Analyst, Demand Planning

3 weeks ago

Bengaluru, India Saks Fifth Avenue Full time

Job Description:

Analyst - Demand Planning, Saks OFF Fifth

Role Summary:
The Demand Planning Analyst is responsible for developing and maintaining accurate demand forecasts that drive business planning and ensure product availability. This role requires strong analytical skills, attention to detail, and cross-functional collaboration to align demand plans with organizational goals.

Responsibilities

  • Reporting & Analysis: Create accurate and timely reports for the assigned business area.
  • Forecasting & Replenishment: Collaborate with Planners and Buyers to manage replenishment inventory through accurate forecasting, ensuring in-stock goals are met.
  • Inventory Management: Apply concepts such as stock-store minimums/presentation minimums, maximums, safety-stock, review time, lead time, and store-to-store transfers to optimize inventory.
  • Stock Balancing: Maintain in-stock goals through effective product distribution; analyze sales history and trends to maximize sales potential with allocation strategies that maintain proper store inventory levels.
  • Business Performance Monitoring: Analyze and summarize category performance, monitoring sales, inventory, margin, and other factors impacting in-stocks and profitability.
  • Operational Ownership: Take end-to-end ownership of assigned categories,
  • including business and operational metrics.
  • Execute Strategies: Execute strategies to drive supply chain initiates to support alternative forms of fulfillment
  • Communication: Ensure timely and proactive communication with key stakeholders
     

Requirements:

  • Graduate/Postgraduate with 1–3 years of relevant work experience (retail industry and supply chain experience preferred).
  • Strong analytical, problem-solving, and data management skills with knowledge of forecasting and statistical concepts.
  • Advanced proficiency in Excel; working knowledge of other MS Office tools.
  • Strong planning and operational skills with attention to detail.
  • Effective communication skills and ability to collaborate across teams.
  • Highly motivated, results-driven, and committed to delivering high-quality work.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.



*The above expected salary range may have some variability based upon factors including, but not limited to, a candidate’s overall experience, qualifications, and geographic location. If you are interested in the role, we encourage you to apply and, if selected to move forward in the interview process, you will have a chance to speak with our recruitment team regarding your specific salary expectations.

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