Master the art of demand forecasting with this detailed course, focusing on predictive techniques and data-driven decision-making to optimize inventory and meet market demands efficiently.
Introduction to Forecasting Models
Factors Influencing Demand
Self-Paced Learning: Reading on basic forecasting methods
Time Series Analysis
Regression Models
Live Online: Exercise on building a regression model
The Role of AI and Machine Learning
Case Study: Integrating new technologies into traditional forecasting
Self-Paced Learning: Trends in technology-based forecasting
Sales and Operations Planning (S&OP)
Collaborative Planning, Forecasting, and Replenishment (CPFR)
Live Online: Role-play on collaborative forecasting sessions
Risk Management Strategies in Forecasting
Continuous Improvement and Feedback Loops
Live Online: Workshop on scenario planning for demand uncertainties
To understand various forecasting models and their applications.
To enhance skills in using statistical methods for accurate demand predictions.
To incorporate technology and data analytics in forecasting processes.
Demand Planners
Supply Chain Managers
Inventory Managers
Business Analysts
Improve demand forecasting knowledge and skills.
Enhance data collection and analysis techniques.
Optimize forecasting system implementation.
Boost personal and professional growth in demand forecasting.