[Remote] Forecast Analyst (Limited Term)

Other Jobs To Apply

Note: The job is a remote job and is open to candidates in USA. REI Co-op is dedicated to helping people enjoy the outdoors, and they are seeking a Forecast Analyst to support their product inventory and financial goals. This role involves creating seasonal forecasts, managing vendor relations, and providing insights to enhance business performance.


Responsibilities

  • Owns creation of seasonal forecasts for product demand based on research and input from Merchant Product partners
  • Partner with the Category Planning Manager (CPM) to reconcile category forecasts with seasonal financial plans. Ensure goals are achievable and present the plan to department leadership.
  • Examines and acts on product trends and performance with a forward-looking mindset to deliver sales
  • Ability to apply sound financial actions to a product strategy to deliver growth
  • Manages product inventory flow in-season & pre-season to achieve performance goals
  • Initiates and manages purchase orders
  • Drives vendor accountability for delivery accuracy and timeliness and negotiates to achieve profitability goals
  • Manages markdown planning and product end-of-lifecycle recommendations
  • Uses proven communication skills to engage and challenge others for the achievement of business goals.
  • Provides insights and feedback to Merchant Product & Planning partners to influence better Assortment Planning
  • Provides ad-hoc examination and reporting to support business needs as a category specialist
  • Partners with Merchandising Data Specialist & Assistant Category Merchant to manage open orders
  • Partners with Replenishment Analyst on funding & prioritizing In Season item reactions
  • Pursue self-development through work with your Manager, training and networking with other FAs
  • Develop change management skills to thrive in an expanding work environment
  • Take part in in cross-functional project opportunities to gain co-op wide perspective

Skills

  • Minimum 2 years merchandising experience
  • Bachelor’s Degree
  • Familiarity and interest in REI products, activities and services
  • PC proficiency in Microsoft Windows, Office: Excel, Word, Outlook, Explorer
  • Experience with product trend and inventory examination forecasting acquisition allocation and management for multiple stores and digital sales
  • Knowledge and effective execution of merchandising math methods; open to buy, initial mark-up, gross margin, markdowns, shrink, damages, inventory turnover
  • Uses excellent communication skills, business sense, creative thinking, and good judgment to solve problems or find business opportunities.

Benefits

  • Generous employee discount
  • Access to health benefits
  • Retirement savings plan
  • Accrued time off

Company Overview

  • At Recreational Equipment, Inc. (REI), we exist to inspire and enable life outside for everyone. It was founded in 1938, and is headquartered in Kent, Washington, USA, with a workforce of 10001+ employees. Its website is https://www.rei.com/.

    • Back to blog

    Common Interview Questions And Answers

    1. HOW DO YOU PLAN YOUR DAY?

    This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

    2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

    When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

    3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

    Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

    4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

    With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

    5. HOW DO YOU PROCESS INFORMATION?

    Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

    6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

    Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

    7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

    Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

    8. HOW TO PRIORITIZE WORK?

    The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

    9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

    Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

    10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

    This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...