*Job Functions:
• Create statistical forecasts:
- Gather, analyze and validate data
- Execute statistical modeling software
- Review resulting statistical forecast model
- Apply error analysis techniques to improve forecasting
- Summarize/aggregate statistical forecasts
• Review sales plans , customer finance Budget Updates or Latest Estimates and demand drivers:
- Present, solicit, and assess feedback on the various forecasts from sales, and finance
- Recommend adjustments for operational forecasts
- Review promotional plans with sales
• Achieve consensus for operational demand forecasts by facilitating a collaborative planning process with sales, marketing and finance personnel:
- Prepare relevant material to facilitate research and discussion
• Provide input to volume planning ( Latest Estimates / annual process)
- Facilitate and manage demand planning/customer meetings
- Achieve consensus with the business side and the demand chain
• Maintain demand planning system and software
- Enter and modify data and ensure the correctness of product hierarchy
- Monitor trends in forecast error
- Identify relevant market-related data and competitive intelligence
• Prepare and maintain relevant reports pertaining to demand planning process
*Key Results:
• A customer demand forecast which incorporates current and accurate market information that allows the company to correctly predict customer demand and provide its supply chain with the appropriate information to plan how to meet that customer demand.
• Improved relationships among planners, sales, marketing and finance, which will lead to effective knowledge sharing and an optimal consensus forecast to better guide the company.
• Refined systems and methods to continually improve forecasts so that the company can better anticipate customer needs.
• Execute with excellence in the area of customer replenishment and feedback to the Supply Chain group the opportunities and risks regarding customer replenishment performance metrics.
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