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Sharpen your Supply chain with accurate
Demand Planning - one day training seminar
- presented by
Mark Chockalingam, Ph. D., and
Mark Lawless
- April 29, 2009
- Best Western TLC Hotel in Waltham, MA
- includes complete
materials with calculation templates on a CD to take away
- Start with continental
break fast and includes lunch and snacks
- Costs just $499 for
one full day of training, $899 for two from the same company.
- Call us at (781)995-0685 for special
group discounts!
Print
a complete seminar brochure (in PDF format)
Topics Covered:
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I. Demand Forecasting
Overview - 8:30am
30 minutes
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a. Demand Forecasting Basics
b. Key Terminology & Concepts
c. Demand Process |
d. Organization Structure and Culture
e. Role of the Demand Forecaster
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II. Data Analysis & Model Selection – 9:00 am
1 hour |
a. Data Analysis
b. Central Tendency and measures of Dispersion
c. Outliers and Missing Data
d. Structural Changes and Data Shifts
e. Trend
f. Seasonality |
g. Cyclicality
h. Relationship of Data Characteristics to Error
i. Model Assumptions About Data and Error
j. Ex Post Forecasting
k. Optimal Model Selection |
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Break 10:15 to 10:30 am
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III. Modeling and Graphical decomposition- Mark Chockalingam 10:30am
90 minutes
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Lunch: 12 noon to 1:30 pm
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IV.
Modeling – Smoothing models - Mark Lawless 1:30pm
90
minutes |
a. Time series Averages
b. Smoothing Methods
c. Exponential Smoothing |
d. Decomposition Models
e. Brief introduction to ARIMA models and causal Models |
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Break: 3:00 to
3:15
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V. Demand Forecasting Error Metrics- Mark Chockalingam 3:15pm
1 hour |
a. Mean Absolute Deviation
b. Mean Error
c. Mean Percentage Error
d. Mean Absolute Percentage Error
e. Weighted Mean Percentage Error |
f. Squared Error
g. Mean Squared Error
h. Forecast Bias
i. Appearance and Expected Value of Error |
V.
Brief introduction to S&OP Mark Chockalingam- 4:15pm
30 minutes |
| You Will Learn: |
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Formulate accurate baseline models
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Set up a consensus demand planning process |
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Leverage customer intelligence to increase
the accuracy of your forecasts |
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Measure and use forecast accuracy |
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Forecast and plan for new products |
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Reconcile top down forecasts and bottom up
demand plan |
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Leverage the Sales and Operations Planning
process to improve the supply chain |
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Reduce inventory costs and improve service
levels |
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Register now!
About the Workshop Leaders
Mark
Chockalingam is Principal, Demand Planning, LLC based
in Arlington, MA. Mark consults for small and medium sized companies
helping them re-engineer their Supply Chains to create organizational
value. He is a frequent speaker at major supply chain events.
Mark has spent most of his career in business forecasting and
supply chain Analytics. He has specialized in the CPG and the
healthcare space, implementing best practices to sharpen complex
supply chains and help them be more customer focused. He has held
positions of increasing responsibility within the Fortune 500
and has consulting and corporate experience in Chemicals, HealthCare,
CPG, Transportation and Utilities. Mark J. Lawless is
a Principal
Consultant with Demand Planning LLC. Mark
has worked across several industry verticals including the
automotive, technology, foodservice, consumer goods, financial
services, publishing, healthcare, banking, pharmaceuticals,
marine products, and other industry sectors. His specialty
consulting areas include Corporate Finance, Operations Forecasting
& Planning, Strategic Forecasting, Financial Planning
& Budgeting, and related quantitative disciplines.
About the Hotel
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Whether traveling for business or
leisure, the Best Western TLC Hotel has it all! Situated
in Massachusetts' Heart of the Route 128 Technology Belt,
this Waltham hotel is a full-service property featuring
a friendly, helpful staff and convenient access to many
local attractions. As the hotel is just 15 minutes outside
of Boston, guests will be close to the Freedom Trail, the
Minute Man National Monument and both the Atlantic Aquarium
and the New England Aquarium.
Each well-appointed guest room features cable satellite
television and free high-speed Internet access. Guests
will enjoy dining at the Piccadilly Pub Restaurant, which
offers a complimentary continental breakfast as well as
a variety of dishes for lunch and dinner. The Best Western
TLC Hotel also features an indoor heated swimming pool,
exercise facility, business services and meeting/banquet
space accommodating up to 256 people.
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