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