Course Overview

Demand Planning & Forecasting is both an art and a science. It requires informed judgment, business expertise, and technical skills. Done well, it can provide a true competitive edge and increased sales, while managing inventory and maintaining best-in-class customer service.

Course Objective

• What you need to know about demand planning & forecasting
• Why we need forecasts and what role do they play in the supply chain
• How to effectively create and launch an effective demand planning process
• The ingredients of an effective forecasting process why we need it
• Why is it important to have a consensus forecasting process in place
• Why is it important to have a single number forecast and plan

Who Should Attend??

Purchasing, Procurement, Inventory, Sales and Project personnel