Special Note
Course Description
This course prepares students in the basics of demand planning and the role of demand planning within an organization’s overall supply chain. The course includes presentations of the key elements of demand planning including the interaction between demand and order management, demand planning principles, demand planning tools and techniques, communicating and managing demand and contemporary approaches to demand planning and metrics and roles associated with demand planning.
Who Should Attend
Sourcing Analysts, Supervisors, Managers, Clerks, Representatives, Agents, Leads, and Specialists Procurement Analysts, Supervisors, Managers, Agents, Clerks, Leads, Representatives, and Specialists Contract Development Specialists, Agents, Clerks, Leads, Representatives, and Supervisors Buyers, Senior Buyers Buyer/Planners Purchasing Analysts, Representatives, Supervisors, Managers, Agents, Clerks, Leads, and Specialists Supply Chain and Logistics Managers, Analysts, Consultants, Supervisors, Technologists, Planners and Engineers Business and Systems Analysts Supply Chain Education and Human Resource Management personnel Inventory Planners Order Management Supervisors, Managers, Analysts Demand Planners, Supply Planners, Forecast Analysts, Forecasting Managers Inventory Managers, Inventory Clerks, Inventory Analysts Transportation Planners, Transportation Clerks, Transportation Analysts, Transportation Managers
How You Will Benefit
Outline at a high level what demand planning is and why it is important to company success Identify the key roles and skills required in demand planning Discuss the key responsibilities and metrics used in planning demand Explain the key links between demand management and order management Discuss the role of Ecommerce technologies in enabling effective demand management Discuss the definitions of forecasting and inventory control Recognize the difference between independent and dependent demand Define the various types of uncertainty related to demand planning in terms of demand, supply, and lead times Explain the causes and impacts of variability or uncertainty Discuss the basic types of forecasting techniques, such as reorder points, Economic Order Quantity, lead times, and technology uses List the key aspects of demand sensing and communication Discuss the key aspects of gaining demand consensus within and organization Identify the key metrics used in demand management Explain the key aspects of managing and prioritizing demand Describe Collaborative Planning, Forecasting, and Replenishment (CPFR), how it works, and its benefits Discuss pull systems versus push systems Explain the concept of demand shaping
What is Covered
Demand Planning is a start anytime, self-paced course consisting of 6 Learning Blocks. Learning Block 1 – Introduction to Demand Planning Learning Block 2 – Interaction between Demand Management & Order Management Learning Block 3 – Demand Planning Principles Learning Block 4 – Demand Planning Tools and Techniques Learning Block 5 - Communicating and Managing Demand Learning Block 6 – Contemporary Approaches to Demand Planning and Management
Course Prerequisite and Related Certificate Information
None.
Course Times
On the first day, please check in at least 30 minutes before the class start time. First Day - 8:00am to 5:00pm Second Day - 8:00am to 5:00pm Third Day - 8:00am to 5:00pm
Course Materials
Required Computer with speakers to access online content Provided Access to online course content and optional reading materials