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Job Details

Statistical Forecast Analyst (146112)

GA - Atlanta Corporate

  • Date Posted: Jan 14, 2021
  • Company: HOME DEPOT PRODUCT AUTHORITY
  • Travel: None
  • Functional Area: Logistics/Supply Chain/Import
  • Position Type: Full Time
  • Relocation Provided: No



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Position Description:
POSITION PURPOSE
The Statistical Forecast Analyst position is responsible for the development of The Home Depot sales forecast at the Store/SKU level. With input from the appropriate Replenishment Analysts, they establish Store/SKU clustering, Seasonal selling profiles and exception reporting criteria for their assigned product categories. They will make appropriate adjustments as dictated by forecast accuracy. The Statistical Forecast Analyst will work collaboratively with the Replenishment Analysts in reviewing and resolving forecast exceptions and ensuring the business strategies are appropriately implemented and maintained in the system. They will be required to interpret data based on specific statistical criteria and to synthesize the findings from the analysis. The Statistical Forecast Analyst will participate in strategic process improvements initiatives by analyzing business processes, procedures and monitoring the progress.
MAJOR TASKS, RESPONSIBILITIES AND KEY ACCOUNTABILITIES
60% Develop statistical forecast models by SKU/Store groups, establish parameters for Forecast exception reporting and make appropriate revisions as indicated from the exception reporting. Track forecast accuracy at various product and store hierarchy levels. Identify and mitigate sources of forecast variance through collaboration with Inventory Analysts and Upper Management.
10% Establish business rules for shaping customer demand in collaboration with functional partners regarding product seasonality, product knowledge and Merchandising strategies. Ensure forecast models are adjusted for changing business strategies and product assortments.
10% Share insights, challenge assumptions and identify drivers of forecast variance with appropriate Replenishment analysts and Management. The associate will provide formal training and on-going mentoring for the Replenishment Analysts.
10% The individual must perform other tasks regarding forecasts and sales analysis as deemed appropriate by the Manager.
10% Analyze, identify and implement opportunities for improvements to the forecasting process. Contributes significant participation in cross functional projects by developing timelines and coordinating teams across each area, ensuring on time delivery of goals and requirements.
NATURE AND SCOPE
Position generally reports to a Manager or Sr. Manager
Responsible for helping others and providing on-the-job training or guidance
ENVIRONMENTAL JOB REQUIREMENTS
Environment:
Located in a comfortable indoor area. Any unpleasant condition
Travel:
Typically requires overnight travel less than 10% of the time.
Additional Environmental Job Requirements:


ESSENTIAL SKILLS:
MINIMUM QUALIFICATIONS
Must be eighteen years of age or older.
Must be legally permitted to work in the United States.
Additional Minimum Qualifications:
Strong analytical and statistical skills. Must be familiar with and comfortable with methods for organizing
Education Required: The knowledge, skills and abilities typically acquired through the completion of a bachelor's degree program or equivalent degree in a field of study related to the job.

Years of Relevant Work Experience: 1 years
Physical Requirements:
Frequent periods are spent standing or sitting in the same location with some opportunity to move about; occasionally there may be a need to stoop or lift light objects (typically less than 8 pounds). Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.
Additional Qualifications:

Preferred Qualifications:

Knowledge, Skills, Abilities and Competencies:Critical thinking skills to identify the strengths and weaknesses of alternative solutions; ability to understand and foresee implications of new information for current and future problem solving.
Solid understanding and use of statistical software to manipulate, analyze and interpret data.
Proficient in business process evaluation and procedure development; demonstrates a thorough knowledge of all tools, processes, methodologies and standards for requirements gathering, documentation and analysis.
Strong written and verbal communications skills. Ability to persuade or influence others.
Strong self starter with ability to work with little supervision


We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.