Statistical Forecasting Analyst
2 weeks ago
We are seeking a highly skilled Senior Analyst Statistical Forecasting to join our team at Newell Brands. As a key member of our Planning COE - Global Supply Chain (GSC), you will play a critical role in developing a baseline statistical forecast that serves as the foundation for our Category Demand Planner to build a consensus demand plan.
Key Responsibilities- Manage and cleanse sales order history by identifying known outliers and making model adjustments to improve the accuracy of a statistical model.
- Leverage Life Cycle Management parameters such as end of life skus/dates, linking supersession skus, and new product introductions to build statistical history and drive stat forecast improvements.
- Conduct demand analytics by reviewing statistical outliers, segmentation (ABC/XYZ) and performing WFA and bias reviews to manage by exception.
- Tune statistical models by managing the algorithm assignments to each sku, classify history patterns, update model parameters.
- Generate a baseline statistical forecast and adjust based on downstream data such as POS, incoming sales orders, and category/customer intelligence.
- Partner with customer and category teams to ensure statistical forecast solution effectively addresses the needs and provides any future business insights or learnings.
- 3+ years of Supply Chain experience (Forecasting, Demand Planning, Supply Planning, Inventory Management and Fulfillment).
- 1+ years of statistical modeling and demand systems (APO, IBP, JDA, Logility, etc).
- 2+ years of experience in data acquisition, spreadsheet or database development and analytics using business intelligence tools such as Power BI.
- Bachelor's degree of Supply Chain Management, Statistics, Mathematics, Business Administration or equivalent undergraduate degree, with related work experience.
- Training (or equivalent prior experience) with demand planning tools like SAP APO-Demand, SAP IBP Demand, Oracle or equivalent constrained based supply planning tools.
- Proficiency with Excel, PowerPoint and other MS Office applications, and supply chain planning and optimization tools.
Newell Brands is a leading global consumer goods company with a portfolio of iconic brands. We are committed to delivering exceptional performance and creating value for our stakeholders.
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