Sr Forecast Analyst

The Home Depot; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A leading company in retail is seeking a Senior Forecast Analyst to enhance their forecasting processes. The ideal candidate will collaborate with cross-functional teams, ensuring forecast accuracy and data integrity while managing inventory effectively. This role demands strong analytical skills and proficiency in SAP, alongside a degree in a related field. With opportunities for mentorship and a hybrid work environment, this position is ideal for results-driven individuals looking to make an impact in supply chain management.

Qualifications

• 3-5 years of analytical experience in retail, focusing on forecasting and inventory management.
• Experience with SAP or similar forecasting systems is an asset.

Responsibilities

• Maintain the Forecasting & Replenishment system for all products within assigned categories.
• Monitor sales performance and adjust forecasts accordingly.
• Coach and mentor junior analysts.

Skills

Analytical

Problem Solving

Collaboration

Project Management

Education

Degree in Business

Degree in Science

Degree in Engineering

Tools

SAP

MS Excel

PowerPoint

Tableau

Job description

Position Overview:

The Senior Forecast Analyst is responsible for analyzing and maintaining the system sales forecast, a key input into organizational planning processes. The ideal candidate should have advanced knowledge of retail forecasting and experience with SAP forecasting systems or other leading platforms. The analyst will ensure forecast accuracy, data integrity, and alignment with the corporate S&OP process, liaising with cross-functional partners to determine sales forecasts for new products and events. Additionally, they will maintain F&R system parameters that drive automated forecasting and replenishment systems.

Key Responsibilities:

1. Workday and Workforce Management: Maintain the Forecasting & Replenishment system for all products within assigned categories. Provide key reports to Inventory Management, Merchandising, Logistics, and Senior Management. Review historical data and trends to forecast demand for imported and domestic goods at stores and distribution centers.
2. Project Management: Monitor sales performance and adjust forecasts accordingly. Track KPIs weekly, monthly, quarterly, and annually, including store and DC performance. Manage forecast parameters and exceptions for stores and DCs.
3. Partnering: Communicate product status and updates promptly. Collaborate with Merchants to execute category S&OP processes. Maintain SAP forecasting and replenishment parameters. Identify and recommend process improvements. Serve as a SAP Super User, updating parameters based on sales data.
4. Team Leadership: Coach and mentor junior analysts. Share product flow knowledge with cross-functional teams. Resolve store and DC inquiries.

Competencies and Skills:

• Collaborative, action-oriented, results-driven, and capable of planning and aligning with team goals.
• Strong analytical, interpersonal, organizational, problem-solving, and critical thinking skills.
• Proficient in data analysis, project management, and change management. Ability to prioritize tasks effectively.

Reporting Structure and Travel:

• Reports to Manager or Senior Manager, Supply Chain.
• Limited travel required to stores, distribution centers, and vendors.

Physical and Work Environment:

• Extended sitting, repetitive tasks, hybrid work flexibility.
• Office setting with computer work, virtual meetings, and support calls.

Minimum Education and Experience:

• Degree in Business, Science, Engineering, or related supply chain field preferred.
• Experience with SAP or similar forecasting systems (retail or manufacturing) is an asset.
• 3-5 years of analytical experience in retail, focusing on forecasting and inventory management.

Leadership and Additional Assets:

• Excellent communication, collaboration, customer focus, and business acumen.
• Self-directed with problem-solving skills and flexibility.
• Experience with financial analysis, sales analysis, and maintaining retail forecasting models.
• Proficiency in MS Excel, PowerPoint, Tableau; bilingual in French and English is an asset.