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Forecaster Jobs (NOW HIRING)

Job Purpose The Forecast Analyst will be responsible for analyzing forecasting requirements and initiating appropriate forecast trend models for the Aftermarket organization. This position will ...

Job Purpose The Forecast Analyst will be responsible for analyzing forecasting requirements and initiating appropriate forecast trend models for the Aftermarket organization. This position will ...

The Strategic Forecaster & Capacity Planner is responsible for developing accurate forecasts, analyzing trends, and creating capacity plans that ensure staffing aligns with expected call volume and ...

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The Strategic Forecaster & Capacity Planner is responsible for developing accurate forecasts, analyzing trends, and creating capacity plans that ensure staffing aligns with expected call volume and ...

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Forecaster information

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$47K

$65.4K

$113K

How much do forecaster jobs pay per year?

As of Jul 1, 2026, the average yearly pay for forecaster in the United States is $65,382.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,000.00 and $63,000.00 per year, depending on experience, location, and employer.

What is the difference between Forecaster vs Data Analyst?

AspectForecasterData Analyst
Required credentialsBachelor's degree in statistics, economics, or related field; often some certification in forecasting methodsBachelor's degree in data science, statistics, or related field; certifications like Microsoft Certified Data Analyst are common
Work environmentFinancial institutions, government agencies, or corporations focusing on predictive modelingVarious industries including marketing, finance, healthcare, analyzing data sets to derive insights
Employer usageUsed to predict trends, sales, or economic indicatorsUsed to interpret data, generate reports, and support decision-making

While both roles involve working with data, forecasters primarily focus on predicting future trends using statistical models, whereas data analysts analyze existing data to provide insights. The roles often overlap, but forecasters are more specialized in predictive modeling, especially in finance and economics, while data analysts have a broader scope in data interpretation across industries.

How does a Forecaster typically collaborate with other departments to ensure accurate predictions?

Forecasters often work closely with teams such as operations, sales, and supply chain to gather relevant data and align on business objectives. Regular meetings and data-sharing sessions help ensure that forecasts are based on the most current information and that all departments understand the implications of predicted trends. This cross-functional collaboration is essential for producing reliable forecasts and for quickly adapting to unexpected changes. Building strong relationships with other departments also helps Forecasters advocate for necessary adjustments to strategies based on their analyses.

Is forecasting a good career?

Forecasting is a viable career that involves analyzing data and using statistical tools to predict future trends, often requiring skills in mathematics, economics, or meteorology. It offers opportunities in industries such as finance, weather services, and supply chain management, with roles typically requiring proficiency in data analysis software and relevant certifications. The field can provide stable employment and growth potential for those with strong analytical abilities.

What are the key skills and qualifications needed to thrive as a Forecaster, and why are they important?

To thrive as a Forecaster, you need strong analytical skills, statistical knowledge, and typically a degree in meteorology, economics, or a related field. Familiarity with forecasting software, data modeling tools, and data visualization systems is essential. Attention to detail, critical thinking, and effective communication help forecasters interpret data accurately and present findings clearly. These skills and qualities are crucial for producing reliable forecasts that inform decision-making and help organizations or the public plan effectively.

How much money do forecasters make?

The average salary for a forecaster varies depending on experience, industry, and location, but typically ranges from $50,000 to $100,000 annually. Entry-level forecasters may earn less, while experienced professionals with specialized skills or certifications can earn higher salaries, especially in sectors like finance, meteorology, or data analysis.

How do you become a forecaster?

To become a forecaster, typically a bachelor's degree in meteorology, atmospheric science, or a related field is required. Gaining experience through internships, developing skills in data analysis and weather modeling, and obtaining certifications such as the Certified Broadcast Meteorologist credential can enhance job prospects. Proficiency with forecasting tools and strong communication skills are also important for success in this role.

What are forecasters?

Forecasters are professionals who analyze data and use models to predict future events or trends, most commonly related to weather, economics, or sales. They interpret information from various sources to provide accurate and timely predictions that help organizations and individuals make informed decisions. Forecasters often work with advanced technology and statistical tools to improve the reliability of their forecasts. Their work is essential in industries such as meteorology, finance, supply chain management, and emergency planning.

What does a forecaster do?

A forecaster analyzes data and uses models to predict future weather conditions, economic trends, or other variables depending on their field. They often utilize specialized software and require strong analytical skills to interpret data accurately and communicate forecasts effectively.
More about Forecaster jobs
Who are the top companies hiring for Forecaster jobs? The top employers for Forecaster jobs are:
What states have the most Forecaster jobs? States with the most job openings for Forecaster jobs include:
Infographic showing various Forecaster job openings in the United States as of June 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 75% Physical, and 25% Remote job distribution, with an average salary of $65,382 per year, or $31.4 per hour.
Supplychain Material Forecaster

Supplychain Material Forecaster

GCR Professional Services

Cambridge, MA โ€ข On-site

Other

Posted 25 days ago


Job description

The Supply Chain Material Forecaster is responsible for managing, planning, and executing the right volumes of materials, goods, and products to execute the Bill of Materials (BOM) based on the established budget, cost model, production schedule, and timeline for performance/production. This position is required to communicate and coordinate with multiple departments and serves as the liaison between teams ensuring a steady, cost-effective supply of components the accuracy of the data, and presenting to leadership. Responsibilities: - Utilize Material Requirements Planning (MRP) and Enterprise Resource Planning (ERP) systems (e.g., Oracle) to process forecasts, inventory levels, and production schedules.

