ADVANCED DEMAND PLANNING & FORECASTING FOR SUPPLY CHAIN OPTIMIZATION
Designed for learning. Built for impact.
Available both Physical and virtual
1ST BATCH: {date1}
2ND BATCH: {date2}
3RD BATCH: {date3}
Course Fee: 285000
Objective:
- Apply advanced demand forecasting models and analytical tools to improve forecasting accuracy
- Integrate demand forecasting into Sales and Operations Planning (S&OP) and supply chain decision-making
- Use predictive analytics to identify and respond proactively to demand changes
- Improve forecast accuracy through structured forecasting techniques and performance metrics
- Optimize supply chain resources to effectively manage demand variability and business growth
Content:
Demand Planning Fundamentals
- Introduction to demand planning and its role in supply chain management
- Key components of the demand planning process
- Types of demand forecasting models and their applications
- Introduction to statistical forecasting methodologies
Advanced Forecasting Techniques
- Regression analysis and its application in demand forecasting
- Exponential smoothing techniques
- Time-series forecasting methods
- Selecting the appropriate forecasting model for different business scenarios
Demand Planning and Inventory Optimization
- The relationship between demand forecasting and inventory optimization
- Demand-driven inventory replenishment strategies
- Balancing inventory levels to meet customer demand while minimizing costs
- Improving inventory performance through accurate demand planning
Sales and Operations Planning (S&OP)
- Understanding Sales and Operations Planning (S&OP)
- Aligning demand planning with business strategy and operational objectives
- Using demand forecasts to support production and distribution planning
- Enhancing cross-functional collaboration through integrated planning
Emerging Technologies and Predictive Analytics
- Artificial Intelligence (AI) and machine learning applications in demand forecasting
- Understanding external factors influencing demand, including economic trends, market shifts, and disruptions
- Scenario planning for supply chain resilience
- Demand sensing techniques for proactive forecasting and decision-making
Who Should Attend?
- Supply Chain Managers and Directors
- Operations and Logistics Professionals
- Procurement and Strategic Sourcing Leaders
- Business Analysts and Strategic Planners
- Project Managers involved in supply chain optimization initiatives
- Senior Executives seeking to strengthen strategic alignment and operational performance