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Demand Forecasting Analyst

Demand Forecasting Analyst

Honasa Consumer Ltd.Haryāna, Republic Of India, IN
1 day ago
Job description

Overview :

The position holder will be primarily responsible for all forecasting activities related to customers and products for all brands and channels of the company. The person will be responsible to create and maintain forecasting models by incorporating business intelligence and forecast information

gathered from sales, marketing, new product development team and other relevant stakeholders.

Role and Responsibilities :

  • Will be responsible for supporting the end-to-end forecasting process for different brands and channels
  • Review historical sales trends, research demand drivers, prepare forecast data, develop statistical models and evaluate forecast results
  • Coordinate cross-functional research activities to reconcile significant variances and refine
  • the forecast models to reflect updated sales and marketing assumptions
  • Regular reporting to Senior and executive management of the demand plan and KPIs
  • Interact with sales, marketing and NPD to understand demand forecast drivers
  • Provide input to Supply Planning in developing inventory strategies on existing items, new products, and product phase-outs volume planning for latest estimates
  • Constantly engage with stakeholders to ensure alignment in lead times, inventory days, liquidation plans and inventory ageing.

KPIs :

  • Availability risks and opportunities
  • Freshness of the product for the end customer
  • Forecast accuracy and bias
  • Refined systems and methods to continually improve forecast of SKU requirements
  • Qualifications Required :

  • Graduate / MBA in Operations / Supply Chain Management
  • Skills and expertise required :

  • Minimum of a bachelor's degree in business analytics or any field of engineering
  • Advance knowledge of MS Excel
  • Solid understanding of demand planning and inventory management
  • Very strong statistical skills
  • Startup experience is preferable
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    Forecasting Analyst • Haryāna, Republic Of India, IN

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