Pharma Forecasting Expert
2 weeks ago
We are seeking a highly skilled Pharma Forecasting Analyst/Manager to join Alp Consulting Ltd.
Job OverviewThe 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.
Main 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.
$100,000 - $120,000 per annum, depending on experience.
This role is perfect for individuals with a strong background in pharma forecasting, excellent analytical skills, and effective communication abilities. As a key member of our team, you will play a crucial role in driving business growth and optimizing our forecasting processes.
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