Senior Pharmaceutical Forecasting Specialist

2 days ago


Hyderabad, Telangana, India Alp Consulting Ltd. Full time
Job Overview

We are seeking an experienced and detail-oriented Pharma Forecasting Analyst/Manager to join our team in the pharmaceutical industry.

The ideal candidate will be responsible for providing accurate, data-driven forecasts for our pharmaceutical product portfolio, ensuring that the right products are available at the right time to meet market demand while minimizing overstock and stockouts.

Key Responsibilities:
  • Demand Forecasting
    • Develop, maintain, and improve demand forecasts for pharmaceutical products based on historical sales data, market trends, and other relevant factors.
    • Utilize statistical models and forecasting software to create short- and long-term demand plans.
    • Review and update forecasts regularly, ensuring alignment with sales and marketing strategies.
  • Data Analysis
    • Analyze historical sales data, market intelligence, and epidemiological trends to derive insights for forecasting accuracy.
    • Identify and mitigate forecasting risks through sensitivity analysis and scenario planning.
  • Collaboration and Communication
    • Work closely with cross-functional teams (sales, marketing, supply chain, and production) to gather input and ensure the forecast aligns with business goals.
    • Communicate forecast assumptions, changes, and potential impacts on the supply chain to key stakeholders.
  • Sales and Market Insights
    • Gather insights from the commercial and sales teams to incorporate marketing strategies, new product launches, and competitor activities into the forecast.
    • Incorporate seasonal variations, tender cycles, and pricing strategies into demand planning.
  • Process Improvement
    • Continuously improve forecasting processes, methodologies, and tools to increase forecasting accuracy and reduce inventory costs.
    • Participate in the implementation of advanced forecasting software/tools, if applicable.
  • Performance Tracking
    • Track forecast performance and report on forecast accuracy, identifying reasons for deviations and implementing corrective actions when necessary.

As a Senior Pharmaceutical Forecasting Specialist, you can expect a salary range of $120,000 - $160,000 per year, depending on location and experience.

Benefits include comprehensive health insurance, retirement savings plan, and generous paid time off. Join Alp Consulting Ltd. in creating a more accurate and efficient pharmaceutical supply chain.



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