Data Analyst (Demand Forecasting)

2 years

7 - 14 Lacs

Posted:2 weeks ago| Platform: Linkedin logo

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Job Type

Full Time

Job Description

About The Role

We are looking for a highly motivated

Demand Forecasting Analyst

with hands-on experience in building, improving, and managing demand forecasting models for retail businesses. The candidate will play a key role in leveraging data-driven forecasting techniques to optimize inventory, improve supply chain efficiency, and enhance business decision-making.The role requires strong business understanding of retail operations, combined with technical expertise in AWS cloud services, forecasting techniques, and stakeholder communications.

Key Responsibilities

  • Develop, implement, and maintain demand forecasting models tailored to retail business needs.
  • Analyze historical sales data, seasonal patterns, promotions, and external market factors to improve forecast accuracy.
  • Collaborate with cross-functional teams (merchandising, supply chain, finance) to understand business requirements and translate them into forecasting solutions.
  • Leverage AWS services (Amazon Forecast, S3, Lambda, Glue, Redshift, QuickSight, SageMaker, etc.) for data preparation, modelling, deployment, and reporting.
  • Continuously monitor forecast performance and refine models to reduce forecast error (MAPE, WAPE, etc.).
  • Provide actionable insights and recommendations to stakeholders for inventory management, pricing, and demand planning.
  • Create dashboards and reports to track key forecasting KPIs for business teams.

Required Qualifications

  • 1–2 years of experience in demand forecasting within retail (FMCG, e-commerce, fashion, or grocery retail preferred).
  • Strong understanding of retail demand drivers such as seasonality, promotions, new product launches, and external factors.
  • Hands-on experience with AWS services such as:
  • Amazon Forecast for building forecasting models.
  • Amazon S3, Glue, Redshift for data storage and ETL.
  • Amazon SageMaker for model customization and fine-tuning.
  • Amazon QuickSight for reporting and dashboards.
  • Proficiency in Python for data analysis and modelling.
  • Familiarity with forecasting methods (ARIMA, DeepAR, Prophet, ML-based forecasting, regression, etc.).
  • Strong analytical skills with the ability to interpret data and provide business insights.
  • Excellent communication and presentation skills to interact with both technical and non-technical stakeholders.

Good to Have

  • Experience with time-series modelling in retail.
  • Knowledge of inventory optimization and supply chain planning.

Why Join Us?

  • Opportunity to work on cutting-edge demand forecasting projects in the retail domain.
  • Leverage AWS cloud-native solutions for scalable, real-world impact.
  • Collaborate with business and technology leaders to shape retail strategy.
  • Fast-paced, growth-oriented environment with career development opportunities.
Skills:- Python, Demand forecasting, Predictive modelling, Forecasting, NumPy, pandas, Scikit-Learn, Natural Language Toolkit (NLTK), Data modeling, Retail, ARIMA, DeepAR, Prophet, Regression analysis, Time series, Amazon Web Services (AWS), Glue, Amazon S3, Amazon Redshift, Forecast, Quicksight, SageMaker and Windows Azure

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