Carry out statistical forecasts

Undertake a systematic statistical examination of data representing past observed behaviour of the system to be forecast, including observations of useful predictors outside the system.

carrying out statistical forecasts
oversee statistical forecasts
complete statistical forecasts
make statistical forecasts
carrying out a statistical forecast
carry out a statistical forecast
undertake statistical forecasts

skill/competence

cross-sector

Carry out statistical forecasts is an essential skill of the following occupations:

Electronic and telecommunications equipment and parts distribution manager: Electronic and telecommunications equipment and parts distribution managers plan the distribution of electronic and telecommunications equipment and parts to various points of sales.
Textile industry machinery distribution manager: Textile industry machinery distribution managers plan the distribution of textile industry machinery to various points of sales.
Actuarial assistant: Actuarial assistants perform statistical data research in order to set premium rates and insurance policies. They review the possibility of accidents, injuries and property damage by using statistical formulas and models.
Flowers and plants distribution manager: Flowers and plants distribution managers plan the distribution of flowers and plants to various points of sales.
Computers, computer peripheral equipment and software distribution manager: Computers, computer peripheral equipment and software distribution managers plan the distribution of computers, computer peripheral equipment and software to various points of sales.
Pharmaceutical goods distribution manager: Pharmaceutical goods distribution managers plan the distribution of pharmaceutical gooods to various points of sales.
Live animals distribution manager: Live animals distribution managers plan the distribution of live animals to various points of sales.
Fish, crustaceans and molluscs distribution manager: Fish, crustaceans and molluscs distribution managers plan the distribution of fish, crustaceans and molluscs to various points of sales.
Call centre analyst: Call centre analysts examine data regarding incoming or outgoing customer calls. They prepare reports and visualisation.
China and glassware distribution manager: China and glassware distribution managers plan the distribution of china and glassware to various points of sales.
Trade regional manager: Trade regional managers are responsible for activities and staff in an assigned region for a specific chain of stores.

Agricultural raw materials, seeds and animal feeds distribution manager: Agricultural raw materials, seeds and animal feeds distribution managers plan the distribution of agricultural raw materials, seeds and animal feeds to various points of sales.
ICT capacity planner: ICT capacity planners ensure that the capacity of ICT services and ICT infrastructure is able to deliver agreed service level targets in a cost effective and timely manner. They also consider all resources required to deliver the appropriate ICT service, and plan for short, medium, and long term business requirements.
Wood and construction materials distribution manager: Wood and construction materials distribution managers plan the distribution of wood and construction materials to various points of sales.
Metals and metal ores distribution manager: Metals and metal ores distribution managers plan the distribution of metals and metal ores to various points of sales.
Textiles, textile semi-finished and raw materials distribution manager: Textiles, textile semi-finished and raw materials distribution managers plan the distribution of goods to various points of sales.
Economic adviser: Economic advisers research economic developments and advise on economic problems. They forecast trends and behaviour in economics, and advise on finance, trade, fiscal and other related matters. They advise companies and organisations on techniques to gain economic profit.
Tobacco products distribution manager: Tobacco products distribution managers plan the distribution of tobacco products to various points of sales.
Clothing and footwear distribution manager: Clothing and footwear distribution managers plan the distribution of clothing and footwear to various points of sales.
Distribution manager: Distribution managers plan the distribution of goods to various points of sales.
Watches and jewellery distribution manager: Watches and jewellery distribution managers plan the distribution of watches and jewellery to various points of sales.Watches and jewellery distribution managers plan the distribution of watches and jewellery to various points of sales.
Specialised goods distribution manager: Specialised goods distribution managers plan, coordinate and manage the distribution of specialised goods to various points of sales. They oversee employees and ensure that operations run efficiently such as the storage, transportation and delivery of specialised goods.
Fruit and vegetables distribution manager: Fruit and vegetables distribution managers plan the distribution of fruit and vegetables to various points of sales.
Hides, skins and leather products distribution manager: Hides, skins and leather products distribution managers plan the distribution of hides, skins and leather products to various points of sales.
Chemical products distribution manager: Chemical products distribution managers plan the distribution of chemical products to various points of sales.
Machinery, industrial equipment, ships and aircraft distribution manager: Machinery, industrial equipment, ships and aircraft distribution managers plan the distribution of machinery, industrial equipment, ships and aircraft to various points of sales.
Waste and scrap distribution manager: Waste and scrap distribution managers plan the distribution of goods to various points of sales.
Household goods distribution manager: Household goods distribution managers plan the distribution of household goods to various points of sales.
Transport engineer: Transport engineers design and set the engineering specifications for the construction and development of roadways and transport infrastructure. They apply engineering concepts and knowledge for developing sustainable and efficient modes of transportation ranging from roads to canals, railways, and airports.
Mining, construction and civil engineering machinery distribution manager: Mining, construction and civil engineering machinery distribution managers plan the distribution of mining, construction and civil engineering machinery to various points of sales.
Credit risk analyst: Credit risk analysts manage individual credit risk and care for fraud prevention, business deal analysis, legal documents analysis and recommendations on the level of the risk.
Perfume and cosmetics distribution manager: Perfume and cosmetics distribution managers plan the distribution of perfume and cosmetics to various points of sales.
Furniture, carpets and lighting equipment distribution manager: Furniture, carpets and lighting equiment distribution managers plan the distribution of furniture, carpets and lighting equiment to various points of sales.
Dairy products and edible oils distribution manager: Dairy products and edible oils distribution managers plan the distribution of dairy products and edible oils to various points of sales.
Hardware, plumbing and heating equipment and supplies distribution manager: Hardware, plumbing and heating equipment and supplies distribution managers plan the distribution of hardware, plumbing and heating equipment and supplies to various points of sales.
Electrical household appliances distribution manager: Electrical household appliances distribution managers plan the distribution of electrical household appliances to various points of sales.
Beverages distribution manager: Beverages distribution managers plan the distribution of beverages to various points of sales.
Agricultural machinery and equipment distribution manager: Agricultural machinery and equipment distribution managers plan the distribution of agricultural machinery and equipment to various points of sales.
Pricing specialist: Pricing specialists analyse production prices, market trends and competitors in order to establish the right price, taking brand and marketing concepts into consideration.

