Supply Chain: Demand Planning (Sales Forecasting and S&OP)
Why take this course?
🎉 Course Title: Supply Chain: Demand Planning (Sales Forecasting and S&OP) with Yasin Bin Abdul Quadere
🎓 Headline: Master S&OP: Generate Unconstrained Demand & Measure Sales Forecast Accuracy
Unlock the Secrets of Precision Demand Planning! 🕰️
Welcome to a transformative journey into the world of Supply Chain Management with a focus on Sales Forecasting and Strategic & Operational Planning (S&OP). This isn't just another course; it's a blueprint for implementing effective demand planning techniques that mirror market demands with pinpoint accuracy.
Why This Course?
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Equilibrium Mastery: Learn to balance your forecasts using horizontal techniques and vertical approaches, ensuring your figures are at an equilibrium phase where they truly reflect the market's needs.
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Integration Excellence: Discover how to seamlessly integrate demand with supply for effective Sales & Operations Planning (S&OP). We'll cover critical components such as:
- Rolling Forecasts
- Time Fence Policies
- Forecast Variances
- And more!
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Forecasting Accuracy: Gain insights into methodologies that will help you drive assurance and achieve high levels of forecast accuracy, operating at the optimal cost.
Hands-On Learning Experience 🛠️
This course is designed to be practical and engaging. Each concept is brought to life through real-world exercises that are ready for you to plug in and play with. We use Microsoft Excel as our tool for these exercises, allowing you to easily translate what you learn into your current ERP system.
Course Highlights:
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Exercise-Driven Learning: Every concept is explained through an interactive exercise, ensuring you can immediately apply what you've learned in a practical context.
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Excel Proficiency: You'll become proficient in using Microsoft Excel for demand planning, presenting information from both a conceptual and hands-on perspective.
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Real-World Application: With each exercise designed to mimic real business scenarios, you'll be equipped to tackle demand planning with confidence.
What You Will Learn:
- How to accurately forecast sales using unconstrained models that reflect true market demand.
- Techniques to measure the accuracy of your sales forecasts, ensuring you're on track.
- The intricacies of S&OP and how it can transform your supply chain operations for the better.
- How to implement rolling forecasts, understand time fence policies, and interpret forecast variances to optimize your planning process.
- Methodologies that will help you maintain high levels of forecasting accuracy, leading to better inventory management and cost savings.
Who Should Take This Course?
This course is ideal for:
- Supply Chain Analysts
- Sales Forecast Managers
- Operations Managers
- S&OP Leaders
- Business Analysts
- And anyone looking to enhance their demand planning skills and drive supply chain excellence.
Join us on this journey to master the art of Sales Forecasting and Strategic & Operational Planning. Elevate your career and become a pivotal force in the world of Supply Chain Management! 🚀🌟
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Comidoc Review
Our Verdict
The Supply Chain: Demand Planning (Sales Forecasting and S&OP) course provides an informative, entry-level overview of sales forecasting and demand planning concepts. While helpful as a refresher, it falls short in providing comprehensive and practical examples for learners to fully grasp the subjects taught. The course content can benefit from restructuring quizzes after each section and including real case studies with industry-specific templates. Ideally suited for those seeking preliminary insights into demand planning, this 2-hour course might be just the right starting point.
What We Liked
- Covers the essential elements of sales forecasting and S&OP, ideal for private equity analysts, supply chain professionals, and beginners in demand planning.
- Instructor effectively highlights the significance of forecast accuracy and its role in company valuation and portfolio monitoring.
- Content is simple, concise, and easy to understand, delivering crucial insights on demand planning.
Potential Drawbacks
- Lack of in-depth exploration into topics, insufficient practical examples and exercises, leaving some learners desiring more engaging content.
- Quizzes scattered across the course with minimal questions may not ensure complete comprehension and mastery of concepts.
- Excel files required for the quizzes are emailed separately causing delays in learning progress.
- Spreadsheet illustrations lacking hands-on materials that learners can use during instruction, limiting effective understanding.