Sample Job Description for Demand Forecasting & Modeling Analyst I
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Demand Forecasting & Modeling Analyst I Job Overview
Demand Forecasting & Modeling Analyst I Job Description Sample
Develops demand forecasts to support operational planning, inventory management, and business decision-making.
JOB LEVEL
P01
EDUCATION/DEGREE
Bachelor's Degree
REPORTS TO
Manager
Salary Range
BASE 50%
$74,800
TOTAL 50%
$77,900
Job Responsibilities for Demand Forecasting & Modeling Analyst I
Analyzes inventory levels, sales data, production metrics, and product demand trends to determine the amount of finished product to be produced. Identifies, evaluates, and determines the best metrics to provide accurate and responsive forecasting models and tools. Collaborates with sales, marketing, and supply chain teams to incorporate promotional activity, seasonality, and market intelligence into forecasts. Monitors forecast performance and forecast bias to identify gaps and recommend corrective actions. Prepares forecast reports and dashboards to communicate insights to stakeholders.
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| 4 | Demand Forecasting & Modeling Analyst II | The Demand Forecasting & Modeling Analyst II analyzes inventory levels, sales data, production metrics, and product demand trends to determine the amount of finished product to be produced. Develops demand forecasts to support operational planning, inventory management, and business decision-making. Being an Demand Forecasting & Modeling Analyst II collaborates with sales, marketing, and supply chain teams to incorporate promotional activity, seasonality, and market intelligence into forecasts. Identifies, evaluates, and determines the best metrics to provide accurate and responsive forecasting models and tools. In addition, Demand Forecasting & Modeling Analyst II monitors forecast performance and forecast bias to identify gaps and recommend corrective actions. Prepares forecast reports and dashboards to communicate insights to stakeholders. Requires a bachelor's degree. Typically reports to a manager. Being an Demand Forecasting & Modeling Analyst II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Working as an Demand Forecasting & Modeling Analyst II typically requires 2-4 years of related experience. |
| 5 | Demand Forecasting & Modeling Analyst III | The Demand Forecasting & Modeling Analyst III analyzes inventory levels, sales data, production metrics, and product demand trends to determine the amount of finished product to be produced. Develops demand forecasts to support operational planning, inventory management, and business decision-making. Being a Demand Forecasting & Modeling Analyst III collaborates with sales, marketing, and supply chain teams to incorporate promotional activity, seasonality, and market intelligence into forecasts. Identifies, evaluates, and determines the best metrics to provide accurate and responsive forecasting models and tools. In addition, Demand Forecasting & Modeling Analyst III monitors forecast performance and forecast bias to identify gaps and recommend corrective actions. Prepares forecast reports and dashboards to communicate insights to stakeholders. Requires a bachelor's degree. Typically reports to a manager. Being a Demand Forecasting & Modeling Analyst III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Working as a Demand Forecasting & Modeling Analyst III typically requires 4-7 years of related experience. |
Demand Forecasting & Modeling Analyst I Skills & Proficiency Level
| Skills | Proficiency Level |
|---|---|
| Predictive Analytics | Level 2 |
| Key Performance Indicators (KPI) | Level 2 |
| Financial Acumen | Level 1 |
