Course description
Demand Management in a Demand Driven Supply Chain
In today’s environment where customers, needs, markets and product portfolios change rapidly; planning the future based on historical data alone is simply not good enough. Demand-driven supply chain management is less likely to be negatively affected by procurement and supply disruptions, demand variability and volatility, short product lifecycle, and frequent new product releases.
Learn how demand-driven supply chains are capable to identify customer needs and use point of sale data; sensing actual demand to provide an adequate response through demand-driven supply chain processes and providing customers with high service levels without holding high inventory levels and incurring in high fulfillment costs.
By the end of this course, that is part of the edX Professional Certificate program to become a Certified Forecaster and Demand Planner (CFDP), you will be able to apply demand-driven supply chain techniques and approaches That include: Demand sensing, demand signal management, data analysis, demand shaping, automated inventory replenishment programs, and Demand Driven Materials Requirement Planning - DDMRP.
CFDP certified professionals are globally preferred by recruiters for decision making positions because they can improve demand planning business processes, implementing collaborative practices that include both providers and retailers to integrate the global supply chain.
Upcoming start dates
Who should attend?
Prerequisites
None
Training content
Section 3.1. Demand driven supply chain framework
- 3.1.1. Demand-driven supply chain fundamentals
- 3.1.2. Reasons to become demand-driven
- 3.1.3. Make-and-sell vs Demand-driven organizations
Section 3.2. Demand sensing
- 3.2.1. Demand sensing fundamentals
- 3.2.2. Demand signals
- 3.2.3. Demand sensing examples
Section 3.3. Improving forecasting with POS data and demand sensing
- 3.3.1. Demand sensing data
- 3.3.2. Demand signal repositories
- 3.3.3. Impact of demand sensing in planning
Section 3.4. Principles of data analysis
- 3.4.1. Building a competitive advantage through analytics
- 3.4.2. Overview of data analysis methods
- 3.4.3. Data analysis drivers and benefits
- 3.4.4. Developing a data culture
Section 3.5. Supply chain response
- 3.5.1. Supply chain responsiveness
- 3.5.2. Demand shaping
- 3.5.3. Automated replenishment programs
Section 3.6. Introduction to Demand Driven Materials Requirement Planning– DDMRP
- 3.6.1. MRP evolution
- 3.6.2. Demand-Driven MRP
- 3.6.3. ROP replenishment policies vs DDMRP
Course delivery details
This course is offered through International Supply Chain Education Alliance, a partner institute of EdX.
2-8 hours per week
Costs
- Verified Track -$299
- Audit Track - Free
Certification / Credits
What you'll learn
- How a Make-and-Sell organization can become Demand-Driven
- How Demand Sensing and Data Analysis can improve Supply Chain Response.
- How to improve forecasting with downstream data and demand sensing
- How to improve supply chain responsiveness with automated replenishment programs
- How reorder point replenishment policies compare to DDMRP (Demand Driven Materials Requirement Planning) inventory buffers
Contact this provider
edX
edX For Business helps leading companies upskill their labor forces by making the world’s greatest educational resources available to learners across a wide variety of in-demand fields. edX For Business delivers high-quality corporate eLearning to train and engage your employees...