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Forecasting Planning Analyst Jobs in Ohio (NOW HIRING)

Corix

Senior Financial Planning Analyst

Cleveland, OH · Hybrid

$111K - $124K/yr

Develop and maintain financial planning, forecasting, and valuation models -- including utility ... analyzing actual results against budget/forecast and explaining variances for internal and ...

Corix

Senior Financial Planning Analyst

Cleveland, OH · On-site

$100 - $125/hr

Develop and maintain financial planning, forecasting, and valuation models -- including utility ... analyzing actual results against budget/forecast and explaining variances for internal and ...

Ohio Gratings

Sr Financial & Planning Analyst

Canton, OH · On-site

$79K - $99K/yr

The Senior FP&A Analyst will work closely with the Vice President of FP&A and CFO to interpret ... Financial Planning & Forecasting · Support the preparation and development of annual operating ...

Ohio Gratings

Sr Financial & Planning Analyst

Canton, OH · On-site

$79K - $99K/yr

The Senior FP&A Analyst will work closely with the Vice President of FP&A and CFO to interpret ... Financial Planning & Forecasting • Support the preparation and development of annual operating ...

Lincoln Electric

Demand Planning Senior Analyst

Euclid, OH · On-site

$80 - $100/hr

... planning methodologies, statistical forecasting, and demand analytics, ensuring consistent ... Improve forecast accuracy and bias through structured methodologies, segmentation strategies, and ...

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Forecasting Planning Analyst information

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

AspectForecasting Planning AnalystData Analyst
Primary FocusForecasting, planning, and analyzing future business trendsData collection, analysis, and reporting to support decision-making
Skills & CertificationsExcel, statistical tools, forecasting models, possibly certifications like CBIPSQL, Excel, data visualization, certifications like CAP or Microsoft Data Analyst
Work EnvironmentFinance, supply chain, or operations teams within various industriesIT, marketing, finance, or operations teams across industries

The Forecasting Planning Analyst primarily focuses on predicting future trends and supporting strategic planning, often working closely with finance and operations teams. In contrast, Data Analysts concentrate on analyzing existing data sets to generate reports and insights. While both roles require analytical skills and familiarity with data tools, the Forecasting Planning Analyst emphasizes forecasting models and planning, whereas Data Analysts focus on data interpretation and visualization.

How to become a forecasting planning analyst?

To become a forecasting planning analyst, candidates typically need a bachelor's degree in fields such as finance, economics, or business. Developing skills in data analysis, forecasting methods, and tools like Excel, SQL, or specialized software is essential, along with experience in financial modeling or supply chain planning. Certifications like Certified Business Forecasting Professional (CBFP) can enhance prospects.

Is forecasting a good career?

Forecasting is a valuable career in fields like finance, supply chain, and business planning, involving analyzing data and predicting future trends. It requires skills in data analysis, statistical tools, and often proficiency in software like Excel or specialized forecasting software. The role offers opportunities for advancement and is essential for strategic decision-making in organizations.

What does a forecasting planning analyst do?

A forecasting planning analyst analyzes historical data and market trends to develop accurate forecasts for demand, sales, or inventory needs. They use statistical tools and software to create models that help organizations plan resources, production, and supply chain activities effectively.

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Forecasting Planning Analyst jobs near you

Demand and Operations Planning Analyst

Avtron Power Solutions, LLC

Cleveland, OH • On-site

$85K - $105K/yr

Full-time

Posted 14 days ago

Job description

COMPANY OVERVIEW:

 

Founded in 1953 Avtron has a long history of manufacturing market leading power test solutions. Now with a global footprint and sales into some of the largest industrial projects, Avtron will continue to push the envelope of what’s possible in the electrical test environment. Avtron Power Solutions manufacture and distribute market leading load bank solutions for mission critical applications. We have the largest portfolio in the industry and can meet the highest load testing standards with our intelligent SIGMA load bank control system.


 

POSITION SUMMARY:


The Demand and Operations Planning Analyst aligns operations with supply chain capabilities, and optimizes inventory. This role will support the Global Sales, Inventory, and Operations Planning (SIOP) process as well as all strategic and tactical supply chain metric reporting and analytical activities. Additional focus will be placed on monthly collaborative forecasting efforts between Supply Chain, Sales, and Operations. The Demand and Operations Planning Analyst will also support reporting and analysis of timely and accurate Supply Chain metric reporting using SAP, Excel, and other technology/software to ensure the effective management of procurement and inventory.


DUTIES AND RESPONSIBILITIES: 


Essential Functions:


  • Demand Forecasting: Build and update monthly statistical demand forecasts using past sales data, market trends, and customer resource management (CRM) opportunity funnel.
  • Operations Alignment: Partner with manufacturing and operational supply chain teams to assess production capacity and capability against forecasted demand.
  • SIOP Management: Support and prepare data for Sales, Inventory, and Operations Planning (SIOP) meetings.
  • Inventory Control: Monitor stock levels and reorder points in ERP systems, in collaboration with operational supply chain team members to avoid shortages or excess stock.
  • KPI Tracking: Measure forecast accuracy, inventory turns, and service levels.
  • Participate in monthly forecasting efforts between Supply Chain, Sales, and Operations.
  • Receive, analyze, and enter all customer submitted forecasts into demand planning process.
  • Support monthly SIOP data files and monthly meetings with cross functional teams.
  • Compare statistical forecast data with projected sales trends to highlight and correct imbalances in inventory positions.
  • Meet regularly with Operational SCM Team to drive inventory optimization.
  • Analysis to ensure data integrity related to system forecasts and customer submitted forecasts.
  • Participate in forecast improvement initiatives with sales, procurement, and operations
  • Assist in managing inventories in excess/obsolete status with emphasis in creating channels for movement.
  • Monitor department KPIs related to days inventory and excess/obsolete to drive metric results and meet operating objectives.
  • Monitors and measures the business unit’s supply chains overall performance with appropriate metrics that are published and reviewed on a timely basis.
  • Ensure the setup of SAP is accurate and the tools are usable and accurate for all SCM team members.
  • Work with Supply Chain stakeholders to develop adhoc reporting needs. Proficient in Data Mining.
  • Provide Training on software, including: excel, SAP, Power BI, and other software and technology To SCM. This role will become the Power BI subject matter expert (SME).
  • Report out on metrics to drive improvements including a cost tracking database and PPV and PPI reporting.
  • Develop simple and standardized tools in Excel, SAP, and Power BI to be used by all of SCM to be more efficient and accurate in managing spend (macros, auto release, pivot tables, etc.)
  • Develop, write, edit and maintain standard work for the department



EDUCATION, SKILLS AND EXPERIENCE: 


Education:

  • BA/BS in Business, Statistics, Industrial Engineering, or Supply Chain Management required

 

Skills

  • Ability to multi-task, handling quick turnaround
  • Ability to identify problem issues and escalate and/or execute acceptable solutions
  • Possess strong interpersonal skills and the ability to work with customers, suppliers and employees/managers at all levels within the company
  • Excellent organizational skills
  • Ability to maintain safe work environment


 

Experience

  • Minimum of 5-7 years’ progressive experience in SIOP and data analysis for SCM, operations, and/or finance; preferably experience with manufacturing operations
  • Understanding of Supply Chain Management best practices
  • Advanced user of SAP, Excel, power point and databases
  • Advanced analytical and presentations skills required
  • Experience in ERP systems, SAP desired

 


COMPUTER SKILLS:

  • Possesses strong computer skills with demonstrated proficiency in standard business software packages (e.g., Microsoft Office)