Forecast Analyst

  • C4S Search Ltd
  • Doncaster, Yorkshire
  • Dec 03, 2021
Full time Banking

Job Description

An exciting opportunity has arisen in our partners Inventory and Forecasting team to assist the Senior Forecasting Analysts to ensure the Inventory & Forecasting team achieve the objectives required by the business.

Role and Responsibilities

Develop relationships with the Customer or Customer facing teams, supporting and ensuring communication flow is maintained, accurate and timely.

Work with Customers and across teams to understand Inventory Management systems and processes used by the business areas and customers.

Complete the daily, weekly and monthly reviews for a group of materials

Ownership of forecasts and effective management for group of materials

Ensure optimum stock holding and order policies are set

Responsible for ensuring necessary escalation, root cause analysis and resolution processes are in place and supported by the full engagement of all key stakeholder

Assist with review of Procurement processes and activities, particularly within Inventory and Forecasting to identify problems and waste, improve where possible including preparation and presentation of re-training.

Gather data from a variety of sources. Assess, interpret, and analyse the data in development of a thorough, accurate, and supportable demand forecast. Analytic skills must include the ability to see the big picture and the demonstration of strong business intuition.

Drive continuous improvement in forecasting process and methodology. Work with internal and external parties to leverage capabilities of ERP system and other planning tools. Direct the utilization of forecasting methods and software tools to deliver and monitor forecast accuracy. Continually seek, report, evaluate, and make recommendations to leadership to improve forecasting, planning and budgeting processes.

Carry out other duties, responsibilities, and projects as assigned, in an effective manner.

Essential Criteria

High level of data analysis and problem solving skills

A team player

Self-motivated

Knowledge of inventory management principles

Ability to communicate and confidently present at various levels.

IT literate with excellent numeracy skills.

Capable in the use of MS Office Suite, or Equivalent systems.

Excellent problem solving skills, knowledge of problem solving tools.

Good business and commercial awareness.

Desirable Criteria

Experience and understanding of planning with an ERP/MRP system. (Preferably SAP)

Experience of evaluating and correcting Forecast exceptions

Capable in the use of data analysis

Knowledge of evaluating and setting service level and authority levels in a forecasting system

Degree or equivalent qualification in Business Studies.

Benefits

  • Competitive salary
  • Pension and death in service provisions for employees in pension scheme
  • 25 Days Hols (plus Bank Holidays)
  • Employee Assistance Programme (EAP)
  • Health and Wellbeing Initiatives
  • Employee offers and discounts from various retailers
  • Cycle to work scheme, recognition events and rewards
  • Free car parking