CPFR Walmart CA4
Job Description:
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.