Forecaster Job Description
Forecaster Job Description Template
Forecasters analyze data to predict future trends and outcomes. Responsibilities include conducting research, interpreting data, and presenting findings. Tasks involve statistical analysis, report generation, and strategic planning.
Responsibilities:
- Analyze historical data and current trends to forecast future sales, demand, and inventory levels
- Collaborate with sales, marketing, and production teams to gather information and insights
- Develop statistical models and algorithms to improve forecasting accuracy
- Monitor and evaluate the performance of forecasting models and adjust them as necessary
- Communicate forecasting results and recommendations to key stakeholders
- Identify and report on potential risks and opportunities for the business based on forecasting results
- Stay up-to-date with industry developments and best practices in forecasting techniques and technology
Requirements:
- Strong analytical skills and numerical abilities to analyze complex data sets
- Ability to perform statistical analysis and create forecasting models
- Excellent communication skills to present findings and recommendations to stakeholders
- Knowledge of industry trends and market conditions to understand the factors affecting the forecast
- Proficiency in using forecasting software and tools
- Strong attention to detail to ensure accuracy of forecasts
- Ability to work under pressure and meet tight deadlines
- Bachelor's degree in statistics, mathematics, economics, or a related field; advanced degree or relevant certification is a plus
