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Associate Forecasting Analyst Jobs in Washington

... data, analytics, and innovative technology to deliver transformative solutions and business ... We consider our associates our most valuable assets. Please apply for full consideration. The ...

Associate Program Financial Analyst Department: Business Strategy Employment Type: Full Time ... The individual will be responsible for control functions including planning, tracking, forecasting ...

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The Analyst leverages skills in accounting, financial analysis, reporting, forecasting, and ... Participate in the budgeting, forecasting, and strategic planning process for all segments ...

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Associate Forecasting Analyst information

What does an associate forecasting analyst do?

An Associate Forecasting Analyst is responsible for collecting and analyzing data to predict future trends in areas such as sales, inventory, or customer demand. They work closely with senior analysts and other departments to develop models that support business planning and decision-making. Their tasks often include preparing reports, maintaining forecasting tools, and making recommendations to improve accuracy and efficiency. The role typically requires strong analytical skills, attention to detail, and proficiency with statistical software.

What are some common challenges faced by associate forecasting analysts, and how can they effectively address them?

Associate Forecasting Analysts often encounter challenges such as managing incomplete or inconsistent data, adapting to rapidly changing market conditions, and balancing multiple projects with tight deadlines. To address these challenges, it's important to communicate proactively with cross-functional teams, leverage advanced analytical tools, and stay updated on industry trends. Developing strong collaboration skills and being detail-oriented can help ensure forecasts are both accurate and actionable, which is highly valued by employers.

What are the key skills and qualifications needed to thrive as an associate forecasting analyst, and why are they important?

To thrive as an Associate Forecasting Analyst, you need strong analytical skills, proficiency in statistics, and a bachelor's degree in finance, mathematics, economics, or a related field. Familiarity with forecasting software, Excel, SQL, and statistical tools like R or Python is typically required. Attention to detail, effective communication, and the ability to solve problems collaboratively are standout soft skills for this role. These competencies ensure accurate predictions, data-driven decision-making, and successful cross-functional teamwork in dynamic business environments.

What is the difference between Associate Forecasting Analyst vs Data Analyst?

AspectAssociate Forecasting AnalystData Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; some roles may prefer certifications in data analysis or forecastingBachelor's degree in statistics, mathematics, computer science, or related field; certifications like Microsoft Excel or SQL are common
Work EnvironmentFinancial or business analytics teams, often in corporate or consulting settingsData-focused teams across various industries, including finance, healthcare, and marketing
Employer & Industry UsageFinancial institutions, consulting firms, corporate finance departmentsVarious industries including finance, healthcare, marketing, and technology

The Associate Forecasting Analyst primarily focuses on developing financial and business forecasts using statistical models, while Data Analysts handle broader data collection, analysis, and reporting tasks. Both roles require strong analytical skills and familiarity with data tools, but the Forecasting Analyst specializes more in predictive modeling within finance or business contexts.

What are the most commonly searched types of Forecasting Analyst jobs in Washington?

The most popular types of Forecasting Analyst jobs in Washington are:

What are popular job titles related to Associate Forecasting Analyst jobs in Washington?

For Associate Forecasting Analyst jobs in Washington, the most frequently searched job titles are:

What job categories do people searching Associate Forecasting Analyst jobs in Washington look for?

The top searched job categories for Associate Forecasting Analyst jobs in Washington are:

What cities in Washington are hiring for Associate Forecasting Analyst jobs?

Cities in Washington with the most Associate Forecasting Analyst job openings:

Private Brands Forecast Analyst II

ViziRecruiter,LLC.

Hyattsville, MD • On-site

$72.88 - $109.32/hr

Other

Posted 2 days ago

New


Job description

Introduction

Ahold Delhaize USA, a division of global food retailer Ahold Delhaize, is part of the U.S. family of brands, which also includes five leading omnichannel grocery brands – Food Lion, Giant Food, The GIANT Company, Hannaford and Stop & Shop. Ahold Delhaize USA associates support the brands with a wide range of services, including Finance, Legal, Sustainability, Commercial, Digital and E-commerce, Technology and more.

