Forecasting & Demand Management 2-Day Course
Improve Your Forecast Accuracy With Less Forecasting Effort
KEY BENEFITS OF ATTENDING
In this workshop, you will find out how to:
- AGGREGATE forecasting for Sales & Operations Planning
- ANALYSE forecasting, order entry & forecast accuracy approaches
- DEVELOP forecasting using trend & seasonality
- IDENTIFY and ELIMINATE deliberate forecast inaccuracy
- IMPLEMENT safety stock strategies using simple pareto, complex pareto & statistically derived safety stocks
- REINVIGORATE your product range, “is that business really worth it?”
- UNDERSTAND why new products fail & one way to fix it
- CREATE a simple safety stock/inventory level simulator
- UNDERSTAND the link to operations & purchasing
- OBTAIN “next practice” checklists to assist on your journey to best practice demand planning & sales forecasting
WORKSHOP OVERVIEW
This workshop will provide you with a step by step approach to achieving improvements in your forecasting process, the mistakes to avoid and sure fire approaches that will reduce your forecasting effort.
Accountabilities and cross functional links will be discussed to enable you to assess the quality of your current processes against world class checklists.
Options on “where to meet the customer” will also be addressed, including the strategies associated with setting safety stocks, your product offering and a simple approach to simulating stock levels.
WHO SHOULD ATTEND?
Practitioners in medium to large businesses involved in setting safety stock levels, achieving high levels of customer service, managing & reducing inventory levels, sales forecasting activities, sales planning activities & customer communications, sales & marketing personnel, demand & distribution management, staff involved in new product introductions & product portfolio management, range & business rationalisation, master schedulers, pre-S&OP and S&OP participants. Such as:
Demand Managers. Demand Planners.
Production Managers. Planning Managers.
Inventory Managers. Purchasing Managers.
IT Managers. Project Team Leaders.
Finance Managers. Project Team Members.
Staff responsible for sales forecasting.
Supply Chain Managers. Distribution Managers
Course Dates & Duration
17 - 18 March 2026
Classes are conducted daily, 9 am to 5 pm Sydney Time, totaling 16 training hours. Participants will join the training via ZOOM. Participants will earn 16 CPD points for certification maintenance.
Prices
ASCI Member: $1,950
Non Member: $2,350
Contact us for the detailed program.