* The workshop will be conducted in English with synchro-translation into Ukrainian / Russian
09:00 - 13:00
- Registration starts at 8:00 -
Supply Chain Planning & Forecasting excellence is the cornerstone of success.
Well established functions make the whole value chain work like a clock.
The main Objective of this workshop is to get acquainted with the tools and approaches in planning and forecasting in operations.
We will discuss 8 (eight!) variants of forecasting techniques that can improve your supply chain performance
1. Understanding the four pillars of Demand Planning::
2. Forecast Modeling and Analysis: The basic framework
Understanding the need for different horizons of demand forecasting, Planning and Integrated Business Planning
Understanding the need for a system
Objective of creating a rolling forecast
Identifying rolling plan horizon
Rolling forecast comparison period
Rolling plan as your baseline forecast
Tie your rolling plan to your strategic plan
3. Basic introduction to Forecasting the supply chain
Time Series models
Causal and Predictive Analytics
In order to ensure optimal demand forecasting, manager must adapt to forecasting techniques that best suits your business requirements. The forecast should be operationally significant and strategically aligned.
Rakesh Paras Singh
4. Understanding variability, Uncertainty and what you need to know about forecast accuracy
Basic data science tools to understand variability and forecastabilty of a Data series.
Using analysis to understand variability and uncertainty
Different ways of measuring forecast accuracy
Use of elasticities, coefficient of variance and predictive analytics in analyzing business driven variability
How to select and track the best forecast accuracy measure in order to guide forecast process improvement
As businesses possess multiple supply chain within themselves, we will discuss segmentation and splintering of demand as a strategy to understand the market
Had the opportunity to attend the Demand Planning Master Class conducted by Mr Rakesh. It was a great experience and absolutely informative.
Darpan Khurana, Nestle India, Demand Planning Specialist SAR
All participants will get certificates
Supply Chain Managers
Head of Sales
Especially USEFUL for ______________________________________
Demand Planning Professionals and Forecasters
Speaker- Rakesh Paras Singh, Phd
Chairman, Institute of Supply Chain and Management, India
20+ yrs in Demand Planning and Supply Chain. Rakesh worked with Larsen and Toubro, Syngenta, Unilever, P&G, Damco, Agility, Cipla, Nivea, Godrej, Fiat, Pfizer, Mahindra Vehicle, etc. Rakesh is Dean of ISCM Demand Planning Academy, Mumbai.
Register for "Demand Planning & Forecast in Supply Chain"
We are welcoming you in Ukraine
DEPO Conference Hall 50 Antonovycha street Kyiv, Ukraine