Course

Demand Forecasting

Demand forecasting is comprised of a series of steps that involves anticipation of demand for a product in future under both controllable and non-controllable factors. Predicting right demand of a product enables an organization to: plan and schedule the production and acquire the inputs accordingly, make provisions for finances, formulate a pricing strategy and prepare marketing plans and implement them.

6 Lessons

Outcomes

By the end of the course, learners will be familiar with the following:

  • Develop an understanding of demand forecasting in general
  • Discover examples of real life applications of forecasting and its impact
  • Learn about various forecasting techniques, their use-cases & application
  • Do an exercise on demand forecasting
 Level: NA
Duration: 4 hours
Pre-requisites: Forecasting techniques
What’s next: Customer Churn

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