You will ensure that the weekly & monthly forecast submission deadlines and allied reports are ... Analyze demand, ask questions, investigate, challenge demand forecast based on historical data ...
You will ensure that the weekly & monthly forecast submission deadlines and allied reports are ... Analyze demand, ask questions, investigate, challenge demand forecast based on historical data ...
Senior Financial Analyst
Southfield, MI · On-site
$78K - $97K/yr
Essential Functions Financial Planning & Forecasting * Support the annual budgeting process ... Analyze financial results and variances against budget, forecast, and prior periods. * Prepare ...
Senior Financial Analyst
Southfield, MI · On-site
$78K - $97K/yr
Essential Functions Financial Planning & Forecasting * Support the annual budgeting process ... Analyze financial results and variances against budget, forecast, and prior periods. * Prepare ...
Senior Financial Analyst
Southfield, MI · On-site
$78K - $97K/yr
Essential Functions Financial Planning & Forecasting * Support the annual budgeting process ... Analyze financial results and variances against budget, forecast, and prior periods. * Prepare ...
Senior Financial Analyst
Southfield, MI · On-site
$78K - $97K/yr
Essential Functions Financial Planning & Forecasting * Support the annual budgeting process ... Analyze financial results and variances against budget, forecast, and prior periods. * Prepare ...
AI-Driven Forecasting & Planning * Lead the development and implementation of AI-enabled forecasting solutions. * Apply machine learning, predictive analytics, and scenario modeling to improve ...
AI-Driven Forecasting & Planning * Lead the development and implementation of AI-enabled forecasting solutions. * Apply machine learning, predictive analytics, and scenario modeling to improve ...
Financial Analyst
Troy, MI · On-site
Lead the budgeting and forecasting processes for the product development (PD) team, ensuring alignment with overall business strategy and financial goals. * Perform detailed financial analysis on ...
Financial Analyst
Troy, MI · On-site
Lead the budgeting and forecasting processes for the product development (PD) team, ensuring alignment with overall business strategy and financial goals. * Perform detailed financial analysis on ...
Financial Analyst
Troy, MI · On-site
Lead the budgeting and forecasting processes for the product development (PD) team, ensuring alignment with overall business strategy and financial goals. * Perform detailed financial analysis on ...
Financial Analyst
Troy, MI · On-site
Lead the budgeting and forecasting processes for the product development (PD) team, ensuring alignment with overall business strategy and financial goals. * Perform detailed financial analysis on ...
Income Statement budgeting, forecasting, and actuals reporting activity * Cash flow budgeting, forecasting, and actuals reporting activity * Project analysis and controlling * Performing accounting ...
Income Statement budgeting, forecasting, and actuals reporting activity * Cash flow budgeting, forecasting, and actuals reporting activity * Project analysis and controlling * Performing accounting ...
Financial Analyst
Auburn Hills, MI · On-site
Income Statement budgeting, forecasting, and actuals reporting activity * Cash flow budgeting, forecasting, and actuals reporting activity * Project analysis and controlling * Performing accounting ...
Financial Analyst
Auburn Hills, MI · On-site
Income Statement budgeting, forecasting, and actuals reporting activity * Cash flow budgeting, forecasting, and actuals reporting activity * Project analysis and controlling * Performing accounting ...
Procurement Analyst
Midland, MI · On-site
The Procurement Analyst will serve as a critical analytical partner within the Supply Chain ... Spend forecasting: Develop and maintain spend forecasts based on historical purchasing activity ...
Procurement Analyst
Midland, MI · On-site
The Procurement Analyst will serve as a critical analytical partner within the Supply Chain ... Spend forecasting: Develop and maintain spend forecasts based on historical purchasing activity ...
Income Statement budgeting, forecasting, and actuals reporting activity * Cash flow budgeting, forecasting, and actuals reporting activity * Project analysis and controlling * Performing accounting ...
Income Statement budgeting, forecasting, and actuals reporting activity * Cash flow budgeting, forecasting, and actuals reporting activity * Project analysis and controlling * Performing accounting ...
The Procurement Analyst will serve as a critical analytical partner within the Supply Chain amp ... Spend forecasting: Develop and maintain spend forecasts based on historical purchasing activity ...
The Procurement Analyst will serve as a critical analytical partner within the Supply Chain amp ... Spend forecasting: Develop and maintain spend forecasts based on historical purchasing activity ...
Senior Financial Analyst
Auburn Hills, MI · On-site
$80K - $100K/yr
As a Sr. Financial Analyst, you will have the opportunity to develop financial skills ... Budgeting & Forecasting - Lead or support the annual budgeting process, quarterly forecasts, and ...
