Executive Development Programme in Demand Forecasting: Essentials
-- ViewingNowThe Executive Development Programme in Demand Forecasting: Essentials is a certificate course designed to empower professionals with the essential skills for accurate demand forecasting. In today's data-driven world, the ability to predict future demand is crucial for business success and growth.
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โข Introduction to Demand Forecasting: Understanding the basics, importance, and benefits of demand forecasting for businesses.
โข Data Collection and Analysis: Identifying relevant data sources, collecting data, and cleaning and analyzing data for demand forecasting.
โข Quantitative Forecasting Techniques: Exploring time series analysis, moving averages, exponential smoothing, and ARIMA models.
โข Qualitative Forecasting Techniques: Examining judgmental forecasting, market research, and the Delphi method.
โข Integration of Qualitative and Quantitative Methods: Combining data-driven and judgment-based approaches for accurate demand forecasting.
โข Forecasting Software and Tools: Utilizing technology for automating and enhancing demand forecasting processes.
โข Monitoring and Evaluating Forecasting Performance: Assessing the accuracy of forecasts, tracking errors, and making necessary adjustments.
โข Communication and Collaboration in Demand Forecasting: Working effectively with cross-functional teams and stakeholders for successful demand forecasting.
โข Strategies for Improving Demand Forecasting: Overcoming common challenges, implementing best practices, and continuously improving demand forecasting processes.
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