Forecast Analyst

Posted Yesterday
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Long Grove, IL
61K-75K Annually
Entry level
Logistics • Sales
The Role
The Forecast Analyst will support the Manager of Demand Planning by developing accurate demand forecasts, analyzing data trends, and collaborating with various departments. Responsibilities include maintaining forecast accuracy metrics, running statistical forecasts, and presenting inventory and sales data to stakeholders.
Summary Generated by Built In

Company Description

Join our vertically integrated team at MAT Holdings, Inc., a leading global manufacturer with a 40-year history. We're proud to provide employment opportunities for more than 14,000 employees across 12 countries. Headquartered in Long Grove, Illinois, we have over 40 factories on three continents, including 2.1 million square feet of U.S. distribution and manufacturing space.

You will find our products in home improvement centers, big box retailers, hardware stores and automotive chains. They're in the cars you drive, the trailers you tow, and the heavy-duty machinery you operate.

MAT can maintain consistent expertise and solutions across the entire supply chain. We’re experts in engineering, manufacturing, quality assurance, logistics and distribution, marketing, design, and customer service — we don't just make it happen, we ensure it happens with excellence.

We’re more than manufacturing, we’re MAT.

Job Description

Job Summary

This role is responsible for supporting the Manager of Demand Planning in delivering accurate and on-time demand plans to support the MATI Division of MAT Holdings business needs. MATI services the Home Improvement sector with various fencing and lawn & garden products, primarily in the Home Center, Hardware, Mass Merchant, and Farm channels. This person will support the Manager of Demand Planning through the S&OP process while working cross-functionally with Sales, Marketing, Product Development, and Sourcing.


Compensation Range: $60,850 — $74,550

Principle Responsibilities 

  • Lead in developing and maintaining monthly forecasts for all finished goods parts using order and shipment history, customer point of sale data, market intelligence, and industry trends to inform the projected demand.
  • Work with sales, marketing, and product management to understand product life cycles, demand patterns, and short-, medium-, and long-term forecasts.
  • Develop and maintain monthly forecast accuracy and forecast bias metrics by customer, product family, and SKU.
  • Ensure proactive communication and delivery of targets for forecast accuracy and bias. Drive action plans for improvement in case of non-compliant KPIs.
  • Communicate and summarize forecast changes along with monthly performance and critical variances.
  • Run and maintain statistical forecasts in IBP. Analyze and articulate variances between statistical forecast, history, and customer forecast.
  • Develop and maintain weekly and monthly POS and inventory reports for key customers
  • Articulate and present POS, inventory levels, price points, store counts, and rate of sales observations to multiple levels within the organization

Qualifications

Competencies

  • Able to process large amounts of data, influence others, drive cross-functional alignment, and communicate at various levels within the organization.
  • Experience using and interacting with Demand Planning systems.
  • Experience with forecasting methodologies, techniques, and approaches (e.g., time series and causal modeling)
  • Must be well organized, self-motivated, focused on meeting deadlines, and able to multitask within a fast-paced environment.
  • Advanced MS Office skills (i.e., Excel and Access) and prior ERP system experience.
  • Excellent analytical and problem-solving skills.
  • Excellent verbal, written, and interpersonal skills
  • Demonstrate ability to work collaboratively across the organization to accomplish strategic objectives

Education/Experience:

  • Undergraduate degree in operations management, supply chain, engineering, statistics, or a related field. Certifications like Google Data Analytics or Six Sigma are also welcomed
  • 0-2 years of supply chain planning experience in S&OP, demand, and supply planning.

Additional Information

All your information will be kept confidential according to EEO guidelines.

Top Skills

MS Office
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The Company
HQ: Long Grove, IL
602 Employees
On-site Workplace
Year Founded: 1984

What We Do

MAT Holdings is a diversified, privately-held family company with a portfolio of companies that manufacture, market, and distribute quality products and trusted brands to the hardware and fencing, automotive, and power equipment industries. MAT Holdings Inc. was formed in 1984 as Midwest Air Technologies Inc. with its current headquarters located in Long Grove, IL. Today, the company has grown to include six subsidiary companies within the U.S. and twelve worldwide and employs roughly 13,000 people.

The company’s core businesses include the production, sales and service of products in the automotive, fencing and hardware and power equipment sectors. Customers include home improvement centers, mass and specialty retailers, hardware and farm co-ops, wholesale distributors, warehouse clubs, OEMs, OE suppliers and others.

MAT has operations on three continents including 2.1 million sq. ft. of strategically positioned warehousing and manufacturing space throughout the U.S.

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