Senior Financial Analyst
Auburn Hills, MI · On-site
$80K - $100K/yr
As a Sr. Financial Analyst, you will have the opportunity to develop financial skills ... Budgeting & Forecasting - Lead or support the annual budgeting process, quarterly forecasts, and ...
Lead Analyst, Finance - Hybrid
Portage, MI · On-site
$77.70 - $129.50/hr
Lead budgeting, forecasting, long‑range planning, financial modeling, and reporting activities to ... Analyze revenue, contract performance, and financial trends to identify risks, opportunities, and ...
New
Lead Analyst, Finance - Hybrid
Portage, MI · On-site
$77.70 - $129.50/hr
Lead budgeting, forecasting, long‑range planning, financial modeling, and reporting activities to ... Analyze revenue, contract performance, and financial trends to identify risks, opportunities, and ...
New
Senior Financial Analyst
$81K - $101K/yr
The Senior Financial Analyst will play a key role in budgeting, forecasting, financial performance analysis, and special projects while serving as a resource and mentor to less-experienced analysts.
Senior Financial Analyst
$81K - $101K/yr
The Senior Financial Analyst will play a key role in budgeting, forecasting, financial performance analysis, and special projects while serving as a resource and mentor to less-experienced analysts.
FP&A Analyst The FP&A Analyst role provides broad exposure across Corporate FP&A, supporting financial planning, forecasting, reporting, and business analysis under the direction of FP&A leadership.
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Senior Financial Analyst
Boyne City, MI · On-site
$90K - $113K/yr
The Senior Financial Analyst will play a key role in budgeting, forecasting, financial performance analysis, and special projects while serving as a resource and mentor to less-experienced analysts.
Senior Financial Analyst
Boyne City, MI · On-site
$90K - $113K/yr
The Senior Financial Analyst will play a key role in budgeting, forecasting, financial performance analysis, and special projects while serving as a resource and mentor to less-experienced analysts.
Senior Business Partner Financial Planning & Analysis
Ann Arbor, MI · Hybrid
$83K - $104K/yr
The Senior Business Partner, FP&A - Global Labs will serve as the primary financial partner to NSF ... Own forecast, annual operating plan, and strategic plan reporting for the laboratories, ensuring ...
Senior Business Partner Financial Planning & Analysis
Ann Arbor, MI · Hybrid
$83K - $104K/yr
The Senior Business Partner, FP&A - Global Labs will serve as the primary financial partner to NSF ... Own forecast, annual operating plan, and strategic plan reporting for the laboratories, ensuring ...
Senior Business Partner Financial Planning & Analysis
Ann Arbor, MI · Hybrid
$83K - $104K/yr
The Senior Business Partner, FP&A - Global Labs will serve as the primary financial partner to NSF ... Own forecast, annual operating plan, and strategic plan reporting for the laboratories, ensuring ...
Senior Business Partner Financial Planning & Analysis
Ann Arbor, MI · Hybrid
$83K - $104K/yr
The Senior Business Partner, FP&A - Global Labs will serve as the primary financial partner to NSF ... Own forecast, annual operating plan, and strategic plan reporting for the laboratories, ensuring ...
FP&A Analyst
Novi, MI · On-site
FP&A Analyst The FP&A Analyst role provides broad exposure across Corporate FP&A, supporting financial planning, forecasting, reporting, and business analysis under the direction of FP&A leadership.
FP&A Analyst
Novi, MI · On-site
FP&A Analyst The FP&A Analyst role provides broad exposure across Corporate FP&A, supporting financial planning, forecasting, reporting, and business analysis under the direction of FP&A leadership.
Sr. Business Analyst
Fenton, MI · On-site
This role is responsible for full P&L ownership, including forecasting, variance analysis, job performance tracking, and ongoing financial analysis. The Sr. Business Analyst works directly with ...
Sr. Business Analyst
Fenton, MI · On-site
This role is responsible for full P&L ownership, including forecasting, variance analysis, job performance tracking, and ongoing financial analysis. The Sr. Business Analyst works directly with ...
Forecast Analyst information
See Michigan salary details
$33.6K - $40.8K
8% of jobs
$40.8K - $48.1K
3% of jobs
$48.1K - $55.3K
5% of jobs
$55.3K - $62.6K
6% of jobs
$65.8K is the 25th percentile. Wages below this are outliers.
$62.6K - $69.8K
5% of jobs
$69.8K - $77.1K
1% of jobs
$77.1K - $84.3K
1% of jobs
$84.3K - $91.6K
9% of jobs
$91.6K - $98.8K
0% of jobs
$98.8K - $106.1K
1% of jobs
The median wage is $107.3K / yr.
