Come join Analog Devices (ADI) a place where Innovation meets Impact. For more than 55 years, Analog Devices has been inventing new breakthrough technologies that transform lives. At ADI you will work alongside the brightest minds to collaborate on solving complex problems that matter from autonomous vehicles, drones and factories to augmented reality and remote healthcare.
ADI fosters a culture that focuses on employees through beneficial programs, aligned goals, continuous learning opportunities, and practices that create a more sustainable future.
ADI At A Glance
Analog Devices, Inc. (NASDAQ: ADI) is a global semiconductor leader that bridges the physical and digital worlds to enable breakthroughs at the Intelligent Edge. ADI combines analog, digital, and software technologies into solutions that help drive advancements in digitized factories, mobility, and digital healthcare, combat climate change, and reliably connect humans and the world. With revenue of more than $12 billion in FY23 and approximately 26,000 people globally working alongside 125,000 global customers, ADI ensures today's innovators stay Ahead of What's Possible. Learn more at www.analog.com and on LinkedInand Twitter (X)
Associate Demand Analyst, Supply Chain
Demand Forecasting
Job description Summary:
ADI is seeking a highly driven and resourceful Forecasting Analyst to join our centralized Demand Forecasting group. Our charter is to maintain a best-in-class Demand Forecasting organization with robust processes and methodology to improve our forecast accuracy and drive optimal execution. We are looking to hire a dynamic, innovative, and highly motivated individual to help drive this charter. The ideal candidate is a fast learner, open minded, enjoys a challenge, and is a true team player.
The Demand Analyst role is the integration point into the Business Unit and respective General Manager. This position leads the dialogue each month for their respective customers and products with key counterparts in Sales, Business Unit, Customer Operations and Supply Chain.
Basic Functions:
- Review historical sales trends, research demand drivers, prepare forecast data, develop statistical forecast models, and evaluate forecast results.
- Manage forecast exceptions to achieve Demand Forecasting KPI targets
- Coordinate cross-functional research activities to reconcile significant variances and refine the forecast model to reflect updated sales and marketing assumptions.
- Lead Demand Review meetings to align and agree on one demand forecast numbers. Analyze and flags significant risks as well as variances between forecasts inputs from Business Units, Finance, and SCM.
- Utilize a collaborative and consensus approach by working with BU, Sales, Marketing, Customer Operations and Supply Chain to obtain and ensure that current and accurate information is used for demand forecasts.
- Generate various demand forecast reports and presentations.
- Manage and initiate continuous business process improvements related to demand forecasting, reporting and analytics.
- Develop demand forecasts (operational forecasts) at multiple levels of aggregation for multiple time horizons as part of a demand planning function.
Job Functions
Responsibilities and Duties include but not limited to:
- Assemble and analyze all data pertinent to creating the ship demand forecast. (historical sales, market trends, seasonality, customer forecast)
- Revise forecasts and recommend changes on monthly basis based on actual shipment, trends, wins/losses, new product introductions, and revised sales plans.
- Interact with sales, business units, marketing, supply chain and customer operations to understand demand forecast drivers.
- Execute top-down forecasting techniques for specific markets by using external market indicators. Drive top-down and bottoms-up forecast reconciliation.
- Analyze, define, and implement forecast methodology leveraging product and customer segmentation strategies.
- Use and maintain the Demand Forecasting tool/s as the primary forecasting system tool.
- Analyze demand planning reporting and provide insights, trend that might affect forecast and business decisions.
Key Results:
- A Consensus Demand Forecast with accurate product mix which incorporates current and accurate market information that allows the company to correctly predict customer demand and provide its supply chain with the appropriate information to plan how to meet that customer demand.
Improved relationships among demand analyst and supply chain planners, business unit, sales, and finance, which will lead to effective knowledge sharing and an optimal consensus forecast to better guide the company. Refined systems and methods to continually improve forecasts so that the company can better anticipate customer needs. Execute with excellence in the area of customer replenishment and feedback to the Supply Chain group the opportunities and risks regarding customer replenishment performance metrics.
Minimum Qualifications:
ADI is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, disability or protected veteran status.
Job Requirements:
- BS/BA in Business Administration, Engineering, Finance, or Operations
- Demonstrated proficiency in statistics, forecasting and forecasting methods with an understanding of their financial and operational impacts
- Detail oriented with high regard for data quality and accuracy
- Highly analytical
- Strong written and verbal communication skills and presentation skills
- Strong interpersonal skills are also essential to effectively interact with all teams, areas and levels of business affecting the forecast process.
- Proficient in Microsoft Excel, QlikView, SAP and Power BI is a plus
- Experience and knowledge in reporting and analytics such as Enterprise Data Warehouse, QlikView, Power BI, or other software related to data management and analytics is a plus
- Experience in analytics/forecasting tools, forecasting processes in Sales Operations, Finance, Manufacturing, and/or Supply Chain is a strong plus.
Other Requirements:
- Knowledge of SAP/APO-DP, BlueYonder Forecasting Tool or any other demand forecasting system is a plus.
- Experience in semiconductor industry is a plus, but not required.
- Must be a highly analytical, good team player, innovative, creative and can work gracefully under pressure.
- Experience in managing virtual meetings.
For positions requiring access to technical data, Analog Devices, Inc. may have to obtain export licensing approval from the U.S. Department of Commerce - Bureau of Industry and Security and/or the U.S. Department of State - Directorate of Defense Trade Controls. As such, applicants for this position except US Citizens, US Permanent Residents, and protected individuals as defined by 8 U.S.C. 1324b(a)(3) may have to go through an export licensing review process.
Analog Devices is an equal opportunity employer. We foster a culture where everyone has an opportunity to succeed regardless of their race, color, religion, age, ancestry, national origin, social or ethnic origin, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, parental status, disability, medical condition, genetic information, military or veteran status, union membership, and political affiliation, or any other legally protected group.
Job Req Type: Graduate Job
Required Travel: Yes, 10% of the time
