Demand Forecasting and Planning
Certified Professional in
Demand Forecasting
(CPDF®)
A
training program leading to the certification of demand
forecasters and planners
The CPDF qualification will address
multidimensional job roles in product/service demand forecasting such as data
display and validation, database management, dashboard display, understanding
quantitative and qualitative projection techniques, model creation and
execution, rolling forecasting, forecast accuracy measurement, model and
forecaster performance analysis, organization, and collaborative planning. A
certification can be earned at three levels: Develop the knowledge, skills, talents and
sensitivities that are critical to achieving your goals
now and in the future.
The Certified Professional in Demand Forecasting (CPDF)
curriculum was launched in 2007 as a new voice in the
forecaster training world. In the contrast to
conventional training programs to forecaster
certification that are based on listening to over views
on techniques and the rote memorization of multiple
choice exam questions, the (CPDF) curriculum emphasizes
learning the collaborative process of
doing the
forecasting job efficiently and by successfully
mastering forecasting review cycles.
You get promoted when you have changed your job,
not just done a good or excellent job!
The CPDF hands-on workshops offer practical tools for
your on-the-jobs learning to enrich your job function
and enhance your value to the business. Endorsed by the
International Institute of Forecasters
(www.forecasters.org), our best practices
Structured
Workshops
In
Forecaster
Training (SWIFT)
courseware for demand forecasters and planners offers
individuals and organizations the skills and standards
necessary to perform at the world-class levels with
forecasting effectiveness and productivity in todays
highly competitive, global market place.
What will You Learn? For beginners and professionals with specific industrial
experience, the CPDF face-to-face courses provide the
concepts and techniques behind all the facets of demand
planning, from data sourcing and structuring forecast
data, analyzing forecasting models to creating a final
forecast for Sales & Operations Planning. For people who
are new to the field -- at either managerial or
operational levels -- the scope and perspective of these
courses are indispensable. For this learning process, we
utilize Excel and Excel Add-In to reinforce best
practices and avoid worst practices. You will master
state-of-the-art forecasting techniques and practices
with PEERFORECASTER, and easy-to-use Excel Add-In.
Using a hands-on, interactive workshop structure, you'll
define the demand forecasting and planning work
cycle and its essentials contributions to all
aspects of Sale & Operations (S&OP) planning process.
You will gain a profound understanding of how all the
components of the S&OP planning process work together
with a 'best practices' demand forecasting cycle. Some
of the topic include: Determining Customer Needs, New Product Requirements and Location-specific demand patterns Utilize Proven Data Analytics for Analysis and Predictive Reporting Structuring Data Sources for Automatic Forecasting Preparing the Most Important Drivers for the Forecasting Process Designing an Effective Forecast Support System for Decision Making Identifying the Most Appropriate Accuracy Measures and Applying Them Correctly Interpreting Regression Models for Forecasting Trend, Cycles, Seasonal and Promotional Patterns Selecting the Final Forecast Numbers With Field Sales Input in a Collaborative Framework Measuring Risk and Creating Forecast Ranges in an Uncertain Demand Forecasting World Implementing a Sales and Operations Process While Breaking Down Organizational Silos Analyzing the Business Environment From a Multi-Impact Perspective Eventhough All Forecasts are Wrong, Know How to Reconcile Baseline Demand Forecasts, Models and Field Forecasters Developing rolling forecasts to optimize the budgeting and financial cycles Implementing and Supporting World-Class Forecasting Practices
The CPDF certification curriculum has been endorsed by the International Institute of Forecasters (IIF). Upon completion of three CPDF credentials, a participant will be awarded the IIF Certified Forecaster designation. A CPDF certification credential can be earned at three levels:
CPDF - Level I: Forecasting Principles and Best Practices comprises 80% of the forecasting work cycle (15 contact hours/ 70 independent hours).
CPDF - Level II: Demand Forecasting Methodology and Performance Measurement comprises an additional 15% of the forecasting work cycle (15 contact hours/ 50 independent hours).
CPDF - Level III: Forecast Collaboration and Process Integration comprises the remaining 5% of the forecasting work cycle, self-paced e-learning worksheet problems as exams.
Who will Attend?
Newcomers to the demand planning management field
Experienced professionals who'd like to increase their forecasting knowledge
Executive form other corporate areas who's been placed in positions that now manage demand planning activities
Demand forecasters and planners,
Production planners,
Supply chain planners and managers,
Strategy developers and planners,
Customer
insight and market intelligence specialist managers,
Business
developers
and
managers, Sales
and
operations
planners,
specialists
and
managers,
Researchers,
Economists.
