Forecasting and Demand Planner

Detailed Description

The new order of things has forced Retailers, Wholesalers, Producers, Distributors, Manufacturers and E-commerce businesses to be highly dependent on demand planning, and only profitable and sustainable if businesses improve continuously demand planning strategies and their calculation accuracy. That is why they spend a lot of time (operational cost) to study and evaluate data, analyze sales and improve demand forecasting and demand planning accuracy.

So, we need to define what is demand forecasting, planning and what is the difference between them. When we refer to a demand forecast, we are talking about a forecast of the quantity of the product that will be sold, transported, or otherwise used during a certain period of time. Demand planning is a process of planning future actions, based on a previously made forecast. The benefits of accurate forecasting and planning, of course, include forecasting what your customer is going to ask of you.

In these difficult economic times, we see more and more companies paying attention to forecasts and businesses trying to make them more and more efficient in order to reduce costs and better serve the customer.

Duration: 16 hours

What does the Training Program Provide ?

Purpose

• The purpose of the training program is to train relevant business executives regarding:
• The organization and process of demand planning and the logic of its planning in relation to the company’s strategy and the satisfaction of its customers’ expectations
• The understanding of product preservation strategies e.g., make-to-stock, make-to-order.
• The application of ABC to products
• The development of product distribution and storage strategies
• Inventory Management Forecasting and Policy, Inventory Reduction Strategies and Demand Planning Structure
• Determining how best to forecast a more realistic level of future demand for products and/or services
• Understanding customer actions that drive demand (customer service)
• New calculation models and technological tools
• The KPI’S
• Demand Planning in e-commerce

What Is the Participation Procedure ?

• Contact us via e-mail at: tuvacademy@tuv.al
• Complete the application form
• Book your participation
• We will follow the whole process from start to finish.

Who Do I Contact for the Certification ?

Phone: +355 4 45 00 523/4

Email: tuvacademy@tuv.al