Demand Forecasting Analyst

6 days ago

Muscat, Muscat, Oman beBee Careers Full time
Job Description

This senior demand specialist role requires a deep understanding of supply chain operations and the ability to analyze complex data sets to inform business decisions.

The successful candidate will work closely with cross-functional teams to optimize demand and supply chain operations, ensuring alignment between demand forecasts and supply capabilities.

Responsibilities
  1. Demand Forecasting:
  2. Use statistical analysis and predictive modeling to generate accurate demand forecasts.
  3. Collaborate with Supply Chain teams to incorporate market insights and business intelligence into demand forecasts.
  4. Continuously refine forecasting models and methodologies to improve accuracy and responsiveness to market changes.
  5. Supply Planning:
  6. Work closely with assets, operations, production, procurement, and logistics teams to understand supply constraints and capabilities.
  7. Develop supply plans that balance inventory levels, production capacities, and lead times to meet demand requirements efficiently.
  8. Monitor supplier performance and supply chain risks, proactively identifying and addressing potential disruptions.
  9. Inventory Management:
  10. Optimize inventory levels across the supply chain network to minimize holding costs while ensuring product availability.
  11. Implement inventory strategies such as safety stock levels, reorder points, and replenishment policies to support business objectives.
  12. Cross-Functional Collaboration:
  13. Foster strong relationships with stakeholders across departments, including sales, marketing, finance, and operations.
  14. Lead collaborative demand and supply planning meetings to align on forecasts, inventory targets, and production schedules.
  15. Continuous Improvement:
  16. Identify opportunities to streamline processes, enhance forecasting accuracy, and improve supply chain efficiency.
  17. Implement best practices and leverage technology solutions to automate repetitive tasks and improve data accuracy.
  18. Monitor KPIs related to demand forecasting, supply planning, and inventory management, driving continuous improvement initiatives.

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