Forecasting Analyst

Hana group - Bentonville
new offer (11/05/2024)

job description

Job Description
The Forecasting Analyst is a key member of the sales and operations team, responsible for analyzing sales trends, historical data, and client insights to develop accurate sales forecasts and optimize product assortments at the kiosk level. Utilizing Adoria and other analytical tools, the Forecasting Analyst will ensure each kiosk is prepared to meet daily sales demands with an efficient product mix, minimizing waste and maximizing sales. This role involves close collaboration with clients to adjust forecasts for special events and marketing campaigns, and continuous improvement of forecasting models based on actual sales outcomes and feedback.
Key Responsibilities:
Develop and maintain advanced forecasting models using sales trends, historical data, and input from clients to predict daily sales at each kiosk.
Collaborate with clients to incorporate key events, promotions, and marketing campaigns into sales forecasts.
Analyze product performance, waste levels, and customer preferences to recommend adjustments to product assortments, ensuring each kiosk meets its sales potential with minimal waste.
Use Adoria software to update and manage product assortments, ensuring accurate and efficient production planning at the kiosk level.
Regularly review and adjust forecasts based on actual sales outcomes, seasonal variations, and market trends to continually improve accuracy and efficiency.
Work closely with the National Sales Director to develop sales targets and strategies that align with company goals and market opportunities.
Prepare and present detailed reports and analyses on sales forecasts, actual sales performance, and assortment optimization efforts to senior management and clients.
Serve as the primary point of contact for sales and operations teams for all matters related to sales forecasting and product assortment planning.
Stay abreast of industry trends, technological advancements, and best practices in forecasting and inventory management to drive continuous improvement.

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Forecasting Analyst

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