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I B F C E R T I F I C AT I O N

A D V A N TA G E S O F I B F T R A I N I N G

ON-SITE
DEMAND PLANNING,
FORECASTING & S&OP
CORPORATE TRAINING
IN THIS VOLATILE ECONOMY, supply chain excellence is positioning
companies to win. With growing access to BIG DATA, while dealing
with rapid change, the key to a powerful supply chain is improving
forecasting and planning. The specific skills learned in this training
program allow participants to reduce inventory levels, increase
service levels and decrease supply chain costs.

START TODAY by ensuring your team and organization are fully

equipped with the right tools, knowledge, and best practices.
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Business Forecasting & Planning IBF for your companys training
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F U N D A M E N TA L M O D U L E S ( F O R C P F P R E PA R AT I O N )
I. Fundamentals of Demand
Planning & Forecasting

III. Internal & External

Collaboration: S&OP and CPFR

Demand Planning & Forecasting is

a combination of art and science.
Demand planners are required to
combine forecasting science with
effective judgment. This module covers
basic forecasting & planning concepts,
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This module delves into forecasting
and planning processes in more detail,
including how they impact supply
chain planning to minimize operating
costs and free up working capital. An
important part of this module covers the
consensus meeting and the benefits of
a single number forecast. Learn how
to compute safety stocks with demand
forecasts and better manage inventory.
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truly show upper management what
it means to the bottom line to improve
each percentage of error. Also, demand
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Select Which One to Use
Utilizing the right model for the right
data is vital to accurate forecasting and
business planning. In this module, you
will learn how to develop forecast models
that achieve your accuracy goals.
Comprehensive coverage of essential
principles of model evaluation, selection
and development will be discussed.
Learn what types of time series models
are available, and how to measure
their performance. The characteristics,
benefits, and limitations of exponential
smoothing will also be discussed.
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successful companies. Using information gathered through contributors
to IBF conferences and publications,
including surveys com pleted by IBF
members, best practices and benchmarks have been developed covering
many areas of the forecasting &
planning discipline. Along with
benchmarks, this module will cover
how demand planning and forecasting
professionals should present and
sell their forecasts and plans to gain
organizational buy-in.

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VII. New Product Forecasting &

Planning: Making Decisions
when Little or No Data is
Available
How do you forecast for products
when you have little or no history?
New product forecasting is a unique
forecasting challenge due to the
absence of data, as well as a higher
degree of uncertainty. This module will
show the role of judgment and how to
use it more effectively to improve the
chances of success in forecasting new
products and services. The common
qualitative and quantitative models
used in new product forecasting will
be discussed including characteristics,
benefits, and risks. Plus, you will
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FOR FURTHER INFORMATION OR TO SCHEDULE IBF TRAINING, PLEASE CONTACT US AT: EMAIL: info@ibf.org PHONE: +1.516.504.7576 (NEW YORK)

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The Institute of Business Forecasting & Planning IBF is a
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