Nordstrom

Demand Forecaster - HYBRID

Seattle, Washington, United States

Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
RetailIndustries

Job Description

Employment Type: Full-time

Position Overview

This role involves leading the education, maintenance, and evolution of forecast applications, maintaining attributes and default settings within these applications. The primary goal is to apply an understanding of customer needs to drive replenishment merchandising strategy. This includes collaborating with merchant partners to create optimal demand forecasts that maximize results through replenishment and align with the merchandise strategy. The position requires a deep understanding of the merchant strategy, product expectations, and the order generation process to ensure alignment with buyer outcomes. Proactive identification of opportunities to drive replenishment and improve item performance is key. The role also involves performing analysis and influencing decision-making to enhance replenishment sales and inventory results that complement the total assortment. Proficiency in applicable systems, including replenishment, item planning, reporting, and division-specific tools, is essential.

Responsibilities

  • Lead forecast application education, maintenance, and evolution.
  • Maintain attributes and default settings in forecasting applications.
  • Apply customer needs and expectations to drive replenishment merchandising strategy.
  • Collaborate with merchant partners to create optimal demand forecasts.
  • Maximize results through replenishment and align with merchandise strategy.
  • Demonstrate understanding of merchant strategy, product expectations, and order generation process.
  • Ensure order results align with buyer's expected outcomes.
  • Proactively seek opportunities to drive replenishment and improve item performance.
  • Perform analysis and influence decision-making to improve replenishment sales and inventory results.
  • Complement the total assortment with improved replenishment outcomes.
  • Demonstrate proficiency in applicable systems (replenishment, item planning, reporting, division-specific tools).

Requirements

  • Experience with retail forecasting tools and methods.
  • Oracle merchandising foundation experience and/or Retail Demand Forecast (RDF) experience preferred.
  • Minimum 1-3 years of experience in retail merchandise planning and analysis, inventory management, or equivalent required.
  • Bachelor’s degree in Merchandising, Statistics, Management Information Systems, or related field preferred.
  • Experience supporting a high sales volume category (high SKU count, heavy seasonality, high revenue ($20M+)) preferred.
  • Basic statistics proficiency.
  • Demonstrated understanding of retail and the service environment of Nordstrom required.
  • Demonstrated ability to develop relationships with customers and coworkers.
  • Proficiency in MS Office suite required.
  • Clear and effective written and verbal communication skills required.
  • Strong interpersonal skills required.

Company Information & Benefits

Nordstrom values its employees as its most important asset, reflected in its comprehensive benefits package.

Benefits include:

  • Medical/Vision, Dental, Retirement, and Paid Time Away
  • Life Insurance and Disability
  • Merchandise Discount and EAP Resources

Eligibility requirements may apply based on location, job level, classification, and length of employment.

For more information on benefits, please visit: https://careers.nordstrom.com/pdfs/Ben_Overview_17-19.pdf

Pay Range

Annual Salary: $92,000.00 - $155,000.00

This position may be eligible for performance-based incentives/bonuses.

Application Instructions

Current Nordstrom employees: To apply, log into Workday, click the Careers button, and then click Find Jobs.

Additional Information

  • The job posting highlights critical responsibilities and requirements; it is not exhaustive. Additional duties may be assigned.
  • Nordstrom conducts background checks and considers qualified applicants with criminal histories in accordance with all legal requirements.
  • Applicants with disabilities requiring assistance or accommodation should contact the nearest Nordstrom location, identifiable at www.nordstrom.com.
  • Please be aware of state-specific legal notices and requirements. Review Career Site FAQ's for relevant information.

© 2022 Nordstrom, Inc.

Skills

Demand Forecasting
Replenishment
Merchandising Strategy
Inventory Management
Retail Analytics
Oracle Merchandising Foundation
Retail Demand Forecast (RDF)
MS Office Suite
Basic Statistics
Communication
Interpersonal Skills

Nordstrom

Retailer offering clothing and accessories

About Nordstrom

Nordstrom is a retail company that focuses on providing a wide range of clothing, shoes, and accessories for men, women, and children. The company operates department stores and an online platform where customers can shop for various brands and styles. Nordstrom emphasizes a strong customer service experience, encouraging employees to take initiative and develop their careers within the organization. Unlike many competitors, Nordstrom fosters a culture of leadership and personal growth among its staff, which contributes to a dedicated and motivated workforce. The company's goal is to create a positive shopping experience while also being committed to environmental sustainability and community support.

Seattle, WashingtonHeadquarters
N/AYear Founded
$16MTotal Funding
N/ACompany Stage
Consumer GoodsIndustries
10,001+Employees

Benefits

Health Insurance
Dental Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan

Risks

Increased competition from online retailers like Amazon may impact Nordstrom's market share.
Economic uncertainty could reduce consumer spending on luxury items, affecting sales.
Expansion into international markets exposes Nordstrom to geopolitical and currency risks.

Differentiation

Nordstrom emphasizes employee empowerment and career growth within the company.
The company is committed to environmental sustainability and community support.
Nordstrom's experiential retail approach includes pop-up shops and exclusive collaborations.

Upsides

Nordstrom Rack is expanding with new locations in West End and Lubbock by 2025.
The Nordy Club enhances customer savings and loyalty through exclusive benefits.
Strategic collaborations, like with DXL Big + Tall, expand Nordstrom's customer base.

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