Forecasting Manager

About this role

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 115,000 colleagues serve people in more than 160 countries. JOB DESCRIPTION: About Abbott Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

Working at Abbott   At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:  • Career development with an international company where you can grow the career you dream of. 

• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year. 

• An excellent retirement savings plan with a high employer contribution 

• Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree. 

• A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.  

• A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.  

The Opportunity This position is an onsite opportunity in the Abbott Diabetes Care Division. We are helping people with Diabetes lead healthier, happier lives.   As a global leader in diabetes care, Abbott is constantly working to deliver the highest quality products and unwavering support to our customers.  Consistent and accurate glucose monitoring is the foundation of any diabetes management plan, so we’re committed to continuous improvement in the way patients and professionals measure, track and analyze glucose levels.

As a Forecasting Manager, you will be responsible for supporting business objectives through the development, maintenance, and communication of forecast models, strategic analyses, and market insights. This role leads forecasting activities for select business segments, including Government channel and Puerto Rico, and serves as the lead to Long Range Planning. The individual partners closely with Commercial, Government team, Finance, Marketing, Market Access, Sales, and other cross-functional stakeholders to provide data-driven insights that support business planning and decision making. In addition, this role supports the broader forecasting function by contributing analyses, presentations, and forecast inputs to the broader brand forecast.

This is an onsite opportunity in Alameda, CA.

What You'll Do Forecasting: • Develop, maintain, and communicate bottom-up forecasts for select business segments, products, and targets using market knowledge, primary and secondary research, historical performance, and key business drivers. • Support the development of the overall forecast team by providing analyses, assumptions, model updates, scenario planning, and forecast-related deliverables. • Develop forecasting scenarios and sensitivity analyses to quantify business risks and opportunities. • Ensure forecast assumptions are aligned with market events, competitive dynamics, policy changes, and commercial strategies. • Partner with stakeholders to incorporate key business insights into forecast projections and communicate forecast rationale effectively.

Long Range Planning: • Lead forecaster for top-down Long Range Plan and support strategic planning processes. • Conduct quantitative and qualitative analyses to assess market opportunities, business risks, and growth drivers. • Translate complex data into actionable business insights and recommendations for leadership teams. • Support business case development, investment decisions, and strategic initiatives through forecasting and analytical assessments. • Assist in evaluating forecast performance and identifying drivers of variance between forecasted and actual results.

Market and Competitive Insights: • Monitor market dynamics, policy changes, competitive activities, and industry trends that may impact forecast performance. • Leverage internal and external data sources to identify key market drivers and incorporate findings into forecast assumptions. • Partner with Competitive Intelligence, Market Research, and Commercial teams to assess market developments and business implications.

Internal and Field Stakeholder Management: • Effectively communicate and partner with internal and external stakeholders to gain agreement on the forecast, business objectives and the action plan to achieve them

Process: • Builds and establishes Forecast Center of Excellence. Consistently implements all forecasting and analytical protocols, procedures, and standards in a timely manner. • Investigates data enhancements and discrepancies across forecasting and data analytics teams. • Advances Machine Learning forecast and forecasting tools.

Teamwork and Collaboration: • Contribute to the team’s performance, actively collaborate within and beyond the team to design and ensure buy-in around solutions

Leadership: • Support an environment of candor; takes accountability

Experience You'll Bring Required • BA or BS degree required, MBA, Masters is preferred • 5+ years of forecasting experience desired, preferably in the healthcare industry • Advanced knowledge of Excel models and in market BI tools • Possesses strong business acumen and interpersonal skills • Strong executive presence and analytical, quantitative, and communication skills

Preferred • 3+ years forecasting experience incl. market and strategic planning and data analytics • Experience with ML/AI forecasting and predictive modelling • Marketing science

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