Advanced Demand Management and CADP Certification exam Boston May 2016

 

 

 

 

 

 

 

 

Demand Planning LLC is glad to announce the first set of training workshop for 2016 in Boston

1) Advanced Demand Management – May 25-26

2) CADP Refresher course and Certification Exam – May 27

For our two day ‘Advanced Demand Management’ workshop, following are the key topics of the content-

• Data Management for Advanced Demand Management

• Demand Modeling

• Promotional Planning & Event Modeling

• Planning by Exception

• Demand Consensus

• Modeling & Model Diagnostics

• Demand Sensing and Tracking

• S&OP – Why S&OP? Core components of S&OP.

 

Please visit our website for more information and registrations.

Day 1

  • 8:30AM to 5:00PM

Day 2

  • 8:30AM to 4:30PM
  • 8:00 AM Registration
  • 8:30 AM Welcome
  • 9:00 AM Data Management for Advanced Demand Management
    • Definition of Demand
    • Shipments vs. Orders
    • Gross Demand vs. Net Demand
    • Outliers
      • Process to Identify Outliers
      • What is a Tolerance Band?
      • Methodology for outlier correction
  • 10:30 AM Coffee Break
  • 10:45 AM Demand Modeling
    • Monthly versus weekly Modeling
    • Need for Daily Forecasts
    • Statistical Forecasting
      • Forecast Model
      • Key components of demand
      • Additive vs. Multiplicative Seasonality in Models
      • Modeling by decomposition
      • Introduction to Forecast Modeling
      • Qualities of a good Statistical Forecast
      • Balancing between Model Fit vs. Model Robustness
      • Uni-Variate Time Series vs. Multi–Variate Methods
      • Moving Average
      • First Order Exponential Smoothing or Constant Models
      • Holt Models to accommodate Trend
      • Holt Winters Models
      • Exponential Trend and Dampening
  • 12:30 PM Lunch Break
  • 1:30 PM Promotional Planning & Event Modeling
    • Event Modeling
    • Baseline vs. Incremental
    • Event Models Identify Volume Spikes
    • Illustration of Event Models
    • Event Modeling versus Outlier Detection
  • 2:45 PM Coffee Break & Networking Exercise
  • 3:00 PM Planning by Exception
    • SKU complexity
      • Revenue per SKU
      • Profit Per SKU
    • Long Tail analysis
    • SKU rationalization
    • Segmentation
      • High volume
      • High volatility
      • High Error
  • 4:30 PM Assignment – Demand Management Scenarios
  • 8:30 AM Demand Consensus
    • Demand Collaboration and Consensus
    • End-to-end Monthly Demand Process
    • Dollarizing the Forecast
    • Mechanics of Demand Communication
    • Forecast Delta
  • 9:30 AM Demand Metrics
    • Introduction to Forecast Modeling
    • Definition of Demand Forecast Error
    • Forecast Accuracy
    • Forecast Bias vs. Forecast Error
    • Error and Volatility Reduction
    • Errors Across SKUs vs. Errors Across Time
    • Model Diagnostics – Measuring Error over time
      • MAD
      • MAPE vs. MPE
      • WAPE
      • Root Mean Squared Error
      • General Illustration MPE, MAPE and RMSE
    • Exercise
  • 10:30 AM Morning Break
  • 10:45 AM Demand Sensing and Tracking
    • Demand Tracking
    • Month to date oversells
    • Month to date undersells
    • Flagging and adjusting the forecasts
    • Demand signal forecast – adjustments using POS and tertiary data
  • 12:30 PM Lunch Break
  • 1:30 PM Discussion and answers to assigned exercises
  • 2:30 PM Coffee Break
  • 2:45 PM S&OP – Why S&OP
    • Fragmented Planning Activities
      • Supply chain challenges
      • Service, costs and inventories
    • Disparities between the Financial forecast and operational forecasts
    • Bottom Line challenges from Fragmented Planning
    • Benefits of a holistic S&OP Design
    • Core Components of SIOP
    • Consensus Demand Planning
    • Rough Cut Planning and Supply Collaboration
    • Executive Presentation
    • Demand-Supply Balancing

On May 27th we will conduct our CADP certification exam. Our CADP training and exam structure is e-learning (Online Videos) —> Study Materials —> Interactive 2 days of Training —> Refresher course/Q&A —> Exam. Our certification exam is getting good response, Gartner Inc. has recognized it for demand planning, stat modeling and performance management; while those who have achieved CADP title mention they liked the “getting your hands dirty” format of the exam. Please visit our website for more details on CADP certification program.