Business analyst

Business / Systems Analysis London, England, United Kingdom

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Summary

While working as a Business Analyst at Rinkies Toys and Gifts, I was tasked with analysing sales data to identify trends and make recommendations for optimizing inventory management.

My task was to evaluate the sales data of different product categories and identify any patterns or seasonal fluctuations that could guide procurement decisions and minimize stockouts or overstock situations.

I utilized advanced Excel functions and data visualization tools to analyse historical sales data, segmenting it by product category, time period, and customer demographics. I also collaborated with the sales and marketing teams to gain additional insights into promotional activities and customer preferences.

By applying my data analysis skills, I identified that certain toy categories experienced significant spikes in demand during specific holidays and seasons. Based on these findings, I developed a forecasting model to estimate future sales and recommended adjustments to the procurement schedule to align with anticipated demand. This approach led to a reduction in stockouts by 15% and an improvement in overall inventory turnover, resulting in cost savings for Rinkies Toys and Gift.

Expectations

I am driven by the desire for personal growth and continuous learning. I thrive in environments where I can expand my knowledge, acquire new skills, and stay up-to-date with industry trends. In my new job I will seek and expect innovative solutions, explore best practices, and consistently improve my performance.