MEMerck Sharp Dohme Msd
Manager- Strategic Forecasting
Pune ₹4-18 LPA Posted 26 Jun 2025
FULL TIME
Market Research
Financial Forecasting
Statistical Techniques
Strategic Planning
Business Intelligence
+1 more
Job Description
Position Overview:
- At our Company we are leveraging analytics and technology, as we invent for life on behalf of patients around the world. We are seeking those who have a passion for using data, analytics, and insights to drive decision making, that will allow us to tackle some of the world s greatest health threats. Within our commercial Insights, Analytics, and Data organization we are transforming to better power decision-making across our end-to-end commercialization process, from business development to late lifecycle management .
- Integrated Research and Forecasting ( IRF ) is a global function encompassing long-range pharmaceutical asset forecasting across the product lifecycles of all assets within Human Health (Oncology, Vaccines, Hospital Specialty / Primary care). Assets include early and late-stage molecules in clinical development , companies under considerations by business development for partnering and/ or acquisition as well as currently launched products . Forecasting deliverables support division planning and decision making across multiple functional areas such as finance, manufacturing, product development and commercial. In addition to ensuring high-quality deliverable s , our team drives synergies across divisions, fosters innovation and best practices, and creates solutions to bring speed, scale and shareability to our planning processes . As we endeavor , we are seeking a dynamic talent for the role of Manager - Strategic Forecasting .
We are looking for a team member within strategic forecasting team based out of Pune. Robust forecasting is a priority for businesses, as the product potential has major implications to a wide range of disciplines. While forecasting of realistic potential can be arrived through both qualitative and quantitative methods, the challenge lies in selecting and deploying the right methodology . Thus, it is essential to have someone who understands and aspires to implement advanced analytics techniques such as Monte Carlo simulations, agent-based modeling, conjoint frameworks, NLP, clustering etc. within forecasting vertical.
Primary responsibilities include, but are not limited to:
- Responsible for one/multiple therapy areas - demonstrating good pharmaceutical knowledge and project management capability
- Responsible for conceptualizing and d elivering forecasts and analytical solutions, using both strategic as well as statistical techniques within area of responsibility
- Drive continuous enhancements to evolve the existing forecasting capabilities in terms of value-add, risk/ opportunity/uncertainty - identify and elevate key forecasting levers/insights/findings to inform decision making
- Collaborate across stakeholders - our Manufacturing Division , Human Health, Finance, Research, Country, and senior leadership - to build and robust assumptions , ensuring forecast accuracy improves over time to support decision making
- Drive innovation and automation to bring in robustness and efficiency gains in forecasting / process; incorporate best-in-class statistical forecasting methods to improve the accuracy
- Communicate effectively across stakeholders and proactively identify and resolve conflicts by engaging with relevant stakeholders
- Responsible for delivery of forecasts in a timely manner with allocated resources
- Determine the optimal method for forecasting, considering the context of the forecast, availability of data, the degree of accuracy desired, and the timeline available
- Contribute in evolving our offerings through innovation, standardization/ automation of various offerings, models and processes
Qualification and skills:
- Engineering / Management / Pharma post- graduates with 3 + years of experience in the relevant roles ; with 1-2 years of experience in pharmaceutical strategic forecasting or analytics
- Proven ability to work collaboratively across large and diverse functions and stakeholders
- Ability to manage ambiguous environments, and to adapt to changing needs of business
- Strong analytical skills; an aptitude for problem solving and strategic thinking
- Working knowledge of Monte Carlo simulations and range forecasting
- Ability to synthesize complex information into clear and actionable insights
- Proven ability to communicate effectively with stakeholders
- Solid understanding of pharmaceutical development, manufacturing, supply chain and marketing functions