Senior Forecasting Analyst - Work from Home

India

Department: Demand Planning & Allocation

Experience: 3 - 6 years

Published On: 2024-03-27

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The Demand Planning and Allocation team leads both strategic and tactical planning for New Age Products, and is the primary originator of sales and inventory plans. Within this vertical, the demand planning team is responsible for short- and long-term forecasting of sales, units and orders that enable enterprise level visibility and target setting.

Reporting to the Demand Planning Manager, the Sr. Forecasting Analyst will play a critical role in designing and improving our forecasting algorithms and metrics. The successful candidate will understand and analyze the organization’s future sales outlook as it continues to scale, while inspiring cross-functional trust in our forecasting methodology.

The senior forecasting analyst will take on challenges to innovate on behalf of the entire team and take an active business process improvement approach partnering with the demand planning manager.

Job Responsibilities:

  • Creation of long-term demand forecast for multiple product lines
  • Re-forecast on a short-term basis to reflect updated information and retail partners
  • planning confirmations.
  • Develop, test and implement changes and improvements to our in-house statistical
  • forecasting algorithm using latest techniques that fit our business.
  • Develop and maintain robust process and technical documentation related to demand
  • planning
  • Train and mentor forecasting analysts on the latest advances in forecasting and data
  • science techniques
  • Understanding end-to-end business processes in order to advise management team on
  • future looking sales goals
  • Interpreting external data to assist in understanding impacts on future sales volume
  • Creation of reporting and tools to assist demand planning and allocation teams
  • Support the Sales Team by gathering knowledge of retail partners planning and
  • communication of sales expectations
  • Coordinate with Operations and Inventory analysts to ensure health of future demand
  • fulfillment, as well as accurate representation of unit / order and margin forecast
  • Report and assist in root causing of key forecasting metrics
  • Research and recommend data, models, and methods to increase sales forecast accuracy 

Qualifications Requirements:

  • Graduate or above education, preferably in a related field of study such as Finance,
  • Business or Statistics
  • Minimum 3 years previous experience in an analytical position, proven experience
  • forecasting in product based / ecommerce industry
  • Advanced Excel skills and SQL knowledge are a must
  • Advanced knowledge and practical application of Python, including utilizing Numpy,
  • Pandas, SciPy, Statsmodels and other related libraries is required
  • Ability to structure, clean and engineer data and derive insights from missing / ambiguous
  • data
  • Ability to quickly build strong relationships with key stakeholders
  • Ability to manage, adjust, and complete projects on schedule in a dynamic work
  • environment
  • Strong ownership mindset understanding and solving for the end to end impacts of
  • generated demand plan
  • Excellent verbal and communication skills
  • Superior attention to detail 
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