Course Schedules

Classroom 7 Sessions
Online / Live
Live

No dates scheduled

Introduction

Demand Planning & Demand Management Training Course provides a comprehensive understanding of how organizations can effectively forecast, plan, and manage customer demand across supply chains. This Demand Planning Training Course highlights the importance of aligning sales, marketing, and operational activities to ensure efficient fulfillment of demand in both service and manufacturing environments.

Participants will explore how demand forecasting influences production, inventory, and distribution decisions. The course emphasizes moving from reactive approaches to proactive demand management strategies that enhance operational efficiency and customer satisfaction.

Through this Demand Management Training Course, professionals will gain practical insights into inventory optimization, cost reduction, and service improvement. It also focuses on managing stock levels, prioritizing Stock Keeping Units (SKUs), and improving forecasting accuracy.

What are the Goals?

Demand Planning & Demand Management Training Course aims to develop strong capabilities in forecasting, inventory control, and demand management to improve operational performance and customer satisfaction.

This course enables participants to understand demand planning techniques and apply best practices to optimize inventory and supply chain efficiency.

  • Understand the importance of inventory and its impact on profitability
  • Identify effective methods for planning and forecasting demand
  • Analyze the value chain within inventory management
  • Apply best practices for managing demand efficiently
  • Improve customer satisfaction through better demand fulfillment
  • Reduce inventory investment and operational costs
  • Understand inventory classification and management techniques
  • Manage Stock Keeping Units (SKUs) based on priority and demand
  • Enhance forecasting accuracy using appropriate tools and methods
  • Measure and improve demand management system performance

Who is this Training Course for?

Demand Planning & Demand Management Training Course is designed for professionals involved in planning, forecasting, procurement, and inventory management who aim to improve demand-driven operations.

It is particularly beneficial for individuals responsible for aligning supply chain activities with customer demand and organizational objectives.

  • Purchasing and procurement professionals managing supply needs
  • Inventory and warehouse professionals overseeing stock control
  • Sales professionals involved in demand forecasting
  • Project personnel managing resource planning
  • Supply chain professionals responsible for demand planning
  • Individuals involved in material and equipment acquisition
  • Professionals supporting inventory and demand evaluation processes
  • Team members seeking to improve demand management practices

How will this Training Course be Presented?

Demand Planning & Demand Management Training Course uses a practical and interactive learning approach to ensure participants can apply demand planning and forecasting techniques effectively. The course is highly engaging and encourages participants to reflect on their current practices and identify opportunities for improvement.

Participants will take part in case studies, group discussions, and hands-on exercises that simulate real-world demand planning and inventory challenges. These activities help reinforce key concepts such as forecasting accuracy, safety stock calculation, and inventory optimization.

The course also introduces tools and techniques for inventory recording, including modern technologies such as barcoding and RFID systems. Practical sessions will focus on applying forecasting models, managing stock levels, and measuring system performance.

This structured methodology ensures participants gain the confidence to improve demand planning processes, reduce costs, and enhance customer satisfaction through efficient demand management strategies.

Course Content

Day 1

Day One: Demand in the Supply Chain

  • Understanding the Supply Chain
  • Customer Segmentation
  • Knowing the Needs of the Customer
  • Pareto Law in Identifying Product Classification
  • Location of Inventory
Day 2

Day Two: Demand Planning

  • Hierarchy of Planning
  • Aggregate Planning
  • Different Types of Demand Planning
  • Maintenance & Inventory Planning
  • Master Scheduling
Day 3

Day Three: Forecasting

  • Principles of Forecasting
  • Effect of Lead Time on the Forecasting Process
  • Quantitative and Qualitative Forecasting
  • Tracking Forecast Accuracy
  • Determining Safety Stock
Day 4

Day Four: Inventory Recording

  • Periodic Stock Take
  • Cycle Counting
  • Perpetual Recording
  • Utilising Bar-codes to Manage Inventory and Movements
  • The use of Radio Frequency Identification (RFID) for Recording Inventory Movement
  • Inventory Accounting
Day 5

Day Five: Demand Management

  • Understanding the Principles of Managing Demand
  • Stock Turnover Rate
  • Customer Service
  • Cost of Operations
  • Measuring the Effectiveness of your System
  • How to use the Measurements

The Certificate

Recognition
  • Anderson Certificate of Completion for delegates who attend and complete the training course
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