Demand Forecasting Analyst (Inventory Modelling & Simulation)
Demand Forecasting Analyst (Inventory Modelling & Simulation)

Demand Forecasting Analyst (Inventory Modelling & Simulation)

Bristol Full-Time 36000 - 60000 £ / year (est.) No home office possible
T

At a Glance

  • Tasks: Join us as a Demand Forecasting Analyst, optimising supply chain models and analysing data daily.
  • Company: Boeing Defence UK is a leader in aerospace, committed to innovation and diversity.
  • Benefits: Enjoy competitive salary, flexible work options, generous leave, and comprehensive health plans.
  • Why this job: Make a real impact in a collaborative environment while developing your skills in a global company.
  • Qualifications: 3+ years in supply chain roles, advanced Excel skills, and a degree in a related field preferred.
  • Other info: This role requires UK legal work authorization and security clearance.

The predicted salary is between 36000 - 60000 £ per year.

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.
  • Use 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.
  • 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.

Security Clearance and Eligibility:

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

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.

Demand Forecasting Analyst (Inventory Modelling & Simulation) employer: The Boeing Company

Boeing Defence UK offers a dynamic and inclusive work environment where employees are empowered to make a meaningful impact through innovative supply chain solutions. With a strong focus on continuous learning and personal development, the company provides competitive benefits including generous leave options, a robust pension plan, and comprehensive health coverage, all while fostering collaboration across diverse teams in the heart of the UK. Join us to be part of a forward-thinking organisation that values your contributions and supports your career growth.
T

Contact Detail:

The Boeing Company Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Demand Forecasting Analyst (Inventory Modelling & Simulation)

✨Tip Number 1

Familiarise yourself with the specific inventory management tools and ERP systems mentioned in the job description, particularly SAP. Having a solid understanding of these systems will not only help you during the interview but also demonstrate your commitment to the role.

✨Tip Number 2

Brush up on your advanced Excel skills, especially with macros, pivot tables, and logic statements. Being able to showcase your proficiency in handling large data sets will set you apart from other candidates.

✨Tip Number 3

Prepare to discuss your experience with demand forecasting and how you've used data analysis to drive decision-making in previous roles. Be ready to provide specific examples that highlight your problem-solving abilities and attention to detail.

✨Tip Number 4

Since communication and collaboration are key aspects of this role, think of instances where you've successfully worked with cross-functional teams. Be prepared to share these experiences to demonstrate your team-oriented mindset.

We think you need these skills to ace Demand Forecasting Analyst (Inventory Modelling & Simulation)

Demand Forecasting
Inventory Management
Data Analysis
Statistical Skills
Advanced Excel Skills
Supply Chain Analytics
ERP/MRP Systems Knowledge
Problem-Solving Skills
Attention to Detail
Communication Skills
Collaboration Skills
Presentation Skills
SQL Knowledge
Process Improvement
Project Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in supply chain roles, particularly focusing on demand forecasting and inventory management. Use specific examples that demonstrate your skills in data analysis and collaboration with cross-functional teams.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role at Boeing Defence UK. Mention how your background aligns with their needs, particularly your experience with ERP systems like SAP and advanced Excel skills. Be sure to convey your problem-solving abilities and attention to detail.

Highlight Relevant Skills: When filling out your application, emphasise your advanced numeracy and statistical skills. Include any experience with Business Intelligence tools like Tableau or SQL, as these are desirable skills for the position.

Prepare for Potential Questions: Think about how you would answer questions related to your experience with demand forecasting and inventory modelling. Be ready to discuss specific projects where you identified trends or improved processes, as this will showcase your analytical capabilities.

How to prepare for a job interview at The Boeing Company

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a Demand Forecasting Analyst. Familiarise yourself with supply chain analytics, inventory management tools, and the specific forecasting models mentioned in the job description.

✨Showcase Your Technical Skills

Highlight your advanced Excel skills and any experience with ERP systems like SAP. Be prepared to discuss how you've used these tools in past roles to manage data sets and improve forecasting accuracy.

✨Prepare for Data Analysis Questions

Expect questions that assess your ability to analyse data and identify trends. Brush up on your statistical skills and be ready to provide examples of how you've used data analysis to support decision-making in previous positions.

✨Demonstrate Collaboration Skills

Since communication and collaboration are key for this role, prepare examples of how you've worked with cross-functional teams in the past. Emphasise your ability to align demand plans with business requirements and support customer negotiations.

Demand Forecasting Analyst (Inventory Modelling & Simulation)
The Boeing Company
T
  • Demand Forecasting Analyst (Inventory Modelling & Simulation)

    Bristol
    Full-Time
    36000 - 60000 £ / year (est.)

    Application deadline: 2027-06-19

  • T

    The Boeing Company

Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>