#Demand forecasting best practices software#
#Demand forecasting best practices Pc#

#Demand forecasting best practices Pc#

Participants should use a PC or laptop with DATA ANALYSIS MS Excel Add-In activated.Д®ach workshop has a cap of max 15 delegates to ensure learning quality. To translate and expedite virtual learning to real-life applications, we will use a proven effective online portal to facilitate interactive exercises, polls, quizzes, group discussions and hands-on Excel activites. SPECIAL SEGEMENT OF THIS WORKSHOP TO HELP YOU GAIN COMPETITVE ADVANTAGE is dealing with application of different forecasting methods to make better business forecasts during times of high uncertainty, pandemics (COVID-19 etc.), trade wars and increased tariffs. This workshop provides a combination of best practices in data management, segmentation and cleansing approaches required for sound statistical forecasting and forecast presentation, blending years of experience as first-line practitioners and managers with years of management consulting practice. Our goal is to discuss those topics, which have a real application in business and are easy to apply.

We will use real data examples throughout the course to give the live experience from variety of industry sectors.

#Demand forecasting best practices software#

The requirements of mathematics are kept to a minimum, as most of the forecasting software systems do this on their own. The limitations of each of the models are pointed out throughout the course as well. Such understanding helps forecasters and business professionals not only in evaluating models but also in selecting the right one for preparing forecasts. The course focuses on conceptual framework of models, and thus providing a clear vision of what each model represents, itвЂ™s underlying assumptions and what its model statistics imply.

This workshop is specifically designed to address key issues in the minds of those with management responsibilities and those who work alongside them, by providing a set of data and forecasting procedures and demonstrating with illustrative examples how such procedures are used in data preparation and model building and forecasting. Make better forecasts to enhance business results during times of high uncertainty and downturn economy