Career Advancement Programme in Demand Forecasting and Forecasting Models

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CourseDetails

  • Introduction to Demand Forecasting and its Applications
  • Time Series Analysis for Demand Forecasting
  • Causal Forecasting Models and Regression Analysis
  • Qualitative Forecasting Methods: Expert Panels and Market Research
  • Forecasting Model Evaluation and Selection
  • Demand Forecasting Software and Tools
  • Implementing and Monitoring Demand Forecasts
  • Advanced Forecasting Techniques: Machine Learning and AI for Demand Forecasting

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Career Role (Demand Forecasting & Forecasting Models) Description Demand Forecasting Analyst Analyze market trends and historical data to predict future demand, utilizing advanced forecasting models.

Crucial for inventory management and strategic planning.

Forecasting Model Developer Develop, implement, and maintain statistical models (e.g., ARIMA, Exponential Smoothing) for accurate demand prediction.

Requires strong programming skills and statistical knowledge.

Supply Chain Forecasting Specialist Integrate forecasting techniques into supply chain operations to optimize inventory levels, reduce costs, and improve efficiency.

A key role in logistics and operations.

Data Scientist (Forecasting Focus) Leverage machine learning and big data analytics to build sophisticated forecasting models, incorporating diverse data sources for improved accuracy.

High demand in many industries.

EntryRequirements

  • BasicUnderstandingSubject
  • ProficiencyEnglish
  • ComputerInternetAccess
  • BasicComputerSkills
  • DedicationCompleteCourse

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  • NotAccreditedRecognized
  • NotRegulatedAuthorized
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FastTrack £140
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  • ThreeFourHoursPerWeek
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StandardMode £90
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  • TwoThreeHoursPerWeek
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CAREER ADVANCEMENT PROGRAMME IN DEMAND FORECASTING AND FORECASTING MODELS
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London School of International Business (LSIB)
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05 May 2025
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