This comprehensive 5-day training course is designed to equip participants with the essential knowledge and practical skills to effectively plan and forecast across the supply chain. The course delves into various forecasting techniques, demand planning processes, inventory management strategies, sales and operations planning (S&OP), and the role of technology in optimizing supply chain planning for improved efficiency, reduced costs, and enhanced customer satisfaction.
The training will cover key topics such as the fundamentals of supply chain planning, different forecasting methods (qualitative and quantitative), demand planning processes and collaboration, inventory planning and control techniques, sales and operations planning (S&OP) integration, capacity planning, supply planning, performance measurement in supply chain planning, and the application of software and technology in modern supply chain planning. Hands-on practical sessions will involve case studies, simulations, and the use of forecasting and planning tools.
Who should attend the training
- Supply chain managers
- Demand planners
- Forecast analysts
- Inventory planners
- Operations managers
- Procurement specialists
- Logistics managers
- Sales and marketing professionals
- Anyone involved in supply chain planning and forecasting
Objectives of the training
- Understand the fundamental principles and importance of supply chain planning and forecasting.
- Learn various qualitative and quantitative forecasting techniques and their applications.
- Develop skills in demand planning processes and collaborative forecasting.
- Master inventory planning and control strategies to optimize stock levels.
- Understand the Sales and Operations Planning (S&OP) process and its integration.
- Learn how to perform capacity and supply planning effectively.
- Develop skills in measuring and improving supply chain planning performance.
- Understand the role of technology and software in supply chain planning.
- Enhance the ability to make data-driven decisions in supply chain management.
Personal benefits
- Improved skills in supply chain planning and demand forecasting.
- Enhanced ability to contribute to efficient and cost-effective supply chain operations.
- Increased proficiency in using forecasting and planning tools and techniques.
- Greater understanding of the integration across different supply chain functions.
- Expanded career opportunities in supply chain management roles.
Organizational benefits
- Improved forecast accuracy and reduced demand variability.
- Optimized inventory levels and reduced carrying costs.
- Enhanced alignment between supply and demand.
- Improved operational efficiency and responsiveness.
- Better collaboration across sales, marketing, and operations.
- Increased customer satisfaction through improved product availability.
Training methodology
- Interactive lectures and presentations on supply chain planning concepts
- Case studies and real-world examples of forecasting challenges and solutions
- Group discussions and problem-solving exercises
- Hands-on workshops using forecasting software and planning tools
- Practical session: Applying different forecasting techniques to a given dataset
- Practical session: Developing a demand plan incorporating collaborative input
- Practical session: Calculating optimal inventory levels using different methods
- Practical session: Participating in a simulated Sales and Operations Planning (S&OP) meeting
- Practical session: Analyzing supply chain planning performance using key metrics
Trainer Experience
Our trainers are experienced supply chain professionals with a strong background in planning, forecasting, and optimization across diverse industries. They bring practical insights and real-world expertise to the training, ensuring participants gain valuable and applicable skills.
Quality statement
We are committed to providing high-quality training that aligns with industry best practices in supply chain planning and forecasting. Our course materials are up-to-date, and our trainers are dedicated to ensuring participants develop the skills necessary for effective supply chain management.
Tailor-made courses
We offer customized training programs to meet the specific needs of organizations and industries. Our team can work with you to develop a curriculum that addresses your unique supply chain challenges, product characteristics, and planning processes.
