Key Responsibilities

• Develop effective forecast models based on industry trends and demand patterns.

• Support management with risk assessments and mitigation activities.

• Propose and implement solutions to improve demand forecast accuracy.

• Successfully communicate forecast and inventory estimations to management.

• Monitor and report on important changes in sales forecasts, budgets, and business strategies.

• Conduct monthly forecast maintenance.

• Address demand-related issues in a timely and effective manner.

• Develop demand forecasts (operational forecasts) at multiple levels of aggregation for multiple time horizons as part of a demand planning function.

• Review historical sales trends, research demand drivers, prepare forecast data, develop statistical forecast models, and evaluate forecast results.

• Coordinate cross-functional research activities to reconcile significant variances and refine the forecast model to reflect updated sales and marketing assumptions.

• Interact with sales, marketing, and customer finance to understand demand forecast drivers.

• Utilize a collaborative and consensus approach by working with Sales, Marketing, and Customer Finance to obtain and ensure that current and accurate information is used for demand forecasts.

• Use and maintain the Demand Planning software as the primary forecasting system tool.

• Provide input to the Supply Planning organization in developing inventory strategies on existing items, new products, and product phase-outs.

• Closely coordinate and communicate customer action plans with supply planning.

Skills

• Solid understanding of inventory management practices and procedures.

• Strong mathematical and statistical knowledge.

• Capability to multitask in a fast-paced environment.

• Excellent written and verbal communication skills.