Description
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.
EssentialOptional
Theoretical Knowledge
Practical Skills
forecast dividend trendsforecast production quantitiesidentify suppliersestimate costs of required suppliesmanage suppliesanalyse economic trendsforecast future levels of businessfollow company standardsassess supplier risksorder suppliesmaintain relationship with suppliersliaise with managersanalyse supply chain trendsanalyse supply chain strategiesmanage inventorymaintain relationship with customersstrive for company growthanalyse logistic changesanalyse market financial trendsmanage logisticsanalyse logistic needsstudy sales levels of productsforecast economic trendsassist in planning production schedulingmanage standard enterprise resource planning systemuse sales forecasting softwaresforecast products' demandforecast sales over periods of timemonitor ingredient storagecalculate purchasing levels of raw materialscoordinate purchasing activities