Primary Job Functions

This section describes the primary /essential responsibilities that this job performs.

Analyze, update and monitor the forecast for accuracy using a statistical forecast system and communicate changes to appropriate departments. Forecast complex groups with the possibility of multiple product lines.  Evaluate and monitor future orders versus forecast; make necessary forecast changes when needed.  Create and maintain product journals.  Responsible for an above average amount of forecast dollars and/or records.  Independently make decisions to change and update forecast and derived ratios comparing future forecast to actual history, percent of increase or decrease of demand, following standard operating procedures and established guidelines. Identify out-of-the-norm conditions on any product and communicate to management; make recommendations for solution. Evaluate inventory and the reliability of supply chain flow for approval of Ad Notice, promotional requests and customer projections to ensure customer satisfaction and product availability.  Enter additional demand into statistical forecast system; closely monitor current and future inventory levels.  Provide direction for expediting orders when necessary and ensure proper inventory levels are available. Identify planned drop items and/or groups; evaluate and make recommendation for best time frame for drop based upon remaining finished goods inventory, raw material inventory on hand and/or at vendor locations.  Negotiate with Production, Purchasing and/or vendor regarding the final run dates and providing direction for expediting, deferring and/or cancelling orders when necessary and ensure proper inventory levels are available.  Recommend excess inventory items to be added to the Hot Buys (could include current product); develop a plan and make recommendations for closing out remaining inventory; identify when a discontinued item should be coded as a liquidation item. Review inventory reports and make requests and recommendations to improve inventory levels; review selling ratios for balancing sets. Provide direction for expediting, deferring or cancelling orders for makes, buys or transfers, when necessary and ensure proper inventory levels are available. Contribute to the planning of long- and short-term business objectives; actively participate in product review meetings, Sales & Operations Planning (S & OP) meetings as required.  Positively and professionally represent the company when handling complaints and resolving issues when product is in limited supply, customer orders are delayed or product is in excess. Update forecasting system for first availability dates on new product and/or product with availability issues. Create and maintain debit memos as needed for rework, liquidation, scrap and exportation. Monitor production capacity versus demand and on-time delivery utilizing various reports. Facilitate training for new departmental employees as well as others within the company that may need training; serve as a mentor to new employees in the department. Demonstrate the Company’s Core and Growth Values in the performance of all job functions.