Sr Forecast Analyst 1 Year Contract

Are you someone who thrives on helping others succeed, enjoys making an impact, and takes pride in guiding customers to the right solutions for their projects? If you’re also naturally curious and eager to keep learning, consider starting or growing your career with us at The Home Depot.
Position Overview:
The Senior Forecast Analyst has responsibility for the analysis and maintenance of the system sales forecast which is a key input into organizational planning processes. The analyst should have advanced knowledge of retail forecasting and experience with SAP forecasting systems or
other "best in class" platforms. The analysts will be responsible for achieving forecast
completeness and data integrity targets and alignment of the corporate S&OP process. The
analyst will liaise with cross functional partners to determine sales forecasts for new articles
and events. The analyst will also maintain F&R system parameters that drive the automated
forecasting and replenishment system. The analyst will be responsible for directing workflow for and assisting development of the replenishment analysts in their category and thus will hold shared responsibility for their team’s instock, inventory turns targets and lead their 360 team on projects & initiatives that drive sales
Key Responsibilities:
Inventory Management
Maintain ultimate responsibility for the Forecasting & Replenishment system for all products within assigned categories.
Load sku-store level sales forecasts into SAP following for new products based on established reset processes
Manage forecasts for existing tools and communicate changes to cross-functional partners
Provide key reporting to Inventory Management, Merchandising, Logistics and Senior
Management, finance, regional leaders
Review & analyze historical data and trends to forecast the demand of import and
domestic goods held at the Store/Distribution Centres/online
Utilize full suite of system forecasting tools in achieving high forecast accuracy
Plan and execute exit strategy of discontinued articles
Lead and influence demand planning strategies in order to maximize vendor fill rates, minimize loss of sales, and minimize inventory redistribution due to forecast error and decrease forecast variances which negatively impact downstream supply chain planning.
Analyse and maintain additional replenishment parameters such as location minimums, time dependant presentation stock, target range of coverage, optimization horizon, etc.
Project Management
Monitor recent sales performance and adjust forward forecasts at appropriate time
horizons.
Track Key supply chain and financial Performance Indicators on a weekly, monthly quarterly and annual basis,
including store/DC.
Sign-off with merchants and finance on determining appropriate and achievable financial plans (sales & inventory) based on their knowledge aof business in store/DC/online
Manage the Store and DC forecast parameters, replenishment parameters, and
forecast exceptions.
Conduct inventory review and analysis to support product line reviews and present impact of assortment change from an inventory standpoint
Liaise with merchants and finance on channel and sourcing changes
Identifying potential demand fluctuations and supply chain risks and develop mediation plans
Partnering
Act as primary forecasting contact for merchants in the categories that the analyst oversees and provide supply chain expertise to the entire 360 team
Communicate product status and updates to stores and DC in a timely manner.
Lead as necessary during emergencies and natural disasters with their replenishment analysts and accountable for the team’s response times
Liaise with Merchants to ensure execution of category S&OP processes (forecast
validation).
Work closely with Merchants and Senior Management to achieve company
objectives.
Provide vendors/suppliers visibility to future order forecasts and planned purchases
Identify process improvement opportunities and recommend solutions.
Provide SAP Super user expertise. Identify high, medium, and low sellers and update forecasting & replenishment parameters accordingly.
Collaborates with merchants and vendor on promo forecast alignment
Ability to present and defend forecasts and influence stakeholders in the development of the collaborative forecast
Team Leadership
Coach, mentor, develop and direct workflow of replenishment analysts in their categories
Ability to carry out full suite of replenishment analyst responsibilities in case of absences or to support in critical initiatives
Review and share information with the replenishment team to support the accurate and timely replenishment of inventory for new and existing items in the assortment
Able to act as back up for manager in case of absences or if manager is unavailable
Competencies:
Collaborates
Action oriented
Customer Focus
Drives results
Communicates effectively
Decision Quality
Plans and Aligns
Ensures accountability
Develops talent
Skills:
Advanced Excel skills
Exposure to demand planning softwares
Strong Analytical, influential, interpersonal skills
Organization skills
Problem solving and critical thinking skills
Data analysis
Project and change management
Managing complexity in a large network, understanding the impact of the up and downstream actors
Execution and results focused, strategic and dynamic thinker
Excellent communication skills; collaborative with effective interpersonal skills; able to work across department
Ability to manage time effectively, prioritize tasks, and pay close attention to detail
Strong customer focus with business acumen, problem solving skills and results orientated