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ATC-PGPCDF : Professional Growth Program: Course in Demand Forecasting

Course Duration

5 Days

Delivery

ILT VILT

Overview

Overview Course Curriculum Training Schedule Exam & Certification FAQs

Professional Growth Program” series of education is aimed at professionals to be able to get deeper understanding of concepts on which businesses and ERPs (like SAP) runs to improve their own individual performance and performance of their organizations.

In today’s VUCA (volatile, uncertain, complex and ambiguous) world it has become more and more difficult to predict and manage demand. It has become difficult due to complex global supply chain, reduced customer delivery expectation time, higher product variety, high product customization, reduced product life cycle, reduced transaction friction, increased competition, etc.

This program covers various practice-oriented business forecasting models from strategic business planning to operations planning. Participants will be benefited with focused and practice-oriented knowledge of various forecasting methodologies resulting in their improved ability to forecast demand for organizations they work for. As a result, their organizations would experience increased customer satisfaction, reduced stock outs, scheduling supplies more effectively, reduced safety stock, reduced product obsolescence cost, better shipping performance, etc.

What You'll Learn

Benefits to individuals include more practice oriented knowledge, better job readiness for the corporate world, improved performance on the job, ability to use ERP (like SAP) better, added advantage when applying for jobs, greater preference by corporates, etc. All of these would obviously lead to higher pay and faster job placements.
Benefits to organizations include better trained work force, improved ROI on ERP / technology investments, etc. All these would obviously lead to better productivity, effective business processes, reduction in errors and rework, etc. that would add to competitive advantage, growth and profitability.

Who Should Attend

Vice President – Sales & Marketing
Demand Managers
Product Managers
Marketing Managers
Sales Managers
Sales Executives
Sales & Operations Planning (S&OP)
Coordinators
Master Schedulers
Supply / Production Planners
Material Planners
Production Managers
Distribution Managers
Logistics Managers
Sourcing Managers
Purchase Managers
Cost Controllers
Cost Accountants
Master Data Maintenance Team Members
Business Analysts / Business Consultants
Information Technology Consultants supporting above functions

Prerequisites

Participants must have basic knowledge of business management concepts and process flows especially in materials management domain.

Learning Journey

Coming Soon...

Basic (Level 1)

Introduction of demand forecasting.
Why to forecast. Items to forecast.
Demand forecasting basics.
Categories of forecasting techniques.
Show forecasting accuracy in some industries.
Where forecasting fits in Manufacturing Planning and Control system. Demand Forecasting (Strategic, Tactical and Operational).

Intermediate (Level 2)

Qualitative Forecasting Techniques.
Extrinsic Quantitative Forecasting Techniques.
Pyramid Forecasting.
Forecasting Steps.
Forecasting for tactical planning.

Advanced (Level 3)

Intrinsic Quantitative Forecasting Techniques.
Focus Forecasting.
Demand sensing.
Measures of Forecast Error.
Measure of Demand Variability.
Model validity.
Safety Stock Calculation.
Forecasting for operational planning.

Trainocate Certificate of Attendance

Frequently Asked Questions (FAQs)

Why should I pick up this course and get certified?

Career Advancement: Boost your earning potential and unlock new job opportunities.
Stay Relevant: Keep your skills current in the ever-changing tech landscape.
Problem-Solving Prowess: Hone your critical thinking and problem-solving abilities.
Hands-On Experience: Apply your knowledge through practical labs and projects.
Expand Your Network: Connect with industry experts and like-minded professionals.
Why take this course with Trainocate?

Here’s what sets us apart:
- Global Reach, Localized Accessibility: Benefit from our geographically diverse training hubs in 16 countries (and counting!).
- Top-Rated Instructors: Our team of subject matter experts (with high average CSAT and MTM scores) are passionate to help you accelerate your digital transformation.
- Customized Training Solutions: Choose from on-site, virtual classrooms, or self-paced learning to fit your organization and individual needs.
- Experiential Learning: Dive into interactive training with our curated lesson plans. Participate in hands-on labs, solve real-world challenges, and take on comprehensive assessments.
- Learn From The Best: With 30+ authorized training partnerships and countless awards from Microsoft, AWS, Google – you're guaranteed learning from the industry's elite.
- Your Bridge To Success: We provide up-to-date course materials, helpful exam guides, and dedicated support to validate your expertise and elevate your career.

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