$106.1K - $113.3K
60% of jobs
$33.6K
$91.3K
$113.3K
How much do forecast analyst jobs pay per year?
What are some common challenges faced by forecast analysts, and how can they be addressed?
How much does a forecast analyst make?
What does a forecast analyst do?
The job duties of a forecast analyst involve using inventory, sales, and production data and information about economic and market trends to predict future market conditions and demand for products. In this career, you use research, statistics, and data for computer modeling to inform or confirm your predictions. Your responsibilities are to report your findings to your supervisor or department lead and recommend production methods and quantities to meet future demand and maximize profits. You develop reports, production targets, and recommendations with the help of other analysts and statisticians.
What are the key skills and qualifications needed to thrive as a forecast analyst, and why are they important?
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Full-time
Posted 9 days ago
Job description
Position Summary
As Supply Chain Statistical Analyst, you will be responsible and accountable for design, development and reporting of all supply chain measures enabling timely decision making.
You will drive operational excellence & provide a robust and fact-based 30 months rolling forecast.
You will coordinate cross-functional research activities and reconcile significant variances for its reduction and work on mitigation actions deployment and execution. You will ensure that the weekly & monthly forecast submission deadlines and allied reports are respected. You will lead and drive product life cycle activities ensure zero obsolescence.
Key Responsibilities
Demand Management
- Responsible for weekly update of arbitrated demand using specific tool (e.g. o9 - Demand Planning)
- Statistical Analyst & Reporting's through o9, PowerBi, PowerPoint presentations
- Analyze demand, ask questions, investigate, challenge demand forecast based on historical data, seasonality, market trends, external events, etc
- Manage and prepare statistical forecasts: gather, analyze and validate data
- Apply error analysis techniques to improve forecasting
- Check weekly demand vs sold capacity, demand variation vs tolerance and escalate deviations
- Take actions if incorrect EDI/demand (e.g. EDI/demand received for obsolete PNs)
- Work with Customer Desk Specialist and Sales Manager to validate EDI/Demand in case deviations are identified
- Analyze gap and seek convergence of short term / long term forecast
- Propose demand arbitrated volumes and validate them with Sales Team and Global Demand Planning
- Proactively monitor the demand and raise the flag in case of risks (demand variations)
- Use MAPE and BIAS for demand analysis and take actions to improve forecast accuracy
Demand Accuracy
- Weekly check MAPE and BIAS at PN level
- One Team: Discuss and align assumptions with CM at required & meaningful level
- Continuous Improvements: Follow defined standards and guidelines. Propose and implement improvements
- Check and address with improvement top offenders
Internal Alignment and Collaboration
- GEM deployment and its substance for business process excellence
- Drive annual SDP process and coordinate and lead key project through six sigma principles
- Collaborate with Supply Chain, Customer Desk Specials, Sales Team to align on demand forecast
- Ensure adherence to standard demand planning, PIPO, NPI process for meet assigned functional KPIs viz. MAPE, BIAS, Inventory, E&O, Premium Freight
- Actively participates in weekly demand planning, SIOP meetings with ensuring successful completion of assigned deliverables
- Lead, support & report statistical analysis on demand forecast and related KPIs
- Follow-up and adjust arbitrated demand in case change of references (dash change; phase in/phase out) to avoid excess and obsolete
Education / Qualifications
- Post Graduate & / Bachelor's degree on Business Administration, Engineering or related areas required
Experience
- Minimum 10+ years of relevant experience in demand planning or customer service, sales and supply chain
- Previous experience in the automotive industry preferred (OEM, Tier-I)
Key Skills and Knowledge
Technical Skills
- English proficiency level; Spanish, Portuguese proficiency added advantage
- Proficiency in statistics, forecasting and forecasting methods with an understanding of their financial and operational impacts
- Strong analytical skills
- ERP tools viz o9, SAP skills required and other software related to demand planning preferred
- Experienced with MS Office (Excel advanced, PowerPoint, PowerBi etc.)
- Presentation and communication skills
- Preferred - Six Sigma Green Belt Certification / equivalent certification
Behaviors
- Customer focus - understand and follow customer specific requirements
- Analyze and challenge forecast data, investigate variations
- Spot risks of forecast deviations and communicate internally, share information, collaborate and validate findings
- Self-learning, seek for continuous improvement
- Well organized to manage multiple competing priorities in parallel
- Work accurate and follow the weekly MOS
- Team player
Position Information
- Individual Contributor Role
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