Sugar, chocolate and sugar confectionery distribution manager: Sugar, chocolate and sugar confectionery distribution managers plan the distribution of sugar, chocolate and sugar confectionery to various points of sales.
Meat and meat products distribution manager: Meat and meat products distribution managers plan the distribution of meat and meat products to various points of sales.
Coffee, tea, cocoa and spices distribution manager: Coffee, tea, cocoa and spices distribution managers plan the distribution of coffee, tea, cocoa and spices to various points of sales.

Carry out statistical forecasts is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.

Purchasing manager: Purchasing managers are in charge of buying goods, equipment and services for their company, and try to ensure the most competitive prices. They are also responsible for negotiating contracts, reviewing the quality of products and analyzing suppliers , and the use and resale of goods and services.
Mathematician: Mathematicians study and deepen existing mathematical theories in order to expand the knowledge and find new paradigms within the field. They can apply this knowledge to challenges presented in engineering and scientific projects in order to assure that measurements, quantities, and mathematic laws prove their viability.
Financial risk analyst: Financial risk analysts correctly identify and review potential risk areas threatening the assets or capital of organisations. They specialise in either credit, market, operational or regulatory risk analysis. They use statistical analysis to evaluate risk, make recommendations to reduce and control risk and review documentation for legal compliance.
Chief information officer: Chief information officers define and implement the ICT strategy and governance. They determine necessary resources for the ICT strategy implementation, anticipate ICT market evolutions and company business needs. They contribute to the development of the organisation’s strategic plan and ensure that the ICT infrastructure supports the organisation’s overall operations and priorities.
Economic development coordinator: Economic development coordinators outline and implement policies for the improvement of a community’s, government’s or institution’s economic growth and stability. They research economic trends and coordinate cooperation between institutions working in economic development. They analyse potential economic risks and conflicts and develop plans to resolve them. Economic development coordinators advise on the economic sustainability of institutions and economic growth.
Supply chain manager: Supply chain managers plan, manage and coordinate all activities related to the sourcing and procurement of supplies needed to run manufacturing operations from the acquisition of raw materials to the distribution of finished products. The supplies can be raw materials or finished products, and it can be for internal or external use. Moreover, they plan and commission all the activities needed to be performed in manufacturing plants and adjust operations to changing levels of demand for a company’s products.
Statistician: Statisticians collect, tabulate, and, most importantly, analyse quantitative information coming from a varied array of fields. They interpret and analyse statistical studies on fields such as health, demographics, finance, business, etc. and advise based on patterns and drawn analysis.
ICT buyer: ICT buyers create and place purchase orders for ICT products and services, handle receiving and invoice issues, assess current procurement practices and effectively apply strategic sourcing methodologies. They build relationships with strategic vendors and negotiate price, quality, service levels and delivery terms.
Statistical assistant: Statistical assistants collect data and use statistical formulas to execute statistical studies and create reports. They create charts, graphs and surveys.
Civil engineer: Civil engineers design, plan, and develop technical and engineering specifications for infrastructure and construction projects. They apply engineering knowledge in a vast array of projects, from the construction of infrastructure for transportation, housing projects, and luxury buildings, to the construction of natural sites. They design plans that seek to optimise materials and integrate specifications and resource allocation within the time constraints.
Purchase planner: Purchase planners organise the continuous supply with goods out of existing contracts.

References

1. Carry out statistical forecasts – ESCO