Demand Management and Planning Workshop - Telecontran Limited

Telecontran Limited

sales@telecontran.com

Demand Management and Planning Workshop

2 DAYS

INSTRUCTOR LED WORKSHOP

“OUR COURSES CAN BE SPECIALLY TAILORED TO ADDRESS YOUR REQUIREMENT – TELECONTRAN”

Demand Management and Planning

COURSE OBJECTIVES

Global marketplace today is much smaller and interconnected thanks to technological advances. Consumers are impulsive enough in their buying habits and their demand for a product can change dramatically in short time. Regulatory barriers, increased competition, complexity of product innovation, governmental interventions etc. play vital role in the challenging conditions.

Having the right demand forecasting systems play in the overall profitability of businesses as effective demand planning can improve the accuracy of revenue forecasts, align inventory levels in demand and enhance profitability for a product. Continually incorporating demand management best practices can improve accuracy and accountability in any industry.

Telecontran’s 2-day workshop on Demand Management and Planning is designed to introduce the key aspects and core requirements that are needed to design and implement resilient demand planning processes in the industry.

After successful completion of this course, participants will be able to

  • Gain in-depth knowledge of Demand Planning and Management
  • Understand the interaction between Demand Management and Order Management as well as key aspects of the order management function.
  • Identify different types of demand planning tools and techniques and how they are best integrated into crucial business processes.
  • Analyze key aspects of Demand Forecasting and overcome the challenges in organizational forecasting.
  • Evaluate key aspects of demand sensing and demand shaping and apply best practices in demand planning.

COURSE CURRICULUM

This course targets business professionals, sales and marketing executives, Managers, Directors, Software Developers, Engineers, Data Analysts, Big Data Professionals, Strategic Planners and specially personnel who are responsible for Purchasing, Procurement, Inventory, Sales and Project Management.

Introduction to Demand Planning

  • Define demand planning and why it is important to company success
  • Understand the factors that affect demand
  • Explain the primary approaches to planning demand
  • Apply the key roles and skills required in demand planning
  • Analyze the metrics used in demand planning processes

Interaction between Demand Management and Order Management

  • Recognize the key aspects of the order management function
  • Explain the key steps in the customer order and replenishment cycle
  • Compare the key links between demand management and order management
  • Implement the key technologies that enable ecommerce
  • Evaluate the role of ecommerce technologies in enabling effective demand management

Demand Planning Principles

  • Discuss the definitions of forecasting and inventory control
  • Recognize the difference between independent and dependent demand
  • Explain the key components of a demand plan

Demand Planning Tools and Techniques

  • Recognize 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
  • Apply the basic types of forecasting techniques, such as reorder points, economic order quantity (EOQ), lead times, and technology uses

Demand forecasting

  • Recognize the key aspects of communication
  • Understand the key aspects of gaining demand consensus in organizations
  • Apply the key metrics used in demand management and forecasting
  • Analyze the key aspects of managing and prioritizing demand forecasting

Contemporary Approaches to Demand Planning and Management

  • Understand CPFR, its operation, and its benefits
  • Compare pull systems versus push systems
  • Describe the key aspects of demand sensing
  • Explain the concept of demand shaping
  • Apply some key best practices in demand planning

TRAINING/WORKSHOP

DURATION

TRAINING DATE

LOCATION

Demand Management and Planning Workshop

2 Days

12th March - 13th March 2024

Bangkok, Thailand

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