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Forecast Analyst

Job Description:


DEMDACO is a gift and home décor company based in Leawood, KS. We strive to 'lift the spirit' with our customers, consumers and colleagues by partnering with artists representing a wide range of styles and mediums and whose work is consistent with our values - 'pursuing business the way it ought to be.' Products are curated through this filter then carefully reproduced by skilled craftspeople around the world. Under the DEMDACO brand, our product categories include Gifts, Home Décor, Entertaining, Fashion, Baby and Willow Tree. For more than 20 years, DEMDACO has strived to 'Lift the Spirit' in times of celebration, when comfort is needed, or just to put a smile on someone’s face.

We believe that business in not merely a financial endeavor, but first-and-foremost, a human endeavor. This philosophy guides our business decisions and informs how the company interacts with colleagues and customers and it leads our efforts in creating a dynamic workplace. https://www.demdaco.com

We are looking for an outstanding Forecast Analyst in our Leawood, Kansas headquarters office.

We are looking for a detail-oriented individual to join our team! You will analyze historical information for the purpose of developing statistically based forecast information for individual items within certain product lines. Develop forecasting models as required to analyze and produce forecast information, as well as participate in demand and inventory planning activities and develops proficiency in the use of the current tools being used by the Supply Chain Management department for forecasting and procurement.

Essential Duties and Responsibilities include the following: (additional duties may be assigned)

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Perform statistical analysis on historical product demand information to analyze and predict future demand.
  • Develop statistical models using means, standard deviation and trend lines to produce product demand profiles.
  • Present forecast information in a manner suitable for use by Forecasting, MRP processes and Marketing/Sales.
  • Develop proficiency in the use of the tools in use by the Supply Chain Management department for forecasting and inventory procurement.
  • Research and collect intuitive information required to forecast demand for product not having statistically significant demand history.
  • Take the actions required to facilitate the acquisition of inventory to meet demand on a timely basis.
  • Be a contributing member of the Supply Chain Management Team.
  • Lead the Monthly Demand Review meetings. Collaborate with Sales and Product Development partners to gather data needed to develop an accurate forecast.
  • Accountable for achieving annual Inventory Turn, Product Availability and Forecast Accuracy goals.


Experience and Skills:

The requirements listed below are representative of the knowledge, skill, and/or ability required.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Also, an individual must demonstrate an overall positive attitude and enthusiasm for the business philosophy, culture, and strategic direction that exists at DEMDACO. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education/Experience:

  • Four-year degree preferred or comparable experience.
  • Two or more years of practical experience in the area of inventory management, supply chain management, and forecasting. This qualification is preferred but is not required to be considered for the position.

Language Ability:

Ability to write procedures documentation for the department, routine reports and correspondence. Ability to speak effectively before groups of customers or employees of DEMDACO.

Math Ability:

Ability to work with mathematical concepts such as probability and statistical inference, and algebraic fundamentals. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

Computer Skills:

Competent with word processing software; spreadsheet software; internet software; and sales order processing/inventory/MRP/purchase order processing software and should have a good level of understanding of accounting systems.

Supervisory Responsibilities:

None

Work Environment:

Moderate noise level

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the employee is regularly required to sit; use hands to handle or feel; reach with hands and arms and talk or hear. The employee is occasionally required to stand; walk and stoop, kneel, or crouch. The employee may occasionally be required to lift up to 15 lbs.


Job Benefits:

Competitive based compensation program

Medical/Dental/Vision

401(k) with company match,

Time off includes PTO, plus 5 “Lift the Spirit” Days designed to assist with volunteer efforts and helping others

Annual Giving Day

Generous product discounts

Casual work atmosphere

On-site fitness center

Potential for annual bonus based on company performance

Costco membership

Company paid- short and long-term disability



From: DEMDACO

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CEO of DEMDACO
DEMDACO CEO photo
Demi Lloyd
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Our Mission. At DEMDACO, we strive to lift the spirit in consumers, in each other, and in our communities. Our Vision. We at DEMDACO believe every product creates a conversation. We hope to participate in the meaningful moments of people's lives....

11 jobs
FUNDING
TEAM SIZE
DATE POSTED
April 15, 2023

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