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in Arcadia, WI
Forecast Analyst
Hours | Full-time, Part-time |
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Location | Arcadia, WI Arcadia, Wisconsin |
About this job
• Analyze, update, and monitor the forecast for accuracy using a statistical forecast system and communicate changes to appropriate departments. Forecast groups by product category. Evaluate and monitor future orders versus forecast; make necessary forecast changes when needed. Create and maintain product journals. Responsible for an average amount of forecast dollars and/or records.
• Independently make decisions to change and update forecasts and derived ratios by comparing future forecast to actual history, and percent of change in demand following standard operating procedures and established guidelines.
• Identify out-of-the-norm conditions on any product and communicate to management; make recommendations for solution.
• Evaluate inventory and the reliability of the supply chain flow for approval of Ad Notice, promotional requests and customer projections to ensure customer satisfaction and product availability. Enter additional demand into the statistical forecast system; closely monitor current and future inventory levels. Provide direction for expediting orders when necessary and ensure proper inventory levels are available.
• Identify planned drop items and/or groups; evaluate and make recommendation for best time frame for drop based upon remaining finished goods inventory, raw material inventory on hand and/or at vendor locations. Negotiate with Production, Purchasing and/or vendor regarding the final run dates and provide direction for expediting, deferring and/or cancelling orders when necessary and ensure proper inventory levels are available. Recommend excess inventory items to be added to the Hot Buys (could include current product); develop a plan and make recommendations for closing out remaining inventory; identify when a discontinued item should be coded as a liquidation item.
• Review inventory reports and make requests and recommendations to improve inventory levels; review selling ratios for balancing sets.
• Provide direction for expediting, deferring or cancelling orders for makes, buys or transfers, when necessary and ensure proper inventory levels are available.
• Contribute to the planning of long- and short-term business objectives; actively participate in product review meetings and Sales & Operations Planning (S & OP) meetings as required.
• Positively and professionally represent the company when handling complaints and resolving issues when product is in limited supply, customer orders are delayed or product is in excess.
• Update forecasting system for first availability dates on new product and/or product with availability issues.
• Create and maintain debit memos as needed for rework, liquidation, scrap and exportation.
• Monitor production capacity versus demand and on-time delivery utilizing various reports.
• Demonstrate the Company’s Core and Growth Values in the performance of all job functions.
Job Requirements:
Education:
• Bachelor degree in Business or related field, or equivalent work experience, Required
Experience:
• 1 year experience in supply chain fields, Preferred
Knowledge, Skills and Abilities:
• Supply Chain System knowledge
• Document management system
• Working knowledge of Continuous Improvement
• Handle mathematical calculations with speed and accuracy
• Strong attention to detail and accuracy
• Effective time management and organizational skills
• Analytical and problem solving skills
• Excellent interpersonal skills
• Excellent verbal and written communication skills
• Maintain confidentiality
• Handle multiple projects simultaneously within established time constraints
• Proficient computer skills, including experience with Microsoft Office Suite, especially MS Excel; internet
• Respond professionally in situations with difficult employee/vendor/customer issues or inquires
• Perform under strong demands in a fast-paced environment
• Work independently as well as in a team environment
• Display empathy, understanding and patience with employees and external customers
We are an equal opportunity employer and provide a drug free working environment.
While Ashley appreciates the interest of all candidates only those meeting specific job requirements may be contacted. Principals Only.