FAQ about Material Forecasting Analyst II
1. Where can a Material Forecasting Analyst II earn the most?
A Material Forecasting Analyst II's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Material Forecasting Analyst II earns the most in San Jose, CA, where the annual salary of a Material Forecasting Analyst II is $107,135.
2. What is the highest pay for Material Forecasting Analyst II?
The highest pay for Material Forecasting Analyst II is $103,313.
3. What is the lowest pay for Material Forecasting Analyst II?
The lowest pay for Material Forecasting Analyst II is $65,445.
4. What are the responsibilities of Material Forecasting Analyst II?
Develops, validates, and maintains material demand forecasts and models based on production schedules, bills of materials, and consumption patterns. Analyzes material demand requirements to support production planning, procurement, and inventory optimization. Monitors inventory levels, lead times, and usage trends to identify shortages or excess risks. Collaborates with production planning, procurement, and suppliers to align material availability with demand signals. Monitors forecast accuracy and material availability metrics to support continuous improvement. Prepares material demand reports and recommendations for planners and buyers. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience.