forecast manager

Forecast managers have a deep understanding of the operations of the company, the inventory levels, production batches, requirements and costs of production per product, and trends in the demand levels. They use all that information in combination with forecasting software in order to define production orders aiming for the most efficient production combinations.

Alternative Labels

analytic and forecasting manager

demand planning manager

forecast analyst

forecast and planning analyst

forecasting and analysis director

forecast planning manager

Regulatory Aspect

To see if and how this occupation is regulated in EU Member States, EEA countries or Switzerland please consult the Regulated Professions Database of the Commission. Regulated Professions Database:

http://ec.europa.eu/growth/single-market/services/free-movement-professionals/qualifications-recognition_en

Skills & Competences

Essential Skills and Competences

analyse economic trends analyse logistic changes analyse market financial trends analyse supply chain strategies analyse supply chain trends assess supplier risks estimate costs of required supplies follow company standards forecast dividend trends forecast future levels of business forecast production quantities identify suppliers liaise with managers maintain relationship with customers maintain relationship with suppliers manage inventory manage supplies order supplies strive for company growth

Essential Knowledge

corporate social responsibility financial forecasting supplier management supply chain management supply chain principles

Optional Skills and Competences

analyse logistic needs assist in planning production scheduling calculate purchasing levels of raw materials coordinate purchasing activities forecast economic trends forecast products' demand forecast sales over periods of time manage logistics manage standard enterprise resource planning system monitor ingredient storage study sales levels of products use sales forecasting softwares

Optional Knowledge

consumer goods industry economics international business statistics

Skills & Competences

Concept status

Concept Uri

http://data.europa.eu/esco/occupation/aeb7c6bd-22c9-43c2-8551-a1cc2560584f

Status

released

Occupations