The Global Inventory & Forecast Analyst is responsible for ensuring optimal inventory levels for all products across various global sales regions. The role involves careful monitoring of product forecasts, management of inventory, proactive identification of discrepancies between actual sales and forecasted demand, and performing detailed data analyses to enhance forecast accuracy.
Responsibilities
Demand Planning:
Develop and maintain accurate forecasts to ensure continuous product availability globally.
Analyze historical sales data, trends, market intelligence, and other relevant inputs to inform and refine forecasts.
Collaborate with Sales, Marketing, Finance and Product Development teams to align demand planning with business strategies and product launches.
Inventory Management:
Monitor inventory levels across global sales regions and maintain sufficient and healthy stock levels to meet customer demand.
Regularly review stock performance metrics to optimize inventory holding costs and turnover rates.
Sales Performance Monitoring:
Closely track actual sales against forecasted numbers and identify significant variances promptly.
Provide timely alerts and insights to internal stakeholders regarding deviations from expected sales performance.
Recommend corrective actions in collaboration with cross-functional teams to address forecast inaccuracies.
Data Analysis and Reporting:
Conduct comprehensive data analyses, including measuring forecast accuracy and identifying improvement areas.
Prepare regular inventory and demand planning reports highlighting key metrics, challenges, and opportunities.
Communicate clearly and effectively with internal teams, ensuring alignment on inventory and supply chain decisions.
Cross-Functional Collaboration:
Collaborate closely with Advertising Specialists and Platform Management to align inventory management with promotional activities and deal events.
Ensure inventory readiness in response to planned marketing initiatives and sales events.
Requirements
Education and Experience:
Bachelor’s degree in Supply Chain Management, Business Administration, Logistics, or a related field.
Minimum of 3 years of experience in demand planning, inventory management, or supply chain roles.
Skills and Competencies:
Strong analytical skills and proficiency with data analysis tools and Excel.
Experience with demand planning software or inventory management systems.
Exceptional attention to detail and accuracy in data management.
Effective communication and collaboration skills.
Personal Attributes:
Proactive and solution-oriented mindset.
Ability to manage competing priorities in a dynamic and fast-paced environment.
High degree of initiative, responsibility, and reliability.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
