Demand Forecasting Analyst (Inventory Modelling & Simulation)

The Boeing Company; Bristol; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a Demand Forecasting Analyst to enhance supply chain processes and forecasting accuracy. This role involves developing sophisticated models from supply planning and inventory data to support customer requirements. You will collaborate with various teams, analyze trends, and improve methodologies in demand forecasting. The company offers a comprehensive benefits package focused on employee well-being, including competitive salaries, learning opportunities, and generous leave policies. Join a forward-thinking organization dedicated to innovation and excellence in the aerospace sector.

Benefits

Competitive salary and annual incentive plans

Continuous learning opportunities

Excellent Adoption and Parental leave options

Pension Plan with up to 10% employer contribution

Company paid BUPA Medical Plan

100% pay for the first 26 weeks of sickness

66.67% of annual salary from 27th week of long-term sickness

6x annual salary life insurance

Learning Together Programme for personal development

Access to Well Being Programs

Qualifications

• 3+ years of experience in a Supply Chain role with strong analytical skills.
• Experience with inventory management tools and ERP systems.

Responsibilities

• Develop and maintain supply inventory models to support customer needs.
• Analyze data and trends to inform demand planning and forecasting.

Skills

Supply Chain Analytics

Data Analysis

Problem-Solving

Attention to Detail

Team Collaboration

Communication Skills

Numeracy Skills

Multi-tasking

Education

Bachelor's degree in business, logistics, supply chain management or similar

Tools

SAP

Microsoft Office

Excel

Business Intelligence Tools (e.g., Tableau)

SQL

Job description

Job Description

Role Overview

Boeing Defence UK (BDUK) is searching for a Demand Forecasting Analyst. The position will be responsible to UK Fixed Wing programmes for providing a forecasting model that takes in daily updates of supply planning and inventory data, then uses that data to resolve a strategic & tactical plan in order to support customer requirements.

The Demand Forecaster will be responsible for the accuracy of the forecast and the analysis of the data elements that go into the model. This position provides exposure to multiple different functions. Communication and collaboration with other functions will be key to setting up the model with the most accurate view of reality.

Responsibilities:

• Maintain outstanding supply chain analytic tools for purchasing, planning, master scheduling, SCOR (Supply Chain Operations Reference), and ERP/MRP systems. Uses models to estimate resource needs.
• Develop and maintain an optimized supply inventory model to support customer requirements.
• Collect, clean, verify accuracy, and analyze data.
• Identify and communicate demand usage trends across platform for correlation between region, supplier etc.
• Monitor data discrepancies and nuances between SAP and SPM.
• Responsible for updating pricing information in line with data feeds from Supply Chain functions.
• Identify potential financial risks by interpreting pricing data.
• Assist in the development and maintenance of the SI&OP (Sales, Inventory, Operations Planning) process for the fixed wing programmes. This involves gathering and analyzing data, preparing reports, and providing insights to support decision-making.
• Work with cross-functional teams to ensure demand plans align with business requirements.
• Collaborate with the operations and supply chain teams to ensure adequate supply of materials, components, and resources to meet the demand.
• Identify opportunities for process improvement in demand planning and forecasting methodologies.
• Identify and manage risks for modelling cycles.
• Work with large data sets in Excel. Build and manage data sets/modelling records.
• Support customer negotiations.
• Prepare presentations to communicate forecast results and insights to stakeholders.
• Support Proposal/Case Write up.
• Schedule and lead meetings.

Preferred Experience:

• 3+ years of experience within a Supply Chain role.
• 3+ years of experience with use of inventory management tools or Enterprise Resource Planning systems e.g. SAP.
• Experience working with Microsoft Office (Word, PowerPoint).
• Advanced Excel skills (ex: macros, arrays, pivot tables, logic statements, etc.).
• Highly developed numeracy, statistical and reporting skills.
• Strong attention to detail.
• Problem-solving ability.
• Ability to prioritize and multi-task.
• Team-oriented.
• The ability to work autonomously with only general direction.

Desirable Skills and Experience:

• 3+ Years of experience with asset management, demand forecasting, engineering, or simulation.
• Bachelor’s degree in business, logistics, supply chain management or similar is preferred.
• Business Intelligence Tool experience e.g. Tableau.
• Experience with basic SQL.

Becoming a Boeing Defence UK Employee

The Boeing benefits package goes above and beyond, focusing on your physical, emotional, financial and social well-being. Here’s a snapshot of what we offer:

• Competitive salary and annual incentive plans.
• Continuous learning - you’ll develop the approach and skills to navigate whatever comes next.
• Success as defined by you - we’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Excellent Adoption and Parental leave options.
• 23 days plus UK public holidays and a Winter Break between Christmas and New Year.
• Pension Plan with up to 10% employer contribution.
• Company paid BUPA Medical Plan.
• Short Term Sickness: 100% pay for the first 26 weeks.
• Long Term Sickness: 66.67% of annual salary from 27th week.
• 6x annual salary life insurance.
• Learning Together Programme to support your ongoing personal and career development.
• Access to Boeing’s Well Being Programs, tools and incentives.

Security Clearance and Eligibility

Important information regarding this role: This role is for a locally hired position in the UK and candidates must have current legal authorization to work immediately in the UK. Boeing will not attempt to obtain immigration and / or labour sponsorship for any applicants. Benefits and pay are determined at the local level and are not part of Boeing US based payroll.

Please note that this role will require you to undergo a security clearance check (Security Check [SC]; please view further information about this here).

Applications for this position will be accepted until Apr. 20, 2025.

Export Control Details: Non – US based job.

Relocation

Relocation assistance is not a negotiable benefit for this position.

Security Clearance

This position requires the ability to obtain United Kingdom Security Check.

Visa Sponsorship

Employer will not sponsor applicants for employment visa status.

Shift

Not a Shift Worker (United Kingdom).

Equal Opportunity Employer:

We are an equal opportunity employer. We do not accept unlawful discrimination in our recruitment or employment practices on any grounds including but not limited to; race, color, ethnicity, religion, national origin, gender, sexual orientation, gender identity, age, physical or mental disability, genetic factors, military and veteran status, or other characteristics covered by applicable law.

We have teams in more than 65 countries, and each person plays a role in helping us become one of the world’s most innovative, diverse and inclusive companies. We are a Disability Confident Committed employer and welcome applications from candidates with disabilities. Applicants are encouraged to share with our recruitment team any accommodations required during the recruitment process. Accommodations may include but are not limited to: conducting interviews in accessible locations that accommodate mobility needs, encouraging candidates to bring and use any existing assistive technology such as screen readers and offering flexible interview formats such as virtual or phone interviews.