Transights

Certified Forecaster and Demand Planner (CFDP)
                                                                            

Program Overview


The "Certified Forecaster and Demand Planner" (CFDP) certification is internationally accredited by the IISB (ISCEA International Standard Board). It guarantees that its bearer is familiar with quantitative, qualitative and causal forecasting models that will maximize profits by providing a balance between demand and supply.


A "Certified Forecaster and Demand Planner" (CFDP) is able to understand different perspectives within the organization to reach forecast consensus while maintaining demand plans aligned with strategic objectives.

Course Outline
Who Should Attend ?
Course Prerequisites
Learning Methodology
Course Duration
Course Outline

Course Modules:

  1. Module: Supply chain management essentials
  2. Module: Inventory planning fundamentals
  3. Module: Bullwhip effect
  4. Module: Introduction to sales and operations planning / integrated business planning - S&OP / IBP
  5. Module: Consensus, prioritization and integration with strategic planning
  6. Module: Collaborative Planning, Forecasting and Replenishment (CPFR)
  7. Module: Forecasting myths, realities and challenges
  8. Module: Forecasting based on historical data
  9. Module: Seasonal demand forecasting
  10. Module: Intermittent demand forecasting
  11. Module: Causal and qualitative forecasting models
  12. Module: New product forecasting
  13. Module: Forecast performance
  14. Module: Demand driven supply chain framework
  15. Module: Demand sensing
  16. Module: Supply chain response
  17. Module: Introduction to Demand Driven Materials Requirement Planning– DDMRP
  18. Module: Improving forecasting with POS data and demand sensing
  19. Module: Principles of data analysis
  20. Module: Improving forecasting with Machine Learning
  21. Module: Improving forecasting with Six Sigma
Download Course Flyer
Who Should Attend ?

Who Should Attend?

The course is suitable for:

  • Forecasters

  • Demand Planners

  • Professionals coordinating the planning processes within their organization.

  • Organizations in need to improve their balance between supply and demand.

  • Proactive professionals looking to stand out in the eyes of recruiters or current employers.

Course Prerequisites

Course Prerequisites

N/A

Learning Methodology

Learning Methodology

The learning methodology is highly interactive, consisting of a balanced mix of short presentations,  the Course Director’s extensive experience in this specialized field, handouts containing key articles and topic support, dialogue about leading practice, delegates’ own ideas, experiences and Q&A, sharing of knowledge, discussions, feedback, scenarios, case studies, practical examples, individual and group exercises designed to assist the participants to gain a working knowledge of the topics taught and to embed the skills.

Course Duration

Course Duration: 

6 hours per session, one session per week for 3 weeks to a total of 18 hours.