CPFR Analyst Walmart

Key Responsibilities – CPFR (Collaborative Planning, Forecasting and Replenishment)
1. Collaborative Planning and Forecasting• Collaborate with internal teams and external clients to develop accurate demand forecasts and replenishment plans over a horizon greater than 6 months.• Develop tools and establish processes to improve forecast accuracy, reduce stockouts, and minimize excess inventory.• Monitor key performance indicators (KPIs) and adjust forecasts accordingly to meet service level agreements.
2. Inventory Optimization• Apply actuarial principles to analyze inventory levels, demand patterns, and lead times to optimize stock levels and reduce distribution costs.• Develop inventory policies and strategies to mitigate supply chain risks while ensuring product availability.
3. Data Analysis and Modeling• Use statistical modeling techniques to analyze historical data, identify trends, and forecast future demand.• Build predictive models incorporating actuarial methods to assess risk and uncertainty in demand forecasts.
4. Cross-functional Collaboration• Work closely with cross-functional teams, including sales, operations, and supply, to align forecasts with business objectives.• Effectively communicate forecast changes, inventory recommendations, and potential supply risks to cross-functional teams (sales, procurement, supply).
5. Continuous Improvement• Identify opportunities for process improvement and automation to optimize recurring CPFR tasks and increase efficiency and effectiveness.• Stay up to date with industry trends, best practices, and emerging technologies in supply chain management and actuarial science.