Forecasting Specialist

The Forecasting Analyst is an integration point between Sales and Supply functions and will lead functions to ensure that there is a common understanding across all the data.

This position is responsible for the forecast and inventory levels of finished products; including measuring forecast vs actual for both make-to-stock and make-to-order product as necessary and ensuring alignment to budget numbers.

Responsibilities:

• Working closely with Sales, Marketing and Product Managers to obtain and ensure that current and accurate information is used for demand forecasts for distributed product, providing supply chain with the appropriate information to plan how to meet that customer demand
• Review historical sales trends, research demand drivers, prepare forecast data, develop statistical forecast models, and evaluate forecast results.
• Coordinate and lead regular cross-team communications to reconcile significant variances and refine the forecast model to reflect updated sales and marketing assumptions, aligned to sales budget numbers.
• Provide input to the inventory buyers in developing inventory strategies on existing items, new products, and product phase-outs.
• With the buyers, develop and implement planning tools that will allow the business to significantly decrease its stockholding while always meeting set performance standards.
• Develop robust lifecycle stock review from NPI to OSMI stock, aiming to reduce scrap requirement; report monthly to Product Managers, Materials Manager (and Directors as appropriate).