Forecaster jobs
It’s one thing to keep on top of all the activities a business has carried out – there’s a paper trail to create very precise reports - but it’s quite another to gauge events in the future. However, knowing as much as possible about the future financial direction of a company is just as important, and if it’s done well, it can allow spending and investment decisions to be made with confidence. It can even allow a company to steal a march on the competition.
The forecaster in a supply chain operation will be in charge of gathering as much data as possible to create accurate predictions of the direction of the company’s activities. This will be through a combination of internal factors, such as sales targets, staffing and investments and external factors such as government policy, infrastructural projects and general economic outlook.
The data will then be used to create forecasts which can be employed by the planning team to guide the company’s future direction. Of course, no plan survives first contact with the enemy, and forecasts may need to be constantly refined as more and more information becomes available. However the forecaster’s reputation will be determined by the accuracy and precision of his or her work.
The skills required
Analysis will be at the heart of the forecaster’s daily work. Knowing which data are relevant and applying them to the calculations in line with the event being forecasted will be key to his or her success. Some forecasters will have a team of data analysts, each with their own sectors, to help with the task, while others will be required to source the data themselves. Ongoing monitoring will be an important part of the job, too. All forecasting is really the abstraction of past and present data to seek out trends and patterns, so when these change, so will the forecasts. It is important that mechanisms are set in place to alert the forecaster to key events which will affect the predictions.
Most of the work will be done at the desk using various IT solutions from web browsers, databases and spreadsheets to gather data to forecasting software or spreadsheets to perform the projection calculations. Good IT skills will therefore be required.
Finally, as the predictions are worthless if they are not presented properly, interpersonal and communication skills will be the final element of the forecaster’s makeup.
Forecaster Jobs in Hastings
Hastings has no historical claims on the UK’s culture – unless you count a minor scuffle in 1066 that changed the rulers of the nation forever. In fact, the main battle took place on a Senlac Hill, about 6 miles (10 km) to the northwest of the town, but it’s known to generations of schoolchildren as the Battle of Hastings. Perhaps if Harold had not needed to take his army north to repel an invasion of Norsemen just as the Norman invasion was happening, the battle, and British history, would have been very different. And that probably means we wouldn’t all be here, so we owe the Norwegians one!
The town became an important fishing village as time progressed, and fishing still plays a part in the town, and the largest beach-based fishing fleet in Europe is based there. The town, like many seaside towns, thrived during the Victorian period, especially when the railway came, and Hastings was one of a string of popular holiday destinations along the south coast. It still remains so.
Hastings is a relatively large town, with a static population approaching 100,000. Its tourism industry is its largest employer, but fishing and its related industries is still quite important. Around the town there are many small businesses and a few retail and industrial parks. The diversity of industry and the population that changes seasonally means that Forecaster jobs do appear from time to time in Hastings, so it is always worth checking with us to see if anything is in the pipeline in or around the town.
Popular locations
Cast UK’s supply chain opportunities
Applicants approach Cast UK for many reasons, whether seeking more job fulfilment or simply relocating for personal reasons, so it’s good to know that we always have the complete range of positions available nationwide. Please see what’s available in your region and if you’ve seen something you’re interested in, do get in touch – whether it’s today or tomorrow, we might have the ideal position for you.
Cast UK’s founder members and consultants all come from the logistics, procurement and supply chain sectors, so we know what employers and candidates are looking for in their staff and careers respectively. Cast UK is growing in this part of the UK recruitment industry, mainly because these are the only sectors we deal with, which means that many employers come to us first to create a candidate shortlist because they know we’re tightly focused on delivering the best people to them.
To find out more about how Cast UK can help you recruit a Forecaster for your business or find you a job as a Forecaster then contact one of our consultant team on 0333 121 3345.
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