Forecast Analyst analyzes inventory levels, production speed, and product demand to determine the amount of finished product that will be produced. Determines the best metrics to use to provide the most accurate representation of the forecast. Being a Forecast Analyst works with other departments within the organization to determine optimal inventory levels. May require a bachelor's degree. Additionally, Forecast Analyst typically reports to a supervisor or manager. The Forecast Analyst occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Forecast Analyst typically requires 2-4 years of related experience. (Copyright 2024 Salary.com)
Reporting to the general manager, the forecast analyst will be providing data used to drive business decisions impacting purchasing, manufacturing and transportation with the object of maximizing customer satisfaction and determining optimal inventory levels. This position also leads the dialogue each month for their respective customers and products with key counterparts in the Sales and Operations Planning (S&OP) process.
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