Enterprise Forecasting – Concepts and Application

Overview:
Enterprise Forecasting teaches students a basic understanding of forecasting’s role within their company, what the different types of forecasts are, how to implement a forecasting process and how to evaluate and improve the forecasting process.

Along with these fundamentals, students will learn how enterprise forecasting is used as an input to Sales and Operations Planning and will touch on collaborative supply chain forecasting.

Who Should Take This Course:
Management for Sales, Marketing, Manufacturing, Distribution, Inventory and other areas touching the forecasting process including Forecast Analysts, Inventory Planners, Manufacturing Planners, and IT.

What You Are Taught:
This self-paced training provides the student with detailed education on:

• Forecasting’s influence on inventory & customer service
• How forecasting affects the supply chain
• ROI for forecasting improvement
• Responsibility for the forecast
• Statistical (historical) forecasting methods
• Combination forecasting methods
• Collaborative forecasting
• Using historical data
• Controlling error in historic data
• Post forecast error metrics
• Fine tuning the forecast

Prerequisites:
None

Machine Requirements:
Windows 98, 2000

Course Materials:
Printable

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