Demand Forecast Analyst

Demand Forecast Analyst

Kegworth Full-Time 25000 - 29000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage SKU forecasts and create purchase order requirements using Excel.
  • Company: Join a leading apparel business with a dynamic team.
  • Benefits: Earn £30,000 to £35,000, enjoy 25 leave days, and hybrid working options.
  • Why this job: Be part of a role that impacts supply chain efficiency and customer satisfaction.
  • Qualifications: Tertiary qualification preferred; demand planning experience and strong Excel skills required.
  • Other info: Flexi-work options available for a better work-life balance.

The predicted salary is between 25000 - 29000 £ per year.

Alexander Steele has partnered with a leading apparel business that has an exciting opportunity for a Demand Forecasting Analyst to manage and generate SKU forecasts and create purchase order requirements using standardised methodology and Excel format.

On Offer:

  • £30,000 to £35,000 + Benefits
  • 25 leave days + 8 bank holidays
  • Hybrid remote working options (3 days in the office)
  • Flexi-work options

Key responsibilities include:

  • Establish and maintain customer demand forecasts at agreed frequency
  • Maintain a rolling 18-month customer unconstrained demand & stock forecast
  • Maintain agreed level of buffer stockholding to cope with variability in customer demand patterns and any supply chain slippage.
  • Model initial stock holding requirements for a new range, wearer trial or rollouts
  • Supply KPI data and or reporting as required to help support the management and commercial agreements of the customers.
  • Determine shipment modes, balancing the need to maximise product availability, within the constraints of the commercial agreement and the objective of maximising container utilisation

Experience and skills required:

  • A relevant tertiary qualification will be advantageous
  • Demand Planning and Forecasting experience
  • Intermediate to advanced Excel skills with experience using V lookups, creating basic formula and graphs and formatting.
  • Ability to decipher and explain numerical data / graphs and trends, pulling out the relevant information for the audience.
  • Fundamental understanding of dependencies around forecasting as well as good knowledge and experience of demand forecasting, MRP, MPS processes and systems
  • Good interpersonal skills and the ability to communicate effectively across all levels

Demand Forecast Analyst employer: Alexander Steele

Join a dynamic and innovative apparel business that values its employees and fosters a collaborative work culture. With competitive salaries, generous leave entitlements, and flexible working arrangements, this company prioritises employee well-being and growth. As a Demand Forecast Analyst, you will have the opportunity to develop your skills in a supportive environment while contributing to exciting projects that shape the future of the fashion industry.
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Contact Detail:

Alexander Steele Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Demand Forecast Analyst

✨Tip Number 1

Familiarise yourself with the latest trends in demand forecasting and supply chain management. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.

✨Tip Number 2

Brush up on your Excel skills, especially VLOOKUPs and data visualisation techniques. Being able to demonstrate your proficiency in Excel during discussions can set you apart from other candidates.

✨Tip Number 3

Network with professionals in the apparel industry or those already working in demand forecasting roles. They can provide insights into the company culture and expectations, which can be invaluable during your application process.

✨Tip Number 4

Prepare to discuss specific examples of how you've successfully managed forecasts or handled variability in demand in previous roles. Real-life scenarios can showcase your problem-solving skills and experience effectively.

We think you need these skills to ace Demand Forecast Analyst

Demand Planning
Forecasting Techniques
Excel Proficiency
VLOOKUP Functions
Data Analysis
Numerical Interpretation
Graph Creation and Formatting
Supply Chain Management
Buffer Stock Management
Interpersonal Skills
Effective Communication
MRP (Material Requirements Planning)
MPS (Master Production Schedule)
Trend Analysis
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in demand planning and forecasting. Emphasise your intermediate to advanced Excel skills, particularly with V lookups and data analysis.

Craft a Compelling Cover Letter: In your cover letter, explain why you're passionate about demand forecasting and how your skills align with the responsibilities listed in the job description. Mention specific examples of how you've successfully managed forecasts or stock levels in previous roles.

Showcase Your Analytical Skills: Provide examples in your application that demonstrate your ability to decipher numerical data and trends. Highlight any experience you have with reporting and KPI data that supports management decisions.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a role that involves managing forecasts and stock levels.

How to prepare for a job interview at Alexander Steele

✨Showcase Your Excel Skills

Since the role requires intermediate to advanced Excel skills, be prepared to discuss your experience with V lookups, formulas, and graph creation. You might even want to bring examples of your work or be ready for a practical test.

✨Understand Demand Forecasting Fundamentals

Make sure you have a solid grasp of demand forecasting principles, MRP, and MPS processes. Be ready to explain how these concepts apply to real-world scenarios, as this will demonstrate your expertise in the field.

✨Prepare for Data Interpretation Questions

Expect questions that assess your ability to decipher numerical data and trends. Practice explaining complex data in simple terms, as this will show your communication skills and your ability to tailor information for different audiences.

✨Demonstrate Interpersonal Skills

This role requires effective communication across all levels. Think of examples from your past experiences where you successfully collaborated with others or resolved conflicts, as this will highlight your interpersonal abilities.

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