Skills & Competencies for Forecast Planning Manager

Forecast Planning Manager job profile

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JOB SUMMARY for Forecast Planning Manager

Manages the organization's forecast planning function using inventory levels, production speed, and product demand to estimate output.

JOB RESPONSIBILITIES for Forecast Planning Manager

Gathers and evaluates data to develop solutions for increasing production. May work with vendors, customers, and other departments within the organization to determine optimal inventory levels.

Forecast Planning Manager SALARY RANGE

BASE 50%
$116,645
TOTAL 50%
$125,794
Job Level
M02
Job Code
MM18000138
Education/Degree
Bachelor's Degree
Reports To
Director or Head of a Unit/Department

Forecast Planning Manager Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Forecast Planning Manager skill and competencie below to view definitions.
JOB FAMILY COMPETENCIES CORE COMPETENCIES
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9 general skills or competencies (Job family competencies) for Forecast Planning Manager

1 Job Family Competencies – Business Intelligence
Proficiency Level -3
Skill definition-Evaluating business data, translating it to actionable insights, and using it to make better-informed decisions.
Level 1 Behaviors
(General Familiarity)
Compiles a list of the basic processes to navigate business intelligence dashboards and tools.
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Level 2 Behaviors
(Light Experience)
Assists in developing enterprise business intelligence applications to collect large amounts of data.
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Level 3 Behaviors
(Moderate Experience)
Implements complex analysis solutions to support the business intelligence environment.
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Level 4 Behaviors
(Extensive Experience)
Aligns the business capability requirements to the business intelligence and data strategy roadmaps.
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Level 5 Behaviors
(Mastery)
Champions the adoption of advanced business intelligence tools to promote the data dissemination process.
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2 Job Family Competencies – Distribution Management
Proficiency Level -3
Skill definition-Supervising and monitoring the movement of finished products from the supplier to the end user to avoid delivery delays and inventory shortages.
Level 1 Behaviors
(General Familiarity)
Cites common challenges and risks in distribution management.
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Level 2 Behaviors
(Light Experience)
Collects all necessary information regarding supplies distribution.
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Level 3 Behaviors
(Moderate Experience)
Analyzes existing distribution processes and recommends changes for improvement.
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Level 4 Behaviors
(Extensive Experience)
Evaluates and modifies existing distribution procedures to reduce delivery times and costs.
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Level 5 Behaviors
(Mastery)
Champions the adoption of advanced tools and techniques to automate and optimize our distribution processes.
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3 Forecast Planning Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Forecast Planning Manager
Proficiency Level - 4
5 Competency for - Forecast Planning Manager
Proficiency Level - 5

9 soft skills or competencies (core competencies) for Forecast Planning Manager

1 Core Competencies – Business Acumen
Proficiency Level -2
Skill definition-Insight into our organization's business, goals, and values. Ability to design and implement initiatives that facilitate successful outcomes.
Level 1 Behaviors
(General Familiarity)
Describes the market conditions that impact the business.
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Level 2 Behaviors
(Light Experience)
Collects and compiles competitor information for competitive analysis.
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Level 3 Behaviors
(Moderate Experience)
Communicates financial insights that positively influence the business plan development process.
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Level 4 Behaviors
(Extensive Experience)
Evaluates and explains the financial aspects of a business initiative to different teams.
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Level 5 Behaviors
(Mastery)
Champions organizational change and digital transformation to drive higher business performance.
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2 Core Competencies – Budgeting
Proficiency Level -3
Skill definition-Applying specific policies, tools and practices to plan and prepare projected revenues, expenses, cash flows, and capital expenditures.
Level 1 Behaviors
(General Familiarity)
Describes the procedures for capital and expense allocation and budgeting.
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Level 2 Behaviors
(Light Experience)
Gathers data from financial statements to help create budget plans and improve budgeting strategies.
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Level 3 Behaviors
(Moderate Experience)
Implements strategic operational efficiencies and techniques for conducting successful budgeting.
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Level 4 Behaviors
(Extensive Experience)
Evaluates past decisions on budgetary considerations to improve the budgeting process.
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Level 5 Behaviors
(Mastery)
Develops financial models to support the strategic improvement of our budgeting processes.
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3 Forecast Planning Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Forecast Planning Manager
Proficiency Level - 4
5 Competency for - Forecast Planning Manager
Proficiency Level - 5

Summary of Forecast Planning Manager skills and competencies

There are 0 hard skills for Forecast Planning Manager.
9 general skills for Forecast Planning Manager, Business Intelligence, Distribution Management, Inventory Control, etc.
9 soft skills for Forecast Planning Manager, Business Acumen, Budgeting, Planning and Organizing, etc.
While the list totals 18 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Forecast Planning Manager, he or she needs to be proficient in Business Acumen, be skilled in Budgeting, and be skilled in Planning and Organizing.

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