Sr. Forecast Analyst

Pay Range: $75,000 - $90,000
At The Home Depot Canada, we want you to feel valued and supported. The pay range you see represents base salary only. In addition, your total rewards may include: semi-annual bonuses tied to business performance;
Deferred Profit-SharingProgram to assist with retirement savings;
comprehensive paid benefits;
a 15% discount on Home Depot stock purchases;
and merit-based salary increases. We are committed to recognizing your efforts and supporting your growth with us.
Are you someone who thrives on helping others succeed, enjoys making an impact, and takes pride in guiding customers to the right solutions for their projects? If you’re also naturally curious and eager to keep learning, consider starting or growing your career with us at The Home Depot.Position OverviewThe Senior Forecast Analyst has responsibility for the analysis and maintenance of the system sales forecast which is a key input into organizational planning processes. The analyst should have advanced knowledge of retail forecasting and experience with SAP forecasting systems or other "best in class" platforms. The analysts will be responsible for achieving forecast completeness and data integrity targets and alignment of the corporate S&OP process. The analyst will liaise with cross functional partners to determine sales forecasts for new articles and events. The analyst will also maintain F&R system parameters that drive the automated forecasting and replenishment system. The analyst will be responsible for directing workflow for and assisting development of the replenishment analysts in their category and thus will hold shared responsibility for their team’s instock, inventory turns targets and lead their 360 team on projects & initiatives that drive sales.
Key ResponsibilitiesInventory Management
Maintain ultimate responsibility for the Forecasting & Replenishment system for all products within assigned categories.
Load sku-store level sales forecasts into SAP following established reset processes for new products.
Manage forecasts for existing tools and communicate changes to cross-functional partners.
Provide key reporting to Inventory Management, Merchandising, Logistics and Senior Management, finance, regional leaders.
Review & analyze historical data and trends to forecast the demand of import and domestic goods held at the Store/Distribution Centres/online.
Utilize full suite of system forecasting tools in achieving high forecast accuracy.
Plan and execute exit strategy of discontinued articles.
Lead and influence demand planning strategies to maximize vendor fill rates, minimize loss of sales, and reduce inventory redistribution due to forecast error and decrease forecast variances which negatively impact downstream supply chain planning.
Analyse and maintain additional replenishment parameters such as location minimums, time dependent presentation stock, target range of coverage, optimization horizon, etc.
Project Management
Monitor recent sales performance and adjust forward forecasts at appropriate time horizons.
Track Key supply chain and financial Performance Indicators on a weekly, monthly, quarterly and annual basis, including store/DC.
Sign‑off with merchants and finance on determining appropriate and achievable financial plans (sales & inventory) based on their knowledge of business in store/DC/online.
Manage the Store and DC forecast parameters, replenishment parameters, and forecast exceptions.
Conduct inventory review and analysis to support product line reviews and present impact of assortment change from an inventory standpoint.
Liaise with merchants and finance on channel and sourcing changes.
Identify potential demand fluctuations and supply chain risks and develop mediation plans.
Partnering
Act as primary forecasting contact for merchants in the categories that the analyst oversees and provide supply chain expertise to the entire 360 team.
Communicate product status and updates to stores and DC in a timely manner.
Lead as necessary during emergencies and natural disasters with replenishment analysts and be accountable for the team’s response times.
Liaise with Merchants to ensure execution of category S&OP processes (forecast validation).
Work closely with Merchants and Senior Management to achieve company objectives.
Provide vendors/suppliers visibility to future order forecasts and planned purchases.
Identify process improvement opportunities and recommend solutions.
Provide SAP Super user expertise. Identify high, medium, and low sellers and update forecasting & replenishment parameters accordingly.
Collaborate with merchants and vendor on promo forecast alignment.
Present and defend forecasts and influence stakeholders in the development of the collaborative forecast.
Team Leadership
Coach, mentor, develop and direct workflow of replenishment analysts in their categories.
Carry out full suite of replenishment analyst responsibilities in case of absences or to support critical initiatives.
Review and share information with the replenishment team to support the accurate and timely replenishment of inventory for new and existing items in the assortment.
Act as backup for manager in case of absences or if manager is unavailable.
Competencies
Collaborates
Action oriented
Customer Focus
Drives results
Communicates effectively
Decision Quality
Plans and Aligns
Ensures accountability
Develops talent
Skills
Advanced Excel skills
Exposure to demand planning softwares
Strong analytical, influential, interpersonal skills
Organization skills
Problem solving and critical thinking skills
Data analysis
Project and change management
Managing complexity in a large network, understanding the impact of the upstream and downstream actors
Execution and results focused, strategic and dynamic thinker
Excellent communication skills;
collaborative with effective interpersonal skills;
able to work across departments
Ability to manage time effectively, prioritize tasks, and pay close attention to detail
Strong customer focus with business acumen, problem solving skills and results oriented
Self‑directed, ability to work with limited supervision
Direct Manager/Direct Reports:
Reports to Manager or Sr Manager, Supply Chain
Travel Requirements
Limited (travel to stores, distribution centers and vendors as required)
Physical Requirements
Extended sitting
Repetitive tasks
Working Conditions
Working in an office setting: computer work, camera on virtual meetings, taking support calls
Minimum Education
University or College Degree in business or science/engineering or background in supply chain management considered a preferred qualification.
Experience with SAP or other best in class forecasting systems (Retail or Manufacturing) is an asset.
Minimum Years of Work Experience
3-5 years of analytical experience (ideally in a retail environment) with emphasis on forecasting and inventory management.
Minimum Leadership Experience
Excellent communication skills;
collaborative with effective interpersonal skills;
able to work across departments.
Strong customer focus with business acumen, problem solving skills and results oriented.
Self‑directed, ability to work with limited supervision.
Flexible attitude and approach to business solutions.
Demonstrated expertise in business analysis.
Certifications
None
Other Requirements/Assets
Experience with financial analysis and quantitative skills, including ability to produce and review sales analysis (turns, sales, gross margin, etc.) and other analytical techniques to assist in making key forecast and replenishment decisions.
Experience with maintaining retail forecasting models and achieving forecast completeness metrics.
Replenishment experience is considered an asset.
Advanced proficiency with MS Excel.
Strong analytical skills with the ability to extrapolate pertinent information from various sources (reports and spreadsheets) and analyze data for recommendations.
Ability to present data and information in both PowerPoint and Tableau is an asset.
Bilingual in French and English is an asset.
In our commitment to efficiency, consistency, and a fair hiring experience for all candidates, The Home Depot Canada uses
Artificial Intelligence (AI) technology to assist with the screening and assessment of applicants
for this position. This technology is used to quickly and consistently identify candidates whose skills and experience are the strongest match for the role. Our process is designed to ensure human oversight is maintained throughout the selection process.
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