Key Accountabilities

• Design and generate monthly statistical forecasting models.
• Conduct current and future forecasting analysis, ensure that processes and methods followed are based on the best practice (continuous improvement of forecasting techniques, methods and approaches).
• Measure the forecast accuracy.
• Control inventory targets approved by management to guarantee the right coverage in order to avoid lost sales or over stock situations.
• Assemble and analyze all data pertinent to create sales forecast according to different layers of analysis: historical sales, market trends, seasonality, advertisements and assortment variation for each Channel.
• Make recommendation of inventory targets adjustments based on changes in demand and market trends.
• Organize forecast and inventory planning meetings with Merchandising Department to review sales forecasts and inventory coverage (emphasis on brand transitions, new product introduction, event, phase in and phase out items).
• Produce order of carry over items to provide Production Departments the inputs to satisfy the demand.
• Evolve and maintain documentation and standard operating procedures for demand planning processes and systems.
• Prepare reports and communicate forecast and inventory measurements to the management (forecast accuracy, inventory plan vs. targets).
• Develop systems and procedures required to meet service level and inventory objectives.
• Constant interaction with Retail and Merchandising Departments and assessment of demand requirements to reflect changes in SKU forecast level (particularly for top seller).

Key Requirements

• Bachelor degree in economics, statistics, mathematics, engineering or related fields
• 2 – 5 years of experience in the role, scheduling, forecasting and planning
• Strong analytical abilities
• Fluent English communication skills
• Proficiency in Excel and Access, and SQL, ERP and statistical software packages
• Knowledge of demand management/forecasting tools, forecasting processes in sales, marketing, operations, finance, manufacturing and supply chain issues
• Good communication and team building skills
• Detail oriented
• Extreme accuracy
• Extensive spreadsheet analysis and strong mathematical skills
• Knowledge of key inventory performance metrics
• Ability to lead cross-functionally
• Collaborative skills in resolving long and short positions in inventory
• Experience in managing end of life cycle and obsolete inventory