Demand Forecasting Concepts for Manufacturers & Distributors
One Day Workshop, October 27th, 8:00 AM – 5:00 PM, Coast Bellevue Hotel, Bellevue, Washington USA
Demand forecasting is the computation of time-phased estimates of future demand for inventory procurement purposes. Few topics are more important to the planning function, yet demand forecasting is one of the least understood (and least well performed) areas of operations management. This one-day workshop provides a good introduction to demand forecasting concepts. It is appropriate not only to those who are or will become forecasters, but also to their managers and to executives—those whose financial results depend on obtaining an accurate forecast. It is also useful for those involved in selecting forecasting software, writing interfaces between forecasting software and other systems, and deciding how forecasting software is to be used. The material applies equally to manufacturers and distributors, and small companies or large. Since much of the material has not yet made it into the APICS certification curriculum, it is essential for both certified and non-certified practitioners.