Business Development Forecasting and Decision Analyst I
1 month ago
Summary: The Forecasting Analyst will play a critical role in BIA Hyderabad. They will be responsible for developing accurate and robust forecasts and simulations across variousareas, including sales, sites, supply, demand, and other relevant domains. The Forecasting Analyst will be expected to utilize advanced forecasting techniques, statistical models,and simulation methodologies to provide actionable insights that drive strategic decision-making and optimize business performance across BMS.?
Roles and Responsibilities-
Partner with senior analysts to maintain comprehensive forecasting models and methodologies to project sales, site performance,supply, demand and other relevantfactors?
Collaborate with cross-functional teams to gather and analyze relevant data, market trends and historicalperformance?
Apply advanced statistical analysis techniques and time series/predictive modelling to identify trends/drivers influencingforecasts.?
Conduct scenario analyses and simulation studies to evaluate the potential impact of various factors, such as market dynamics,pricing strategies, supply chain disruptions, and regulatorychanges.?
Prepare and present forecast reports, dashboards, and presentations to communicate findings, insights and recommendations toteam members to align forecasts with business goals andstrategies.?
Stay up-to-date with industry trends, emerging methodologies and best practice forecasting andsimulation?
Collaborate with IT teams to optimize data infrastructure, enhance data collection, and leverage advanced analytics tools forforecasting and simulationpurposes
Skills & Competencies-
Strong analytical and problem-solving skills with an understanding of statistical forecasting techniques, time series analysis andpredictive modeling?
Familiarity with forecasting software and advanced forecasting methodologies?
Solid ability to present complex information to non-technical stakeholders in a clear manner?
Strong project management skills and the ability to work independently or as part of a team?
Strong attention to detail and ability to work with large datasets to ensure accuracy and reliability of forecasts?
Strong business acumen and the ability to translate forecast findings into actionable insights and recommendations
Experience-
We welcome individuals with ademonstrated track record in R&D lifesciences, biosciences, pharma, biotechor relateddisciplines.?
Proven experience (typically 1 to 3years) in a forecasting or demandplanning role, preferably within thebiopharma or pharmaceuticalindustry.?
Experience working with datavisualization tools & MSSuite?
Familiarity with the biopharma industry,including market dynamics, regulatoryrequirements, and supply chainconsiderations?
Certification or training in forecasting,demand planning, or related disciplinesis a plus.
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