Certificate in Forecasting for Operational Excellence
-- ViewingNowThe Certificate in Forecasting for Operational Excellence is a comprehensive course designed to equip learners with essential skills in demand by today's industry. This course emphasizes the importance of accurate forecasting in achieving operational excellence and driving business success.
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⢠Introduction to Forecasting: Basic concepts, importance, and types of forecasting
⢠Time Series Analysis: Decomposition, autocorrelation, moving averages, and exponential smoothing
⢠Statistical Forecasting Methods: Regression analysis, trend analysis, and seasonal indexes
⢠Probability and Distribution: Probability basics, probability distributions, and their applications in forecasting
⢠Quantitative Forecasting Techniques: Linear programming, inventory management, and queuing theory
⢠Judgmental Forecasting Methods: Executive opinions, sales force composite, and historical analogy
⢠Forecasting Software and Tools: Overview and practical applications of popular forecasting software
⢠Integrating Forecasting with Business Operations: Aligning forecasting with supply chain, finance, and strategic planning
⢠Monitoring and Evaluating Forecasting Performance: Measuring accuracy, tracking errors, and continuous improvement
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