Also referred to as:
Material Demand Planning Manager, Raw Material Forecasting Manager
Requirements and Responsibilities
Material Forecasting Manager manages material demand forecasting activities to ensure the availability of materials while optimizing inventory investment. Develops and improves material forecasting models, planning parameters, and replenishment strategies. Being a Material Forecasting Manager coordinates with production planning, procurement, and suppliers to align material demand with manufacturing schedules. Reviews material demand accuracy, inventory performance, and supply risks to drive corrective actions. Additionally, Material Forecasting Manager leads initiatives to improve forecasting tools, data quality, and planning processes. Develops and mentors materials planning and forecasting staff. Requires a bachelor's degree. Typically reports to a director. The Material Forecasting Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Material Forecasting Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
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