
Forecast Specialist
4 days ago
As a System Forecast Analyst, you will be responsible for the accuracy of forecasts produced by UDF systems.
Key areas include maintaining and optimising key inputs to forecast systems, e.g. Event parameters, seasonal profiles and historical sales cleansing; Statistical Algorithm tuning and selection.
- Improve Forecasting Models & Algorithms
- Determine forecast methodologies to accurately predict weekly and daily sales for all Big W products and stores
- Monitor performance/accuracy of forecasting system output - develop robust assessment methodologies and mechanisms to record and benchmark forecast performance against expected results
- Monitor & tune demand models and algorithms ensuring appropriate responsiveness to customer sales behavior both observed and anticipated
- Gather, extract and manipulate required information to form a fact base for the assessment and modeling of forecast decisions
- Review existing data & settings changes - model potential changes and identify/quantify improvements
- Determine specific abnormalities impacting accuracy and implement remedies in the system
- Assist Sales & Demand Planning Analysts in finding root cause of forecast inaccuracies by deciphering models to determine how the forecast has been generated
You will work closely with stakeholders to understand business requirements and provide informed recommendations on forecasting strategies.
Requirements- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- In-depth knowledge of forecasting methodologies and statistical algorithms
- Experience working with large datasets and developing predictive models
- Ability to translate technical concepts into simple language
- A global business with endless career possibilities around every corner and across every discipline
- Access to Sonder, providing confidential 24/7 support for team members and their families
- Progressive leave policy giving you more space for what matters to you
- Team discounts across Woolworths Group brands and a robust rewards program celebrating purpose-driven work
- Opportunity to salary sacrifice and purchase eligible items or services from pre-tax salary
We are a proud part of the Woolworths Group – 200,000+ bright minds, passionate hearts and unique perspectives working together connected by a shared Purpose – 'to create better experiences together for a better tomorrow.'
Here you'll be supported and empowered to explore new ideas, make brave commitments and innovate better ways to meet the food and everyday needs of more than 24 million customers every week.
Backed by a culture of genuine care, a flexible approach to work and the support to grow your career and make a meaningful impact, the possibilities for what we can achieve together are endless.
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