Summary:
The Forecasting Analyst will play a critical role in BIA Hyderabad. They will be responsible for developing accurate and robust forecasts and simulations across various areas, including sales, sites, supply, demand, and other relevant domains. The Forecasting Analyst will be expected to utilize advanced forecasting techniques, statistical models, and simulation methodologies to provide actionable insights that drive strategic decision-making and optimize business performance across BMS.
Roles & Responsibilities -
- Serves as the key point of contact/strategic partner for onshore business development analytics within a single BMS franchise
- Create and maintain comprehensive forecasting models and methodologies to project sales, site performance, supply, demand and other relevant factors within the biopharma industry
- Collaborate with cross-functional teams to gather and analyze relevant data, market trends and historical performance
- Collaborate with stakeholders to identify business problems, goals and KPIs to develop analytical solutions
- Apply advanced statistical analysis techniques and time series/predictive modelling to identify trends/drivers influencing forecasts
- Proactively and continuously assesses the relevant marketplace and its dynamics, customers, competitors and future development trends
- Prepare and present forecast reports, dashboards and presentations to communicate findings, insights and recommendations to stakeholders at various levels of the organization to align forecasts with business goals and strategies
- Stay up-to-date with industry trends, emerging methodologies and best practice forecasting and simulation in the biopharma industry
- Provide training, guidance and mentorship to junior analysts and team members as required
Skills and Competencies -
- Strong analytical and problem-solving skills with a deep understanding of statistical forecasting techniques, time series analysis and predictive modelling
- In-depth knowledge of forecasting software and advanced forecasting methodologies
- Strong communication skills with the ability to present complex information to non-technical stakeholders in a clear manner.
- Strong project management skills and the ability to work independently or as part of a team.
- Strong attention to detail and ability to work with large datasets to ensure accuracy and reliability of forecasts.
- Strong business acumen and the ability to translate forecast findings into actionable insights and recommendations
- Ability to lead and mentor
Experience -
- We welcome people with a bachelor's or master's degree in a relevant field such as Statistics, Mathematics, Economics, Operations Research or a related discipline.
- Proven experience (typically 5+ years) in a forecasting or demand planning role, preferably within the biopharma or pharmaceutical industry
- Experience working with data visualization tools & MS Suite
- Familiarity with biopharma industry datasets
- Experience working with large datasets, statistical software packages (e.g., R, SAS, Python), and data visualization tools
- Familiarity with the biopharma industry, including market dynamics, regulatory requirements and supply chain considerations
- Certification or training in forecasting, demand planning or related disciplines is a plus
