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Mastering Demand Forecasting for Supply Chain Risk Management

Mastering Demand Forecasting for Supply Chain Risk Management

$199.00
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Mastering Demand Forecasting for Supply Chain Risk Management



Course Overview

This comprehensive course is designed to equip you with the knowledge and skills needed to master demand forecasting for supply chain risk management. With a focus on interactive and engaging learning, you'll gain practical experience and actionable insights to improve your organization's supply chain resilience.



Course Highlights

  • Interactive and engaging learning experience
  • Comprehensive curriculum covering 80+ topics
  • Personalized learning with expert instructors
  • Up-to-date and practical content with real-world applications
  • High-quality content and certification upon completion
  • Flexible learning with lifetime access and mobile accessibility
  • Community-driven with gamification and progress tracking
  • Hands-on projects and bite-sized lessons


Course Outline

Module 1: Introduction to Demand Forecasting

  • Defining demand forecasting and its importance in supply chain management
  • Understanding the role of demand forecasting in supply chain risk management
  • Overview of demand forecasting techniques and methodologies
  • Introduction to key performance indicators (KPIs) for demand forecasting

Module 2: Demand Forecasting Fundamentals

  • Understanding customer behavior and market trends
  • Analyzing historical data and identifying patterns
  • Using statistical models for demand forecasting
  • Introduction to machine learning and artificial intelligence in demand forecasting

Module 3: Demand Forecasting Techniques

  • Naive methods: moving averages and exponential smoothing
  • Time series analysis: ARIMA, SARIMA, and ETS
  • Regression analysis: linear and nonlinear regression
  • Machine learning algorithms: neural networks and decision trees

Module 4: Data Analysis and Visualization

  • Importing and cleaning data
  • Data visualization: plots, charts, and graphs
  • Using data visualization tools: Tableau, Power BI, and D3.js
  • Best practices for data visualization in demand forecasting

Module 5: Demand Forecasting Software and Tools

  • Overview of demand forecasting software: SAP, Oracle, and Manhattan Associates
  • Using Excel and Google Sheets for demand forecasting
  • Introduction to open-source demand forecasting tools: R and Python
  • Evaluating and selecting demand forecasting software

Module 6: Collaborative Planning, Forecasting, and Replenishment (CPFR)

  • Introduction to CPFR and its benefits
  • Understanding the CPFR process: planning, forecasting, and replenishment
  • Implementing CPFR in your organization
  • Best practices for CPFR

Module 7: Supply Chain Risk Management

  • Understanding supply chain risk: types and sources
  • Identifying and assessing supply chain risk
  • Mitigating supply chain risk: strategies and tactics
  • Using demand forecasting to manage supply chain risk

Module 8: Advanced Demand Forecasting Topics

  • Using weather and seasonal data in demand forecasting
  • Incorporating external data: economic indicators and market trends
  • Using machine learning for demand forecasting: advanced techniques
  • Introduction to simulation and optimization techniques

Module 9: Implementation and Sustainment

  • Implementing demand forecasting in your organization
  • Change management and stakeholder engagement
  • Sustaining and improving demand forecasting over time
  • Best practices for demand forecasting implementation and sustainment

Module 10: Certification and Final Project

  • Final project: applying demand forecasting concepts to a real-world scenario
  • Preparing for the certification exam
  • Taking the certification exam and receiving your certificate
  • Career development and continuing education


Certification

Upon completion of the course, participants will receive a certificate issued by The Art of Service. This certificate is a testament to your knowledge and skills in demand forecasting for supply chain risk management.



Why Choose This Course?

  • Comprehensive curriculum covering 80+ topics
  • Interactive and engaging learning experience
  • Personalized learning with expert instructors
  • Up-to-date and practical content with real-world applications
  • High-quality content and certification upon completion
  • Flexible learning with lifetime access and mobile accessibility
  • Community-driven with gamification and progress tracking
  • Hands-on projects and bite-sized lessons
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