Sr. Analyst, Forecasting and Planning

 

At West, we’re a dedicated team that is connected by a purpose to improve patient lives that has been at the center of our Company for more than a century. Our story began when Herman O. West solved the problem of supplying penicillin in mass quantities to the US Government during World War 2. Through our work to deliver thousands of life-saving and life-enhancing injectable medicines to millions of patients daily, West’s indelible mark on the healthcare industry has just begun. A name started our story. How will yours help write our future?  

 

There’s no better place to join an inclusive community of professionals with opportunities for lifelong learning, growth and development. Supported by benefit programs, we empower the physical, mental, emotional and financial health of our team members and their families.  

 

We believe in giving back to help those in need in the communities where we live and work. And are equally committed to creating a healthier environment and planet through our sustainability efforts.  

Job Summary

In this role, forecast insights are provided through interpreting demand data in the context of customers, competitors, and market, enhancing pricing opportunities and strategies. Comprehensive price analysis and collaboration with internal stakeholders to develop pricing actions to achieve superior pricing results. Management of the SAP APO Forecasting module for Services and Solutions to reflect an accurate short and long-term forecast strategy.

 

Essential duties and responsibilities

• Collect and analyze historical and current sales data and market trends to create an accurate forecast.

 

• Develop strategic options and communicate to address potential risks identified in the sales forecast

 

• Work collaboratively with sales, marketing, R&D and development teams to gather information on future programs and plans that affect demand

 

• Analyze customer behavior based on historical transactions and develop insights into customer segmentation and West options

 

• Work with strategic pricing team to extract competitive information for pricing

 

• Responsible for building reports and dashboards to communicate the forecast trends to management and other stakeholders

 

• Improve relevant price and product data quality by supervising and providing the auditing guidance for the price data and administrative team

 

• Support global sales with specialist pricing inquiries

 

• Support development of convincing value proposition in collaboration with market unit and product management

 

 

• Support development of and training for pricing and simulation tools e.g., value estimator / value capture simulation / exclusivity models

 

• Utilize the forecast reports to aid in decision making processes related to pricing, sales and operational planning

 

• Measure forecast accuracy and communicate the KPI to key stakeholders

Management of the price conditions in SAP for the CPQ Global quotation tool.

• Provide CPQ training and front-line support to Sales.

 

• Manage forecasting activities related to the development and tooling agreements and lab services.

 

• Support the continuous improvement of the API annual activity.

Creation and change of customer pricing in SAP PS4 based on increases negotiated by sales.

 

• Creation and change of contracted customer pricing in SAP PS4 liaising with the Contracts Team.

 

• Support Global Sales with argumentation and pricing history for price increases

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• Maintenance of the API SharePoint Customer Price Update log.
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• Manage with creation and change activities the pricing conditions in SAP PS4 in line with all audit requirements and policies.
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• Support Quarterly Price Variance reporting in line with Sarbanes Oxley requirements for compliance.

 

• Make recommendations based on comparisons between forecasted and actual data value

 

• Support Pricing Strategy improvement projects by providing analyses and identifying opportunities at the product and customer portfolio level.

 

• Provide support and data for completion of capital investment models and tools

 

• Perform other duties as assigned based on business needs.

 

Basic Qualifications

Bachelor’s Degree in Science or equivalent experience

 

Minimum 5 years in Finance, demand forecasting or data analytics related