Overview

ADUSA Procurement is a partner company to Ahold Delhaize USA, providing supply chain services that support the delivery of products from a supplier to the warehouse. ADUSA Procurement is part of the Ahold Delhaize USA family of brands, which also includes five leading omnichannel grocery brands - Food Lion, Giant Food, The GIANT Company, Hannaford and Stop & Shop.

Position Summary

This position will manage system demand forecasts and plan for all assigned products with up to 10,000 SKUs across all stores at item/warehouse/store/day combination using statistical-based forecasting tools. The demand forecast and plan will be integrated into different legacy systems to drive store and warehouse replenishment as well as support for vendor collaboration, display optimization, promotion optimization and promotional/events planning. Responsible for maintaining and managing forecast master data, seasonality, association of products to events and life cycle of the product line assigned.

This position will work closely with In Stock Analysts and Demand Systems Specialists to review sales trends and implement parameters to support seasonal / transitional strategies as well as advanced statistical forecast accuracy analysis to reduce system forecast error and avoid manual forecast adjustments. This position will understand the future variability that impacts product movement - from increasing efficiencies, impacting the greater network, troubleshooting root causes, and supporting procurement streams (diverting, forward buy, efficiency programs).

Our flexible/hybrid work schedule includes 3 in-person days at one of our core locations and 2 remote days.

Applicants must be currently authorized to work in the United States on a full-time basis.

Responsibilities
  • Responsible for ensuring Forecast & Replenishment (F&R) system forecast accuracy for assigned product line.
  • Use advanced statistical forecast accuracy analysis to reduce system errors and avoid manual forecast adjustments.
  • Resolve forecasting exceptions and perform daily root cause analysis of underlying issues to improve forecast accuracy for promotional and turn product.
  • Manage all Relex (F&R system) daily, weekly, monthly forecast workflows resulting in reduced systemic forecast error.
  • Partner with In Stock Analysts and Demand System Specialists to align on trends and strategies in support of forecast accuracy.
  • Provide a forecast to vendor partners (private brands team)
  • Complete sales correction trouble shooting and analyze where the effective corrected sales are coming from when necessary, i.e. which sales correction type is the effective one (stockout, campaign or manual correction).
  • Collaborate with Category teams on Ad promotions, special programs, and holidays.
  • Review Store and Distribution Center baseline forecasts and BIAS and troubleshoot any forecasts with low forecast accuracy or BIAS.
  • Review and, if necessary, update master data and/or parameters for Product that will be terminated.
  • Follow-up on and review the forecast for new store locations.
  • Additional job duties may be assigned as needed to meet the needs of the business and support our values
Requirements
  • Bachelor's Degree in Statistics, Mathematics or related business field or equivalent relevant work experience
  • 0-3 Years relevant experience
Skills and Abilities
  • Demand management practices
  • Intermediate to advanced Microsoft Excel and Access
  • Working knowledge of Supply Chain processes
  • Oral and written communication skills
  • Basic to intermediate Excel skills
  • Presentation skills
  • Experience applying and developing statistical forecasts and demand forecasting
  • Attention to detail
  • Team player and collaborator
  • Strong Mathematical and Statistical aptitude
  • Ability to analyze and decipher large amounts of data.
  • Ability to analyze complex problems and rule sets.
  • Strong critical thinker, autonomous decision-maker
  • Ability to determine root causes and implement solutions
  • Customer focus
  • Takes initiative, self-starter

ME/NC/PA/SC Salary Range: $63,440-$95,160

IL/MA/MD/NY Salary Range: $72,880 - $109,320

Actual compensation offered to a candidate may vary based on their unique qualifications and experience, internal equity, and market conditions. Final compensation decisions will be made in accordance with company policies and applicable laws.

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