ChicagoRecruiter Since 2001
the smart solution for Chicago jobs

Statistical Forecast Analyst

Company: Storck USA, L.P.
Location: Chicago
Posted on: January 17, 2022

Job Description:

General Summary:The Statistical Forecast Analyst will own and actively manage statistical forecast modeling and analytics to drive improved accuracy and reporting for all items in the North American portfolio. -This role will manage data integrity, historical adjustments, and all other functions of the Atlas forecasting system, with a focus on driving optimization to results and processes. -This person will play a key role in the cross-functional annual and quarterly planning process. -Additionally, this position will be responsible for executing demand and supply planning functions for an assigned brand. -The ideal candidate will have demonstrated experience with statistical forecast generation within a forecasting system and data manipulation and analysis. -The key to success will be a passion for driving change through data analysis. -Supervisory Responsibilities:This position has no supervisory responsibilities. -Essential Duties and Responsibilities:Statistical Forecast Management

  • Review historical sales trends to identify and address outliers impacting statistical output
  • Prepare baseline forecast data through use of system based statistical forecast models
  • Evaluate and report on forecast results relating to both production forecasting and annual planning process
  • Effectively communicate baseline forecast trends to cross-functional team during monthly, quarterly, and annual consensus and topline planning meetings
  • Review forecast accuracy to propose adjustments to drive improvement to future forecasts
  • Prepare and monitor forecast KPI's on a regular cadence
  • Develop and maintain strong relationships with cross-functional team through excellent listening and communication skills
  • Build new product launch and item transition forecasts to generate accurate demand projections
  • Identify areas in need of improvement and create and present recommendations
  • Learn processes and systems utilized within all functions across the Supply ChainAtlas Data Integrity
    • Act as subject matter expert and Supply Chain owner of John Galt Atlas forecasting system
    • Maintain and validate system data sources in collaboration with IT
    • Scope and propose system improvements to find efficiencies and improve accuracy
    • Review imported data for inaccuracies and address and resolve
    • Maintain item properties and transition timing in Atlas
    • Process requests to add new items to Atlas
    • Upload Sales Forecast submission to Atlas and verify data matches expectation
    • Monitor Atlas data in comparison with data exported to internal reporting tool and address variancesDemand and Supply Planning
      • Maintain cross-functional forecasting process for assigned brand within key performance metrics
      • Monitor short-range forecast vs. available and in-transit inventory with the goal of preventing service problems and inventory overstocks
      • Communicate any service issues related to stock availability and coordinate resolution
      • Maintain optimal balance of inventory between warehouse locations through inter-warehouse transfers, accounting for freshness and DC level forecast adjustments - -Other Duties and Responsibilities:Other duties as assigned -Required Knowledge, Skills, and Abilities:
        • Strong analytical skills; able to organize and drive meaningful decisions from large amounts of data
        • Broad knowledge of supply chain including planning, forecasting, logistics, and customer operations
        • Strong ability to develop and enforce processes and timelines throughout the organization
        • Organized, detail oriented, and able to balance competing priorities
        • Team player who works well in a collaborative environment and shares information freely and is approachable by all levels of the organization
        • Business acumen and the ability to quickly learn technical systems
        • Ability to interpret confusing topics and translate easily into action items
        • Problem solver, brings solutions where there are obstacles, versus just identifying obstacles
        • Self-starter, motivated and drives for results
        • Ability to triangulate data from different sources to identify opportunities and conclusions
        • Embraces change and able to drive change through the organization
        • Leadership skills including ability to influence and bring team members along with you without direct reporting relationships
        • Strong presentation skills; clear verbal and written communication
        • Ability to flex style and level of detail depending on audience in all forms of communication
        • Willingness to take risks and drive decisions -Education and Experience:Bachelor's degree in business curriculumMinimum of 3 years of statistical forecast modeling experience, preferably with a CPG company -Working Conditions: Future Hybrid Work Model, including Monday and Friday Work from Home, and Tuesday, Wednesday, Thursday in normal working conditions for an office environment downtown Chicago, IL.
          Other Qualifications: Must have received or be willing to receive the COVID-19 vaccination by the date of hire to be considered. Proof of vaccination required. Company Vaccination Policy available for review upon request during interview.
          -Travel: 10%

Keywords: Storck USA, L.P., Chicago , Statistical Forecast Analyst, Professions , Chicago, Illinois

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest Illinois jobs by following @recnetIL on Twitter!

Chicago RSS job feeds