Demand Forecaster in Oak Brook, Illinois at ASC Engineered Solutions
NewSalary: $90000 - $115000Industry: Other
ASC Engineered Solutions
Oak Brook, Illinois, 60523, United States
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Job Description
Position Title: Demand Forecaster
Department: Operations & Supply Chain
Employment Type Full Time
Location: Oak Brook, IL
Workplace Type: Hybrid
Compensation: $90,000 - $115,000 / year
Demand Forecaster
Education and Experience
Department: Operations & Supply Chain
Employment Type Full Time
Location: Oak Brook, IL
Workplace Type: Hybrid
Compensation: $90,000 - $115,000 / year
Demand Forecaster
ASC Engineered Solutions are seeking a detail-oriented and analytical Demand Forecaster to join our Supply Chain team in the Pipe, Valves, and Fittings (PVF) sector. This role is critical in ensuring accurate demand planning, inventory optimization, and alignment between sales, procurement, and operations. The ideal candidate will have strong forecasting and data analysis skills, industry knowledge, and the ability to anticipate market trends that impact product demand.
How You Will Help
- Develop, maintain, and improve demand forecasts for ASC’s product offering across multiple regions, customers, and product lines.
- Responsible for optimizing the Blue Yonder forecast engine itself, including selection of forecast algorithms and tuning parameters.
- Develop forecast scenarios to analyze impact of forecast changes on supply base: conversions, large industrial projects, sales promotions, new product launch, etc.
- Collaborate with sales, supply chain, procurement, and operations teams to align forecasts with business objectives.
- Analyze historical sales data, market trends, customer demand, and external factors (construction activity, oil & gas cycles, infrastructure spending, etc.) to create accurate projections.
- Develop and own analytical models and performance dashboards. Provide insights to leadership in areas such as forecast accuracy trends and causes, booking trends that may require forecast adjustments, etc.
- Participate in testing of new system upgrades, provide feedback on system performance, and impact on demand planning processes.
- Partner with inventory and procurement teams to minimize stock-outs, overstocks, and obsolescence.
- Provide, as required, monthly, quarterly, and annual demand planning reports to leadership.
- Support strategic planning initiatives, including budgeting and long-range demand forecasts.
What You Will Bring
Education and Experience
- Bachelor’s degree in Supply Chain, Business, Economics, Statistics, or related field (Master’s preferred).
- 5+ years of experience in forecasting, demand planning, or supply chain analytics (PVF or industrial distribution experience strongly preferred).
- Hands-on experience with Blue Yonder (JDA) demand planning/forecasting solutions.
Competencies
- Hands-on experience applying machine learning techniques to solve demand forecasting problems and improve prediction accuracy
- Advanced proficiency in Microsoft Excel for data analysis and management of large datasets; familiarity with Power BI or other data visualization tools preferred
- Knowledge of the PVF industry, including product lifecycles, project-driven demand, and market fluctuations.
- Excellent written and verbal communication skills to effectively collaborate with diverse teams and stakeholders at all organizational levels.
- Strong problem-solving and analytical capabilities, with the ability to translate data insights into actional supply chain strategies.
- Proven ability to thrive in a fact-paced, dynamic environment with shifting priorities and tight deadlines.
- Self-motivated with the ability to independently manage multiple priorities and drive results under pressure.
Compensation
The base salary range for this position is $90,000.00 - $115,000.00 USD annually*.
*The salary range for this position reflects a reasonable estimate of the range of compensation for this role. ASC Engineered Solutions’ philosophy on compensation is based on careful consideration of additional factors such as (but not limited to) an individual’s education, training, work experience, job-related skill set, location, and industry knowledge, as well as the scope and responsibilities of the position and market considerations.
*The salary range for this position reflects a reasonable estimate of the range of compensation for this role. ASC Engineered Solutions’ philosophy on compensation is based on careful consideration of additional factors such as (but not limited to) an individual’s education, training, work experience, job-related skill set, location, and industry knowledge, as well as the scope and responsibilities of the position and market considerations.
About ASC Engineered Solutions
Following the 2019 merger of Anvil International and Smith-Cooper International, the unified company relaunched in March 2021 as ASC Engineered Solutions. Under a single name and logo, ASC Engineered Solutions continues our focus on improving the customer experience every day and striving to deliver service excellence.
The evolved ASC Engineered Solutions brand reinforces a focus on what matters most to customers: quality. As a solutions provider, this quality is reflected in our precision-engineered products, support and knowledge. Our organization is a dependable strategic partner focused on its customers’ success.
*ASC Engineered Solutions is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, protected veteran status, genetic information, or any other characteristic protected by applicable law.*
The evolved ASC Engineered Solutions brand reinforces a focus on what matters most to customers: quality. As a solutions provider, this quality is reflected in our precision-engineered products, support and knowledge. Our organization is a dependable strategic partner focused on its customers’ success.
*ASC Engineered Solutions is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, protected veteran status, genetic information, or any other characteristic protected by applicable law.*
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Job Location
Oak Brook, Illinois, 60523, United States
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