The objectives of this course are to empower professionals and experts with:

• In-depth knowledge and understanding of Demand Planning and Demand Management
• The required skill, knowledge to accurately plan and forecast
• Knowledge of the right amount of inventory to meet customer demand
• Understanding on how to not incur shortages or waste money on making and storing surplus inventory
• The required confidence and experience to partake in devising an effective Inventory Management strategy
• The required awareness, methods, and approaches to choose the best-suited planning method
• Help the organisation to gain maximum benefit
• An overview and an understanding of the value chain in Inventory management
• A sense of pride in playing an important part in increasing organisational profitability

This collaborative Masterclass in Demand Management course will comprise the following training methods: Lectures; Seminars & Presentations; Group Discussions; Assignments; Case Studies & Functional Exercises. Like all our acclaimed courses, this masterclass follows the ‘Do-Review-Learn-Apply’ methodology.

Through this course, organisations will benefit as follows:

• An efficient demand forecasting system, which will enable supply chain-related decisions
• Improved supplier relations and procurement terms which will drive the costing and planning of raw material
• A better planning process which facilities procurement to release timely purchase orders to suppliers.
• Better utilization of capacity and adequate allocation of resources
• Optimization of inventory levels and a reduced ‘Bullwhip’ effect across the Supply Chain
• Improved and effective distribution planning and logistics
• Increase in customer service levels
• A better product lifecycle management

Through this course, professionals involved within the Demand Management process will benefit in the following ways:

• Increased understand and knowledge of all aspects of Demand Management
• Greater skills and understanding to effectively manage international collaborations and communications to transfer information to various departments
• Better skillset and capabilities to perform statistical data analysis and data modelling.
• Increased potential to manage change in demand, effectively with minimal-to-no impact on operations
• Effective decision making and strategic skills to analyse data, and to make the most effective, best-suited decisions