Material Forecasting Manager Salary in the United States

FAQ about Material Forecasting Manager

1. Where can a Material Forecasting Manager earn the most?

A Material Forecasting Manager'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 Manager earns the most in San Jose, CA, where the annual salary of a Material Forecasting Manager is $157,722.

2. What is the highest pay for Material Forecasting Manager?

The highest pay for Material Forecasting Manager is $156,770.

3. What is the lowest pay for Material Forecasting Manager?

The lowest pay for Material Forecasting Manager is $94,717.

4. What are the responsibilities of 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. 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. 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. 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. 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.