Forecasting analyst job description
Updated March 14, 2024
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Example forecasting analyst requirements on a job description
Forecasting analyst requirements can be divided into technical requirements and required soft skills. The lists below show the most common requirements included in forecasting analyst job postings.
Sample forecasting analyst requirements
- Advanced knowledge of statistical analysis methods
- Proficiency in data visualization and reporting tools (e.g. Tableau, Power BI)
- Ability to manipulate and analyze large datasets using Excel or SQL
- Experience with forecasting software (e.g. SAS, SPSS)
Sample required forecasting analyst soft skills
- Strong problem-solving and critical thinking skills
- Excellent communication and presentation skills
- Ability to work independently and prioritize tasks effectively
- Attention to detail and accuracy
- Ability to work collaboratively in a team environment
Forecasting analyst job description example 1
Edward Jones forecasting analyst job description
The Forecast Analyst is accountable for strategic and tactical volume forecasts and analysis to enable assigned departments to meet or exceed performance standards. The critical responsibilities of a Forecast Analyst include:
Utilize call volume and workload demand historical trends to develop models for forecasting future contact volumes while accounting for planned and unplanned events.
Create and maintain departmental strategic staffing models (including headcount recommendations and service level projections) for Senior Leaders to make recommendations on divisional staffing.
Consult with Service Division Department Leaders and Directors for upcoming events and recommend strategic staffing levels needed to meet performance level targets.
Forecasts and accounts for growth due to seasonal variations, special events, affecting clients (such as marketing blitzes) and other cyclical patterns.
Generate and present alternative forecasting ("What-If") analyses as needed to enable Senior Manager actions on staffing and performance.
Generate and maintain tactical forecasts to inform departmental scheduling needs. Review and report on demand and performance projections versus actual and consider for future projections. Research and recommend Workforce Management and call center efficiency best practices. Generate and review reports using call center and workforce management applications. Participate in projects and the implementation of new processes and tools for improving call center workload efficiency, including call center tools and workforce management software.
Required Qualifications:
Minimum of 5 years of significant contact center experience. Minimum of 3 years of previous workforce management or statistical forecasting / analysis experience required. Bachelor's degree in Statistics, Mathematics or other technical field or equivalent experience is required. Exceptional mathematical, data, and organization skills. Highly proficient in MS Word, MS Excel, MS PowerPoint and/or Access and related systems Excellent verbal and written communication skills. Ability to process and assess quantitative and qualitative data to make rapid selection. Ability to work alongside leaders at all levels of the organization. Must be able to multi-task, prioritize projects and work well with deadlines. Must have experience in call routing as well as call center metrics and their effect on staffing. Sound attention to detail and ability to work autonomously.
Preferred Qualifications
SharePoint experience.
Utilize call volume and workload demand historical trends to develop models for forecasting future contact volumes while accounting for planned and unplanned events.
Create and maintain departmental strategic staffing models (including headcount recommendations and service level projections) for Senior Leaders to make recommendations on divisional staffing.
Consult with Service Division Department Leaders and Directors for upcoming events and recommend strategic staffing levels needed to meet performance level targets.
Forecasts and accounts for growth due to seasonal variations, special events, affecting clients (such as marketing blitzes) and other cyclical patterns.
Generate and present alternative forecasting ("What-If") analyses as needed to enable Senior Manager actions on staffing and performance.
Generate and maintain tactical forecasts to inform departmental scheduling needs. Review and report on demand and performance projections versus actual and consider for future projections. Research and recommend Workforce Management and call center efficiency best practices. Generate and review reports using call center and workforce management applications. Participate in projects and the implementation of new processes and tools for improving call center workload efficiency, including call center tools and workforce management software.
Required Qualifications:
Minimum of 5 years of significant contact center experience. Minimum of 3 years of previous workforce management or statistical forecasting / analysis experience required. Bachelor's degree in Statistics, Mathematics or other technical field or equivalent experience is required. Exceptional mathematical, data, and organization skills. Highly proficient in MS Word, MS Excel, MS PowerPoint and/or Access and related systems Excellent verbal and written communication skills. Ability to process and assess quantitative and qualitative data to make rapid selection. Ability to work alongside leaders at all levels of the organization. Must be able to multi-task, prioritize projects and work well with deadlines. Must have experience in call routing as well as call center metrics and their effect on staffing. Sound attention to detail and ability to work autonomously.
Preferred Qualifications
SharePoint experience.
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Forecasting analyst job description example 2
Mueller Water Products forecasting analyst job description
Are you an individual looking to flourish as a supply chain professional? Would you like to be part of a company involved in the transmission of clean drinking water for more than 165 years?
Mueller Company (Mueller Co.), the nation's leading manufacturer of flow control devices for the water and gas distribution industries, has an immediate opening for a PFEP Analyst in our Mueller Co, Decatur, IL facility. Mueller Co.'s manufacturing commitment ensures one of the world's most precious resources, clean drinking water, reaches millions of people on a daily basis. Come be a part of something that sustains and enriches the lives of every human being. As the PFEP Analyst you will create and maintain integrity of the PFEP data, all while earning a competitive base salary and full benefit offerings make for a well-rounded total package for the right individual. This position reports to the site Materials Manager.
Essential Duties and Responsibilities:
Drive working capital improvements and lead-time reductions using the PFEP process Create, implement, and improve PFEP standard work with appropriate revision and control levels Teach and train the PFEP process cross functionally Controlled maintenance of the PFEP following established guidelines and standard work Engage on standard cadence with FP&A forecasting group to stay abreast and ahead of market changes Educate, mentor and develop planning, purchasing team on PFEP/Making materials flow
Required Skills:
Strong written and verbal communication skills Work effectively in a team. Knowing role on team, based on project/task Demonstrated ability to successfully achieve goals through influence Demonstrated analytical mindset Have ability to follow and challenge Standard Work processes on a daily basis (planning, system messages, etc.) Ability to adapt to system/technology changes as well as use of current systems Technologically flexible Ability to identify road blocks in material/information flow to manage exceptions Demonstrated Intermediate to Advanced Excel skills Ability to blend multiple sources of data to formulate opinions and recommendations
Internal Skills:
S/C experience in union and/or manufacturing environment Experience with global vendors Exposure to Lean and/or manufacturing environment Experience with contract reviews and negotiations Enterprise-sourcing purchasing systems (ERP)2 years' Experience in making materials flow Exposure to logistics, warehousing systems Master's Degree in business, supply chain, logistics, or engineering Professional certification - APICS or CSCMP (Ex - CPIM, Logistics cert) PMPAbility to relocate for future assignments
Perks of Joining Our Team:
Medical, Dental & Vision Insurance 401(k) Retirement PlanPaid HolidaysTuition Reimbursement ProgramReferral BonusesOther Benefits Also Available
Primary work hours will be Monday through Friday. Work hours will vary based on customer requirements. This position is salaried exempt and does not qualify for overtime pay.
Mueller Company offers an excellent salary and benefits package. Current benefit offerings include: medical and dental insurance, 401K plan with company match, Employee Stock Purchase Plan program, short-term disability benefits, vacation, tuition reimbursement program, company-provided life insurance, long-term disability and supplement insurance at group rates, and much more.
We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other category protected by law.
Mueller Company (Mueller Co.), the nation's leading manufacturer of flow control devices for the water and gas distribution industries, has an immediate opening for a PFEP Analyst in our Mueller Co, Decatur, IL facility. Mueller Co.'s manufacturing commitment ensures one of the world's most precious resources, clean drinking water, reaches millions of people on a daily basis. Come be a part of something that sustains and enriches the lives of every human being. As the PFEP Analyst you will create and maintain integrity of the PFEP data, all while earning a competitive base salary and full benefit offerings make for a well-rounded total package for the right individual. This position reports to the site Materials Manager.
Essential Duties and Responsibilities:
Drive working capital improvements and lead-time reductions using the PFEP process Create, implement, and improve PFEP standard work with appropriate revision and control levels Teach and train the PFEP process cross functionally Controlled maintenance of the PFEP following established guidelines and standard work Engage on standard cadence with FP&A forecasting group to stay abreast and ahead of market changes Educate, mentor and develop planning, purchasing team on PFEP/Making materials flow
Required Skills:
Strong written and verbal communication skills Work effectively in a team. Knowing role on team, based on project/task Demonstrated ability to successfully achieve goals through influence Demonstrated analytical mindset Have ability to follow and challenge Standard Work processes on a daily basis (planning, system messages, etc.) Ability to adapt to system/technology changes as well as use of current systems Technologically flexible Ability to identify road blocks in material/information flow to manage exceptions Demonstrated Intermediate to Advanced Excel skills Ability to blend multiple sources of data to formulate opinions and recommendations
Internal Skills:
S/C experience in union and/or manufacturing environment Experience with global vendors Exposure to Lean and/or manufacturing environment Experience with contract reviews and negotiations Enterprise-sourcing purchasing systems (ERP)2 years' Experience in making materials flow Exposure to logistics, warehousing systems Master's Degree in business, supply chain, logistics, or engineering Professional certification - APICS or CSCMP (Ex - CPIM, Logistics cert) PMPAbility to relocate for future assignments
Perks of Joining Our Team:
Medical, Dental & Vision Insurance 401(k) Retirement PlanPaid HolidaysTuition Reimbursement ProgramReferral BonusesOther Benefits Also Available
Primary work hours will be Monday through Friday. Work hours will vary based on customer requirements. This position is salaried exempt and does not qualify for overtime pay.
Mueller Company offers an excellent salary and benefits package. Current benefit offerings include: medical and dental insurance, 401K plan with company match, Employee Stock Purchase Plan program, short-term disability benefits, vacation, tuition reimbursement program, company-provided life insurance, long-term disability and supplement insurance at group rates, and much more.
We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other category protected by law.
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Forecasting analyst job description example 3
1-800-Flowers.com forecasting analyst job description
Manages and maintains inventory, ordering, item set up, costing, and forecasting for the Napco and BloomNet wholesale brands.
Primary Responsibilities
* Inventory Forecasting & placement of orders with suppliers
* Order tracking of imports and status
* Inventory Costing with Oracle
* Coordination with other departments involved in order handling, processing, labeling, online, routing, billing, and tracking
* New Product Line set up with internal systems
* Re-orders of existing products
* Work with sales teams on major accounts to ensure appropriate orders are filled
* Reporting and trending of daily, weekly, and monthly metrics including but not limited to sell through of inventory, aging of inventory and other key metrics
* Communicate to management, sales teams and Customer Service appropriate metrics and trends
* Participate and present to Senior Management when appropriate
Job Qualifications
* Well-organized and extremely well spoken
* Strong working knowledge of the MS Office Suite of products
* Must be able to prepare, generate, manipulate, and analyze detailed reports and departmental metrics.
* Ability to work in a high pressure, fast-paced environment effectively is essential.
* Proven work experience as an Inventory Clerk or similar role
* Excellent math and analytical skills
About Napco
For more than 80 years, Napco has been the go-to source for products designed to optimize sales and revenue opportunities for florists, garden centers and other businesses throughout the floral industry. Each year, Napco introduces new and innovative items, many of which are exclusive designs. The brand's product line includes floral containers in virtually all shapes, sizes and colors, along with decorative accents, sympathy products, garden accessories, glassware, and trend-forward products for holidays and other special occasions.
Our Commitment to Diversity
At 1-800-FLOWERS.COM, Inc., we seek to inspire more human expression, connection and celebration -- for everyone. This means fostering a culture of inclusion where our team members, customers and partners feel respected, valued and empowered. We believe that embracing diversity, and celebrating the uniqueness of every individual, makes us a better company.
Primary Responsibilities
* Inventory Forecasting & placement of orders with suppliers
* Order tracking of imports and status
* Inventory Costing with Oracle
* Coordination with other departments involved in order handling, processing, labeling, online, routing, billing, and tracking
* New Product Line set up with internal systems
* Re-orders of existing products
* Work with sales teams on major accounts to ensure appropriate orders are filled
* Reporting and trending of daily, weekly, and monthly metrics including but not limited to sell through of inventory, aging of inventory and other key metrics
* Communicate to management, sales teams and Customer Service appropriate metrics and trends
* Participate and present to Senior Management when appropriate
Job Qualifications
* Well-organized and extremely well spoken
* Strong working knowledge of the MS Office Suite of products
* Must be able to prepare, generate, manipulate, and analyze detailed reports and departmental metrics.
* Ability to work in a high pressure, fast-paced environment effectively is essential.
* Proven work experience as an Inventory Clerk or similar role
* Excellent math and analytical skills
About Napco
For more than 80 years, Napco has been the go-to source for products designed to optimize sales and revenue opportunities for florists, garden centers and other businesses throughout the floral industry. Each year, Napco introduces new and innovative items, many of which are exclusive designs. The brand's product line includes floral containers in virtually all shapes, sizes and colors, along with decorative accents, sympathy products, garden accessories, glassware, and trend-forward products for holidays and other special occasions.
Our Commitment to Diversity
At 1-800-FLOWERS.COM, Inc., we seek to inspire more human expression, connection and celebration -- for everyone. This means fostering a culture of inclusion where our team members, customers and partners feel respected, valued and empowered. We believe that embracing diversity, and celebrating the uniqueness of every individual, makes us a better company.
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Updated March 14, 2024
Updated March 14, 2024