- Prepare and deliver regular detailed reports on material forecasts including actuals, and open commitments that contribute to material estimates to complete (ETC) for relevant stakeholders within an accuracy band established with stakeholders. - Develop and evaluate material proposals in response to requests for proposals (RFPs), estimate material costs, validate the Bill of Materials, and solicit quotes from suppliers. - Create plans, forecast targets and schedules relating to materials required to meet operational requirements.

- Work with Supply Chain to facilitate a detailed and comprehensive analysis on material costs and identify opportunities for bulk discounts or cost savings from suppliers and make recommendations based on findings and analysis. - Reach out to Supplier base for additional information in support of forecast detail - Monitor forecast accuracy for variance between actuals and forecasted values, for continuous improvement and accuracy - Identify risks and opportunities, along with mitigation strategies to ensure forecast targets are met for Programs and Supply Chain - Participates in regular planning reviews, prepare data and presentations for ELT program discussions - Analyzes inventory levels and product demand to determine the amount of finished goods that will be produced and/or purchased. - Investigate and quantify potential drivers of forecast error, present findings, and devise methods to reduce error with each subsequent reforecast - Utilizes historical data on past production volumes, project timelines, and statistical methods to generate accurate forecasts.

- Create and present data analysis on how to meet company inventory and demand goals. - Regularly reviewing and updating forecasts based on changing project requirements and market conditions. Qualifications - Bachelors degree in business administration, Finance, Supply Chain Management, or 8+ years of experience in related field preferred.

- Minimum 3-5 years demonstrated work experience in government contracting and Material Management, Operations, Supply Chain, or related field. - Familiarity with government procurement regulations (FAR/DFARS), ITAR, and EAR. - Understanding of contract structure to include Work Breakdown Structure (WBS) and contract line items (CLINs).

- Basic understanding of accounting principles. - Strong analytical skills and ability to interpret complex data sets. - High proficiency with MS 365, particularly Excel for data modeling (v-lookup, pivot tables), and experience with MRP/ERP software.

PeopleSoft experience preferred. - Understanding of supply chain principles and inventory management best practices. - Excellent organizational and multitasking abilities in a fast-paced environment.

- Excellent communication and collaboration skills to work with cross-functional teams including finance, manufacturing, engineering and supply chain. - Experience in manufacturing or related industries is preferred.The Supply Chain Material Forecaster is responsible for managing, planning, and executing the right volumes of materials, goods, and products to execute the Bill of Materials (BOM) based on the established budget, cost model, production schedule, and timeline for performance/production. This position is required to communicate and coordinate with multiple departments and serves as the liaison between teams ensuring a steady, cost-effective supply of components the accuracy of the data, and presenting to leadership.

Responsibilities: - Utilize Material Requirements Planning (MRP) and Enterprise Resource Planning (ERP) systems (e.g., Oracle) to process forecasts, inventory levels, and production schedules. - Prepare and deliver regular detailed reports on material forecasts including actuals, and open commitments that contribute to material estimates to complete (ETC) for relevant stakeholders within an accuracy band established with stakeholders. - Develop and evaluate material proposals in response to requests for proposals (RFPs), estimate material costs, validate the Bill of Materials, and solicit quotes from suppliers.

- Create plans, forecast targets and schedules relating to materials required to meet operational requirements. - Work with Supply Chain to facilitate a detailed and comprehensive analysis on material costs and identify opportunities for bulk discounts or cost savings from suppliers and make recommendations based on findings and analysis. - Reach out to Supplier base for additional information in support of forecast detail - Monitor forecast accuracy for variance between actuals and forecasted values, for continuous improvement and accuracy - Identify risks and opportunities, along with mitigation strategies to ensure forecast targets are met for Programs and Supply Chain - Participates in regular planning reviews, prepare data and presentations for ELT program discussions - Analyzes inventory levels and product demand to determine the amount of finished goods that will be produced and/or purchased.

- Investigate and quantify potential drivers of forecast error, present findings, and devise methods to reduce error with each subsequent reforecast - Utilizes historical data on past production volumes, project timelines, and statistical methods to generate accurate forecasts. - Create and present data analysis on how to meet company inventory and demand goals. - Regularly reviewing and updating forecasts based on changing project requirements and market conditions.

Qualifications - Bachelors degree in business administration, Finance, Supply Chain Management, or 8+ years of experience in related field preferred. - Minimum 3-5 years demonstrated work experience in government contracting and Material Management, Operations, Supply Chain, or related field. - Familiarity with government procurement regulations (FAR/DFARS), ITAR, and EAR.

- Understanding of contract structure to include Work Breakdown Structure (WBS) and contract line items (CLINs). - Basic understanding of accounting principles. - Strong analytical skills and ability to interpret complex data sets.

- High proficiency with MS 365, particularly Excel for data modeling (v-lookup, pivot tables), and experience with MRP/ERP software. PeopleSoft experience preferred. - Understanding of supply chain principles and inventory management best practices.

- Excellent organizational and multitasking abilities in a fast-paced environment. - Excellent communication and collaboration skills to work with cross-functional teams including finance, manufacturing, engineering and supply chain. - Experience in manufacturing or related industries is preferred.