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.
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.
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.
Famous as the birthplace of writers William Shakespeare and George Elliot, Warwickshire is located in the East Midlands and shares borders with a number of counties including Staffordshire, Leicestershire, Oxfordshire and Gloucestershire.
Home to a number of large settlements like Rugby, Nuneaton, Bedworth, Warwick, Leamington Spa and Stratford-on-Avon, Warwickshire offers a variety of options for those seeking Forecaster opportunities.
In addition, Birmingham is within an easy commute from the north-west of the county, making it perfect for those who wish to work in Britain's second city, but live away from the busy atmosphere.
For much of its past, Warwickshire's economy was based in the textile industry and manufacturing.
These days, the region relies heavily on industry and engineering, while the service sector, retail, power, technology and tourism are also important.
Rolls-Royce has an engineering works in the region, while the Rugby Cement Works is one of Europe's largest such facilities. Rangemaster stoves have been manufactured at the Eagle Foundry in Leamington Spa since 1851 and a number of video game designers are based in the area.
Other companies based in the region, or with large facilities here include IBM, Holland & Barrett, Volvo, ConocoPhillips and Bravissimo.
In addition, the National Grid's gas control centre is in Warwickshire, while Dairy Crest and RS Components have national distribution centres in Nuneaton.
Whether you're ready to take your career to the next level with a new Forecaster position in Warwickshire, or you're looking for new responsibilities and opportunities, the team at Cast UK can help you find a role that suits your skills and requirements.
Our team has broad experience in the procurement, supply chain and logistics sectors and we understand just what it takes to fill each role successfully. What's more, our team of regional specialists can advise on the various employers and job types in a particular area.
To find out more about how Cast UK can help you find and recruit candidates within Warwickshire or source a new job in Warwickshire then contact one of our consultant team on 0333 121 3345.
£40000.00 - £50000.00 per annum
A highly successful and up and coming business is looking for an experienced Supply Chain Manager to join their team.
£35000 - £40000 per annum + Benefits
Cast UK are supporting our prestigious client with the recruitment process of a Merchandiser to join their growing team based in Greater Manchester.
Up to £45000.00 per annum
Cast UK are supporting our client, who is a leading logistics business, in their recruitment process of a Site Operations Manager , based in East Sussex.
Up to £25000.00 per annum
Cast UK are supporting our client, who is a leading logistics business, in their recruitment process of a Operations Team Manager , based in East Sussex.
Lockhart Catering Equipment specialise in supplying high calibre and unique products through their superior brands, providing customers with innovation, inspiration, and differentiation.
Cast UK are working in partnership with Tri-Star Packaging, the UK's leading food-to-go packaging supplier.
£35000 - £45000 per annum
A busy manufacturing company in Bradford is looking to recruit a Master Production Scheduler to join their existing supply chain team.
£40000 - £50000 per annum
Our client is a global manufacturing business in the Cheltenham area, looking to appoint a Demand Planning professional into their established team.
£20000.00 - £23000.00 per annum + Benefits
Cast UK are supporting a growing client with the recruitment process of a Sales Executive to work within their busy operation based in Cardiff.