A forecast is what will occur in the future. A forecast of product demand is the basis for most important planning decisions. Planning decisions regarding scheduling, inventory, production, facility layout and design, workforce, distribution, purchasing and so on, are functions of customer demand.
By attending Demand Forecasting training course, you will:
- Be able to understand the needs of forecasting
- Be able to identify the different types of forecasts
- Calculate the forecasts by using MS Excel or otherwise
- Attendees of Demand Forecasting workshop, need not be engineers or finance professionals but then they need to put up with juggling with the numbers for two days. Therefore, basic requirement their numerical abilities. Secondly, basic competence in MS Excel is necessary.