Certified Professional in Demand Forecasting

CPDF III Certification . . .

You can master collaborative forecasting approaches, S&OP process and business integration practices by completing an additional 50 hour curriculum beyond CPDF_II; 20 hours for a two-day Instructor-led, hands-on, professional development workshop. After completing the CPDF III workshop, you can qualify for a certification designation by completing six (6) self-paced, e-learning workshops combined with self study. There are no prerequisites for the training Workshop. However, job related topics are covered at a more advanced level.

To register for this industrial training workshop, visit the workshop registration page.

Day 1	Time	Instructor-led Hands-on Training Workshop
	9:00 AM	Part 1 - The Demand Forecasting and Planning Process in the Supply Chain Concepts of Change and Chance for capturing modeling and uncertainty in demand forecasting Role of demand forecasting in the supply chain Contrasting simple, complicated and complex processes Understanding the respective roles of demand forecasters, demand planners, and demand managers Establishing a Budget forecasting cycle for a forecasting simulation game The PEER model Internal and external drivers of demand (good factors)
		Workshop 28: Targeting the Business Environment for a Rolling Budgeting Process
	10:15	Coffee/Tea Break
		Part II - A Data Framework for Creating a Forecast Decision Support System Ways to characterize demand Types of activity being forecast Budget data for a rolling forecast Lead-times and rolling forecast horizons The on demand dashboard and forecasting system Who is the customer?: Determining forecasting requirements by organization Internal factors likely to influence forecasting Establishing a database framework for efficient storage and retrieval of data and information
		Computer Workshop 29: Understanding the Data Structure in the Rolling Forecast Simulation Game
		Part III - Creating Rolling Baseline Forecasts for a Budget Forecasting Cycle Improving the quality of data in preparation of a statistical forecast Selecting the appropriate aggregation level at which statistical forecasts are to be generated Using a statistical forecasting engine to create unconstrained rolling baseline forecasts Allocating unit and revenue forecasts to lowest levels: SKU and customer/locations Recognizing the implications of making subjective judgments and overrides to multi-level forecasts
	PM	Lunch
		Computer Workshop 30: Adjusting Baseline Forecasts With Managed Overrides
		Part IV - Goals and Objectives of the Forecast Simulation Game with a 12-month Horizon
		Coffee/Tea Break
		Submission of First Rolling Forecast
		Start of Second Rolling Forecast (six months remaining)
Day 2	9:00 AM	Part V - Bias and Precision: Establishing Forecast Error Metrics With Statistical Models Defining bias and precision as the basis for determining forecast accuracy Interpreting prediction limits in statistical models and predictive visualizations Indentifying accuracy measures for evaluating demand forecasts Defining Key Performance Indicators (KPI) for uses of forecasts
		Computer Workshop 31: Handling Exceptions: How To Use Evaluation Criteria To Measure Forecasting Performance
	10:15	Coffee/Tea Break
		Submission of Second Rolling Forecast
		Start of Third Rolling Forecast (three months remaining)
	PM	Lunch
		Submission of Final Rolling Forecast
		Coffee/Tea Break
		Team Presentations
		Part VI - Recap of Simulation Game and Presentation of Game Awards

After you complete this two-day instructor-led workshop, you can earn the CPDF III certification designation by completing six (6) self-paced computer workshop exercises re-enforcing the management principles, forecasting agility and best practices used by demand forecasters worldwide. Upon completion of this phase your CPDF III designation will increase your proficiency and stay competitive in your discipline, while enhancing your salary opportunities of your chosen profession. .

	Self-paced e-Learning Workshops
32	Data Framework Checklist for Forecast Decision Support Systems
33	Data Quality Checklist
34	Forecast Modeling Checklist
35	Forecast Model and Accuracy Assessment Checklist
36	Sales & Operations/IBP Checklist
37	Forecast Management Checklist