Live Training: Demand Forecasting

Structure an effective demand planning & forecasting process with state-of-the-art forecasting models.

Extract of what you will learn:

  • Maximize your profits thanks to demand forecasting
  • Avoid the most common pitfalls of demand forecasting
  • Better judgmental forecasts without cognitive biases and politics
  • Assess the right granularity and horizon for your company
  • Create & optimize models from scratch in Excel
  • Deploy your learning and automate forecasting with a scalable Excel Demand Planning Tool (included)
  • Connect the forecast to a data-driven planning process and build your own custom reports
  • Structure your collaboration with your clients and suppliers

Nicolas Vandeput

Kien Leong

Your most important questions answered up front

The training starts on Tuesday, 07.06.2022 at 4pm CET.

Remaining time until the training starts:

For whom is this training?

  • Demand planners, supply planners, inventory managers, supply chain analysts, and supply chain scientists who want to learn best practice to forecast demand.
  • Supply chain managers (S&OP managers, Project leaders, IT project leaders) who want to get a better understanding of demand forecasting and/or inventory optimization (before setting up a major project/initiative/software implementation).
  • Sales, finance, and support teams who want to provide better inputs to the demand planning teams.
  • Any team member using the demand forecast who wants to understand how to use it, read it, and improve it.
  • Data scientists who want to learn how to use their qualitative skills to optimize supply chains (by creating demand forecasting or inventory optimization models)

How does this training work?

Eight 2-hour online live sessions will be organized into teams of 8 to 10 participants (maximum of 12). Participants will engage in multiple discussions and debates, sharing ideas and experiences.

There is also e-learning video modules to cover the Excel model-building and tool development.  Q&A sessions with the instructors will also be available every week.

On top of these discussions, participants will have to answer frequent online questions using wooclap (around 80 questions over seven sessions). 

What will I learn during this training?

  • Explain why we need to forecast demand (and not sales)
  • Explain the differences between demand, sales, and sales targets; forecast, plan, and budget.
  • Highlight techniques to capture true demand instead of sales.
  • Assess the right forecasting granularity and horizon for a supply chain process.
  • Assess forecast accuracy using the most appropriate forecasting metrics (and avoid using the worst forecasting KPI).
  • Use weighted forecasting KPIs.
  • Assess your demand forecasting maturity level.
  • Assess when to use machine learning, statistical models, or judgmental forecasts.
  • Explain the limitations and advantages of machine learning versus statistical models; and time series forecasting versus predictive analytics.
  • Map/draw the end-to-end supply chain flow of information.
  • Read a Forecast Value Added dashboard (#1 technique to improve your forecasting accuracy).
  • Structure an efficient, effective, and focused demand forecasting process.
  • Recognize and avoid cognitive biases and politics when making judgmental forecasts.
  • Implement from scratch multiple statistical forecasting models in Excel.  And deploy them as an automated your Demand planning tool.
  • Optimize statistical forecasting model using Excel Solver and advanced KPIs.

When does this training take place?

The training consists of 8x2h sessions on Tuesdays and Thursdays (4pm to 6pm CET).  There are also e-learning video modules for the Excel Modeling and Tool Development.  Plus live Q&A sessions.

  • 7 June 2022
  • 9 June 2022
  • 14 June 2022
  • 16 June 2022
  • 21 June 2022
  • 23 June 2022
  • 28 June 2022
  • 30 June 2022

Will I receive a certification?

Yes. Every participant receives a certificate of participation issued by SupChains –  Nicolas Vandeput.

What’s the price of the training?

Do you also offer discounts for multiple people from the same company?

$1997 (1800€) per participant exclusive of any taxes and bank transaction fees.

We do not offer discounts.  However, if two or more people sign up from the same company, we will give you a bonus, private 2-hour workshop just for your company.  This is a $1250 (1180) value.

Your question is missing?

Demand Forecasting & Planning Excellence Training

Deep understanding of the fundamentals

First of all the demand planners are getting a strong foundation and understanding of the basics. General definitions, forecasting frameworks and KPIs.

End-to-end supply chain optimization

Enabling world-class state-of-the-art planning

Cutting edge models and frameworks

Stakeholders in a supply chain are all interconnected. Learn how to collaborate with external clients & suppliers and avoid politics.

The training guides practitioners step-by-step to the best practices. Interactions with attendees (in discussions, polls, self-assessments) ensures measurable sustainable impact after the training.

Nicolas Vandeput is a world-class expert in demand forecasting. Your organization will profit from his deep scientific knowledge and consulting experience.

Kien Leong is a thought-leader in building supply chain planning tools in Excel.  He will lead you along a smooth path from concept to implementation and deployment.

Do you want to tap into a clear and proven process of demand forecasting?

When working together with several multinational corporations from all over the world we have realized the immense potential of more efficient and accurate demand forecasting and planning.

With the increasing complexity of supply chains — an ever-increasing portfolio complexity, long lead-times due to international suppliers, demanding clients, combined with internal politics —, it has become challenging for demand planners to guarantee forecast accuracy.

The question arises: How can we achieve demand forecasting excellence?

With the demand planning training we are finally bringing clarity to the fundamentals of the process and adapting the latest proven models to achieve uncompromising precision in forecasting.

Combined with the in-depth knowledge that we transfer within the training, the demand planners will develop clear KPIs and objectives to ensure accuracy.

Companies around the world are still wasting money due to ineffective planning processes. With this training we are finally able to change that.

What are you waiting for?

Do you offer a money-back guarantee?

Yes.  If you decide any time in the first 14 days that the course is not for you, we will give you a 100%, no-questions refund.

100% Money Back Guarantee


Join our list for an alert when we open registrations for the next session


Join our list for an alert when we open registrations for the next session