Business Data Analyst – Inventory Forecasting

Business Data Analyst – Inventory Forecasting

Newark, NJ
$110,000
Full-Time | 8:00 AM–5:00 PM

Position Overview

A growing company is seeking a highly analytical, detail-oriented, and proactive Business Data Analyst to join its Inventory Forecasting team.

This role will support demand planning and inventory management by analyzing data, identifying trends, and working closely with purchasing, operations, and sales. The ideal candidate is organized, takes ownership of their responsibilities, follows through consistently, and is comfortable driving projects forward in a fast-paced environment.

Key Responsibilities

Analyze historical data, sales trends, and inventory activity to support accurate demand forecasting

Monitor inventory levels and proactively identify potential shortages, excess inventory, risks, and opportunities

Develop and maintain reports, spreadsheets, and analytical tools to support business decisions

Collaborate with purchasing, operations, and sales teams to align forecasts, inventory needs, and priorities

Take ownership of key forecasting and inventory processes and ensure deliverables are completed accurately and on time

Lead follow-ups with cross-functional teams to maintain accountability and keep projects moving

Review large datasets and translate findings into clear, actionable recommendations

Identify opportunities to improve forecasting accuracy, reporting, and operational efficiency

Manage multiple priorities while consistently meeting deadlines

Qualifications

2+ years of experience in data analysis, demand forecasting, inventory management, supply chain, or a related field

Strong analytical skills and experience working with large datasets

Strong Microsoft Excel skills

Ability to identify trends, discrepancies, risks, and opportunities within data

Highly organized with excellent attention to detail

Strong sense of ownership, responsibility, and accountability

Excellent communication and follow-up skills

Self-motivated, proactive, and comfortable taking initiative

Ability to work effectively across multiple departments in a fast-paced environment