Certificate in Demand Planning: Accurate Forecasts
-- viewing nowThe Certificate in Demand Planning: Accurate Forecasts course is a comprehensive program designed to equip learners with the essential skills required for successful demand planning and forecasting. In today's dynamic business environment, demand planning plays a critical role in optimizing inventory levels, reducing costs, and improving customer satisfaction.
4,972+
Students enrolled
GBP £ 140
GBP £ 202
Save 44% with our special offer
About this course
100% online
Learn from anywhere
Shareable certificate
Add to your LinkedIn profile
2 months to complete
at 2-3 hours a week
Start anytime
No waiting period
Course Details
• Introduction to Demand Planning: Understanding the basics, importance, and benefits of demand planning.
• Forecasting Techniques: Historical data analysis, quantitative and qualitative methods, causal forecasting, and judgmental forecasting.
• Demand Planning Software: Overview and selection criteria for demand planning software tools.
• Collaborative Planning, Forecasting, and Replenishment (CPFR): Building relationships with supply chain partners to improve forecast accuracy.
• Demand Planning Processes: Sales & Operations Planning (S&OP), Integrated Business Planning (IBP), and Demand Management.
• Inventory Management: Safety stock, reorder point, and economic order quantity concepts.
• Performance Metrics: Common demand planning and forecast accuracy metrics, such as MAPE, MSE, and WMAPE.
• Demand Planning Best Practices: Implementing effective strategies for improving forecast accuracy and reducing bias.
Career Path
Entry Requirements
- Basic understanding of the subject matter
- Proficiency in English language
- Computer and internet access
- Basic computer skills
- Dedication to complete the course
No prior formal qualifications required. Course designed for accessibility.
Course Status
This course provides practical knowledge and skills for professional development. It is:
- Not accredited by a recognized body
- Not regulated by an authorized institution
- Complementary to formal qualifications
You'll receive a certificate of completion upon successfully finishing the course.
Why people choose us for their career
Loading reviews...
Frequently Asked Questions
Course fee
- 3-4 hours per week
- Early certificate delivery
- Open enrollment - start anytime
- 2-3 hours per week
- Regular certificate delivery
- Open enrollment - start anytime
- Full course access
- Digital certificate
- Course materials
Get course information
Earn a career certificate