and approaches (e.g., moving averages, exponential smoothing, holt-winters, box-jenkins, discrete probability, etc.).
  • Detail-oriented and ability to organize work activities in highly ambiguous situations.
  • Strong MS Office skills (i.e., Excel and Access).
  • Strong problem-identification and analytical skills.
  • Experience with process management skills.
  • Action-oriented.

Education/Experience

  • Undergraduate degree in mathematics, supply chain, or engineering required.
  • Relevant industry experience in the automotive or aftermarket parts business.
  • 2-6 years of supply chain planning experience in the areas of S&O

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