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Industry Leading Best In Class Ways To Improve Your Forecast Accuracy

What you will learn

Basics of Forecasting

Industry Leading Forecasting and Demand Planning Practices

Improve your Forecasting & Demand Planning Process

Must do course for all Demand Planning & Forecasting Professionals

Description

Congratulations !!! You have found out  most viewed and top-rated course on Demand Planning and Forecasting Best Practices at Udemy

Wouldn’t it be nice to see into the future of your business?

With business forecasting, this is a reality; by using current and historical data you are able to have accurate predictions for future trends and forecasts. With this increased visibility you can analyze your business as a whole with the utmost confidence in the data.

Forecasting is valuable to businesses because it gives them the ability to make informed business decisions and develop data-driven strategies.

Financial and operational decisions are made based on current market conditions and predictions on how the future looks. Past data is aggregated and analyzed to find patterns, used to predict future trends and changes. Forecasting allows your company to be proactive instead of reactive.

Niels Bohr, the Nobel laureate in Physics and father of the atomic model, is quoted as saying, “Prediction is very difficult, especially if it’s about the future!”

Hey but this course is going to make it a  lot easier for you to forecast.

This course has industry-leading tips, techniques, and best practices for your Demand Planning & Forecasting process. I have used various examples and real-life implementation cases to explain.


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Also, I will be frequently updating the course, whenever I come across new demand forecasting practices so that it’s a continuous learning process for all of us, and if you feel that you want a particular topic to be covered in the course just add that in the course review while giving ratings. I will get that topic covered as well.

Forecasting is a very important element of the supply chain as it happens to be the input or to be more precise the starting point of the whole supply chain planning process. Even a percentage increase in the forecast can result in huge savings or huge losses. So don’t think much & just enroll in the course. See you in the course !!!!!

Here’s what Udemy students are saying about “Demand Planning & Forecasting – Best Practices ”

“Akshay is an excellent teacher, his explained a complex topic in a fun and easy-to-understand way. Would want to learn more from an experienced professional like him.” – S.Rai

Good One . Liked the Real Demand Calculation.” – Akash”

” Informative ” – S.Dhumane

“Good Course – I liked the FVA as a metric.” – Sunita

English
language

Content

Demand Planning & Forecasting – Best Practices

Importance of Forecasting
Forecasting Principles
Don’t Forecast, Rather Collaborate
Redefine Demand
Forecast Horizon & Period
Forecast Review Frequency
Base & Incremental Sales
Training Data – How much is too much
Forecast Accuracy Metrics – Which is the best
Sku & Model Segmentation