Planning & Forecasting – Statistical Models

Course that explains business understanding and explanation of statistical forecasting models

This course aims to help the business planners better understand and master the methods of planning and forecasting

The course has been designed for a planning professional working as a part of the business functions like supply chain, finance or sales & marketing. The purpose of the course is to equip the planner with the basic principles of planning and business understanding of the quantitative techniques and their use.

The course does not delve upon the mathematical derivations of the forecasting models or statistical computations of various coefficients and parameters. It is expected that the business planner would be using a planning software that assist in such derivations and computations
Pre Requisites
  • Basic understanding of statistics
  • Basic understanding of planning process and business set up
Key Learnings
  • Data cleaning and management
  • Understanding various time series forecasting methods
  • Understanding linear regression method
  • Understanding of simple and special forecasting methods like Croston’s
Methodology
  • Presentation explanation
  • Real experience sharing
  • System based demonstrations
  • Exercises
  • Question Answers

COMPLIMENTARY ACCESS TO INTRODUCTORY SESSION ON PLANNING & FORECASTING ON 7TH AUGUST IF REGISTERED BY 5TH AUGUST FOR THIS COURSE

Hourly Schedule

7th August

3 - 4:30 pm IST
About Planning & Forecasting
Fundamentals of planning & forecasting

8th August

11 - 12:30 pm IST
Data Cleansing &Management
Discussion on data management for forecasting
3 - 4:30 pm IST
Exponential Smoothing
Understanding exponential smoothing family of models

14th August

3 - 4:30 pm IST
ARIMA
Understanding ARIMA model

15th August

3 - 4:3 pm IST0
Simple and special models
Understanding simple and special models like Croston's

21st August

3 - 4pm IST
Regression
Understanding linear regression in forecasting

Date

Aug 08 2020

Local Time

  • Timezone: America/New_York
  • Date: Aug 08 2020

Cost

INR 7500 + GST

More Info

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