Course Duration: 5 days
Training fee: USD 1300
Module 1: Fundamentals of Supply Chain Planning
- Introduction to the supply chain and its key components
- The importance of planning in supply chain management
- Different levels of supply chain planning: strategic, tactical, operational
- Overview of the supply chain planning process
- Practical session: Mapping a basic supply chain and identifying planning touchpoints
Module 2: Demand Forecasting: Principles and Techniques
- Understanding demand patterns and variability
- Qualitative forecasting methods: market research, Delphi method
- Quantitative forecasting methods: time series analysis (moving average, exponential smoothing)
- Causal forecasting methods: regression analysis
- Practical session: Applying different time series forecasting methods to a sample dataset
Module 3: Demand Planning and Collaboration
- The demand planning process: steps and responsibilities
- Collaborative Planning, Forecasting, and Replenishment (CPFR)
- Internal and external collaboration in demand planning
- Managing demand variability and forecast accuracy
- Practical session: Developing a collaborative demand plan based on sales and marketing input
Module 4: Inventory Planning and Control
- The role of inventory in the supply chain
- Different types of inventory and their purposes
- Inventory control techniques: EOQ, reorder point, safety stock
- Inventory management systems and technologies
- Practical session: Calculating optimal order quantity and reorder point for a given product
Module 5: Sales and Operations Planning (S&OP)
- Understanding the S&OP process and its benefits
- Key steps in the S&OP cycle
- Roles and responsibilities in S&OP
- Integrating demand and supply plans through S&OP
- Practical session: Participating in a simulated S&OP meeting with different functional roles
Module 6: Capacity Planning and Supply Planning
- Understanding different types of capacity and their constraints
- Methods for determining capacity requirements
- Developing supply plans to meet forecasted demand
- Supplier collaboration and management in supply planning
- Practical session: Developing a basic capacity plan based on forecasted demand
Module 7: Performance Measurement in Supply Chain Planning
- Key performance indicators (KPIs) for supply chain planning
- Measuring forecast accuracy and bias
- Tracking inventory performance and service levels
- Monitoring S&OP effectiveness
- Practical session: Calculating and analyzing key supply chain planning KPIs
Module 8: The Role of Technology in Supply Chain Planning
- Overview of supply chain planning software and tools
- Enterprise Resource Planning (ERP) systems
- Advanced Planning Systems (APS)
- Demand planning and forecasting software
- Practical session: Exploring the features of a supply chain planning software
Module 9: Integrating Supply Chain Planning with Other Functions
- Alignment of supply chain planning with sales and marketing
- Collaboration with procurement and logistics
- The impact of financial planning on supply chain decisions
- Cross-functional integration for supply chain optimization
- Practical session: Identifying areas for improved integration between supply chain and other functions
Module 10: Advanced Topics and Future Trends in Supply Chain Planning
- Advanced forecasting techniques and machine learning in forecasting
- Scenario planning and risk management in supply chain planning
- Sustainable supply chain planning practices
- The impact of e-commerce and omnichannel on supply chain planning
- Practical session: Discussing emerging trends and their implications for supply chain planning
Requirements:
· Participants should be reasonably proficient in English.
· Applicants must live up to Armstrong Global Institute admission criteria.
Terms and Conditions
1. Discounts: Organizations sponsoring Four Participants will have the 5th attend Free
2. What is catered for by the Course Fees: Fees cater for all requirements for the training – Learning materials, Lunches, Teas, Snacks and Certification. All participants will additionally cater for their travel and accommodation expenses, visa application, insurance, and other personal expenses.
3. Certificate Awarded: Participants are awarded Certificates of Participation at the end of the training.
4. The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.
5. Approval of Course: Our Programs are NITA Approved. Participating organizations can therefore claim reimbursement on fees paid in accordance with NITA Rules.
Booking for Training
Simply send an email to the Training Officer on training@armstrongglobalinstitute.com and we will send you a registration form. We advise you to book early to avoid missing a seat to this training.
Or call us on +254720272325 / +254725012095 / +254724452588
Payment Options
We provide 3 payment options, choose one for your convenience, and kindly make payments at least 5 days before the Training start date to reserve your seat:
1. Groups of 5 People and Above – Cheque Payments to: Armstrong Global Training & Development Center Limited should be paid in advance, 5 days to the training.
2. Invoice: We can send a bill directly to you or your company.
3. Deposit directly into Bank Account (Account details provided upon request)
Cancellation Policy
1. Payment for all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.
2. Participants may cancel attendance 14 days or more prior to the training commencement date.
3. No refunds will be made 14 days or less before the training commencement date. However, participants who are unable to attend may opt to attend a similar training course at a later date or send a substitute participant provided the participation criteria have been met.
Tailor Made Courses
This training course can also be customized for your institution upon request for a minimum of 5 participants. You can have it conducted at our Training Centre or at a convenient location. For further inquiries, please contact us on Tel: +254720272325 / +254725012095 / +254724452588 or Email training@armstrongglobalinstitute.com
Accommodation and Airport Transfer
Accommodation and Airport Transfer is arranged upon request and at extra cost. For reservations contact the Training Officer on Email: training@armstrongglobalinstitute.com or on Tel: +254720272325 / +254725012095 / +254724452588
