Masterclass Certificate in Demand Forecasting for Logistics Optimization
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Course details
• **1. Introduction to Forecasting for Logistics Optimization**
• 3D – Supply Chain Fundamentals: Knowledge of the supply chain, including the major components, stakeholders, and their roles, is essential for a solid understanding of the course.
4.2 – Demand Forecasting Principles: Review of the key concepts of demand forecasting, including the search for insight, demand pattern detection, and forecast models.
4.4 – Data Analysis and Tools: Utilization of data analysis techniques, data visualization, and specialized tools, such as Excel or Python, are critical for effective demand forecasting.
4.5 – U4.4.4 – Stocks and Variance Analysis: Analysis of stocks, quantities, and trends to understand the demand patterns and underlying drivers.
4.4.4.1 – Time Series Analysis: Time series decomposition, pattern recognition, and data smoothing techniques are essential for modeling and forecasting demand.
4 GDPR – Achieving accuracy and precision: Use of modules for error reduction, data correction, and probability analysis is required to achieve high-precision forecasts.
4.4.4.4 – Output Interpretation: Familiarity with the construction and interpretation of demand forecasts, including reports, outputs, and triggers, is crucial for effective communication and decision-making.
5.5 – Managerial Insights and Case Studies: Real-world examples and case studies of demand forecasting in logistics, including successful and challenging scenarios, are essential for capstone project development and final exam success.
5.5.4 – University of Retailation & Logistics Case Studies: In-depth analysis of 4 case studies, including tailored & random walk, to demonstrate the application of principles and concepts.
53 – Final Project: A comprehensive project that demonstrates the application of all the skills learned throughout the course, resulting in accurate and comprehensive demand forecasts for a given logistics base.
2.5.5.3 – Capstone Demonstration: a video or report demonstrating your final project.
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