Senior Statistical Forecast Analyst

The Home Depot•Atlanta, GA

19h•Onsite

About The Position

The Sr. 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 Sr. Statistical Forecast Analyst will work collaboratively with the Replenishment Analysts in reviewing and resolving the 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 Sr. Statistical Forecast Analyst will lead strategic process improvement initiatives by analyzing business processes, procedures and monitoring the progress. The Sr. Statistical Forecast Analyst will mentor and assist Statistical Forecast Analyst as necessary.

Requirements

Must be eighteen years of age or older.
Must be legally permitted to work in the United States.
Strong analytical and statistical skills.
Must be familiar with and comfortable with methods for organizing, handling and evaluating large amounts of data.
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.

Nice To Haves

Previous experience with demand forecasting or supply chain replenishment in an environment with high numbers of store/sku records.
Prior experience leading teams and/or managing projects.
Advanced computer skills to retrieve, manipulate, analyze and interpret large amounts of data.
Experience with MS Office Excel and Access.
Prior experience using Teradata DCM forecasting software, or a similar advanced demand forecasting tool.
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.
Masters Degree with an emphasis in Supply Chain Management or Economics.
No additional years of experience.
None

Responsibilities

Develop statistical forecast models by SKU/Store groups, establish parameters for exception reporting and make appropriate revisions as indicated from the Forecast 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.
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.
Share insights, challenge assumptions and identify drivers of forecast variance with appropriate Replenishment analysts and Management.
Provide formal training and on-going mentoring for the Replenishment Analysts.
Take a leadership role in driving the functionality and processes of the forecasting environment.
Analyze, identify and implement opportunities for improvements to the forecasting process.
Contribute significant participation in cross functional projects by developing timelines and coordinating teams across each area, ensuring on time delivery of goals and requirements.