Certificate in Demand Forecasting & Replenishment
-- ViewingNowThe Certificate in Demand Forecasting & Replenishment is a comprehensive course that equips learners with critical skills for optimizing inventory and ensuring business growth. This program emphasizes the importance of accurate demand forecasting, efficient replenishment strategies, and data-driven decision-making.
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โข Introduction to Demand Forecasting & Replenishment: Understanding the basics, concepts, and benefits.
โข Data Analysis for Forecasting: Collecting, cleaning, and interpreting data for accurate forecasting.
โข Quantitative Methods in Forecasting: Time series analysis, exponential smoothing, and trend analysis.
โข Qualitative Methods in Forecasting: Judgmental forecasting, historical analogy, and sales force composite methods.
โข Demand Forecasting Techniques: Short-term and long-term forecasting methods, forecasting models, and forecast errors.
โข Inventory Management: Understanding the inventory management process, inventory control, and the economic order quantity model.
โข Replenishment Strategies: Safety stock, reorder point systems, and vendor-managed inventory.
โข Technology in Demand Forecasting & Replenishment: Implementing software solutions, automation, and data visualization.
โข Monitoring & Evaluating Forecasting Performance: Performance metrics, continuous improvement, and forecast evaluation.
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