Forecast Analyst

Posted Yesterday
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Long Grove, IL, USA
In-Office
80K-90K Annually
Mid level
Logistics • Sales
The Role
Create and maintain monthly forecasts for finished goods using order/shipment history, POS data, and market intelligence. Manage forecast accuracy/bias metrics, run statistical forecasts in SAP IBP, support S&OP, produce POS and inventory reports, and communicate variances and action plans cross-functionally with sales, marketing, and sourcing.
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.

Benefits

  • MAT Holdings Inc. and its subsidiaries offer a complete benefits package that includes medical, dental, vision, and disability insurance after 60 days of employment
  • Paid Time Off (PTO), including paid vacation, sick days, and paid holidays
  • 401k Retirement Plan + Company Match
  • Career Advancement Program, training and development
  • Wellness Programs, including fitness reimbursements and mental health support
  • Health Savings Account (HSA) and Flexible Spending Accounts (FSA)
  • Voluntary Life / AD&D , Employer Provided Life/AD&D

Job Description

This role is responsible for supporting the Manager of Demand Planning in delivering accurate and on-time demand plans for the MATI and MIND Divisions of MAT Holdings.  MATI services the Home Improvement sector with various fencing and lawn & garden products.  MIND is a leading manufacturer of air compressors and air tools.  Both division’s products are sold primarily in Home Centers, Hardware, Mass Merchant, Farm, and Industrial distributor’s 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.

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.
  • Schedule, prepare documentation, and moderate bi-monthly revenue call with sales leadership
  • Run and maintain statistical forecasts in IBP. Analyze and articulate variances between statistical forecast, history, and customer forecast.
  • Develop, maintain, and report out weekly and monthly POS and inventory reports for key customers with sales leadership
  • Articulate and present POS, inventory levels, price points, store counts, and rate of sales observations to multiple levels within the organization

Qualifications

  • 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, causal modeling, and ML)
  • 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 PowerPoint) and prior ERP system experience such as SAP.
  • 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
  • 2-5 years of supply chain planning experience in S&OP, demand, and supply planning.
  • CPG and E-Commerce experience a plus.

 

The posted salary range for this position is $80,000 to $90,000 annually, including bonus. Final compensation will be determined based on the candidate's skills, experience, and qualifications.

Additional Information

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

Skills Required

  • Process large amounts of data and communicate at various organizational levels
  • Experience using and interacting with demand planning systems
  • Experience with forecasting methodologies (time series, causal modeling, ML)
  • Experience running and maintaining statistical forecasts in SAP IBP
  • Advanced Microsoft Excel and PowerPoint skills
  • Prior ERP system experience such as SAP
  • Excellent analytical and problem-solving skills
  • Excellent verbal, written, and interpersonal communication skills
  • Undergraduate degree in operations management, supply chain, engineering, statistics, or related field
  • 2-5 years supply chain planning experience in S&OP, demand, and supply planning
  • Certifications like Google Data Analytics or Six Sigma
  • CPG and e-commerce experience

MAT Holdings, Inc Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about MAT Holdings, Inc and has not been reviewed or approved by MAT Holdings, Inc.

  • Wellbeing & Lifestyle Benefits Wellness programs and access to employee assistance/mental health resources are available. Some hourly roles also feature weekly pay, overtime eligibility, shift premiums, and occasional sign-on bonuses.
  • Strong & Reliable Incentives Annual and referral bonuses are available, and certain roles note weekly pay, overtime, shift premiums, and occasional sign-on bonuses.

MAT Holdings, Inc Insights

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The Company
HQ: Long Grove, IL
602 Employees
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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