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iCognitive Supply Chain Corporate Training Catalogue 2015

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Forecast: How to Improve Accuracy?<br />

ICOGSC09 - 1 day workshop<br />

visit www.icognitive.com or contact us at workshop@icognitive.com<br />

Objectives<br />

Contents<br />

This hands-on training provides a very practical first approach<br />

to forecasting methodology, terminology, concepts and<br />

applications. Trough step-by-step exercises based on real-life<br />

sales, participants learn to identify data components, use<br />

algorithms and build a forecast.<br />

This training requires basic Windows Excel knowledge.<br />

Accessible to everyone: no advanced mathematical<br />

knowledge is required.<br />

Benefits<br />

You will learn and practice several techniques to:<br />

• Build an accurate forecast<br />

• Analyze and challenge the numbers of your market<br />

demand<br />

• Acquire the skills necessary to improve forecasting<br />

performance<br />

Who Should Attend?<br />

DAY 1<br />

• Statistical/market intelligence approach<br />

• Trend, seasonality, forecast by Excel Simple<br />

Exponential Smoothing<br />

• Aggregation: Forecast at SKU Forecast at family<br />

level<br />

• What’s in the forecasting tools: How much to<br />

trust them, how to check them<br />

• Complete case study<br />

Directors, Senior Managers of the following departments:<br />

• Operations<br />

• Purchasing (Sourcing and Procurement)<br />

• Logistics<br />

• <strong>Supply</strong> <strong>Chain</strong><br />

• Inventory Management<br />

• Customer service<br />

• Finance<br />

• Sales & Marketing<br />

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