Material Forecasting Analyst III Salary in the United States

FAQ about Material Forecasting Analyst III

1. Where can a Material Forecasting Analyst III earn the most?

A Material Forecasting Analyst III'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 III earns the most in San Jose, CA, where the annual salary of a Material Forecasting Analyst III is $126,667.

2. What is the highest pay for Material Forecasting Analyst III?

The highest pay for Material Forecasting Analyst III is $122,893.

3. What is the lowest pay for Material Forecasting Analyst III?

The lowest pay for Material Forecasting Analyst III is $76,469.

4. What are the responsibilities of Material Forecasting Analyst III?

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. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience.