ISCEA: Demand Management in a Demand Driven Supply Chain
Learn how a Make-and-Sell organization can become Demand-Driven through sensing demand signals, analyzing consumer demand data in real time, improving short-term forecast accuracy, and articulating an effective supply network response. By the end of the course, you will also become well versed in demand shaping and automated replenishment programs that reduce shortages and increase profitability.
Part of the ISCEA CFDP - Certified Forecaster and Demand Planner - Internationally Recognized Certificate.
There is one session available:
Demand Management in a Demand Driven Supply Chain
About this courseSkip About this course
In today’s environment where customers, needs, markets and product portfolios change rapidly; planning the future based on historical data alone is simply not good enough. Demand-driven supply chain management is less likely to be negatively affected by procurement and supply disruptions, demand variability and volatility, short product lifecycle, and frequent new product releases.
Learn how demand-driven supply chains are capable to identify customer needs and use point of sale data; sensing actual demand to provide an adequate response through demand-driven supply chain processes and providing customers with high service levels without holding high inventory levels and incurring in high fulfillment costs.
By the end of this course, that is part of the edX Professional Certificate program to become a Certified Forecaster and Demand Planner (CFDP), you will be able to apply demand-driven supply chain techniques and approaches That include: Demand sensing, demand signal management, data analysis, demand shaping, automated inventory replenishment programs, and Demand Driven Materials Requirement Planning - DDMRP.
CFDP certified professionals are globally preferred by recruiters for decision making positions because they can improve demand planning business processes, implementing collaborative practices that include both providers and retailers to integrate the global supply chain.
At a glance
- Language: English
- Video Transcript: English
- Associated skills:Demand Management, Decision Making, Product Lifecycle, New Product Development, Business Process, Demand Planning, Point Of Sale, Planning, Supply Chain Management, Demand Sensing, Procurement, Supply Chain
What you'll learnSkip What you'll learn
- How a Make-and-Sell organization can become Demand-Driven
- How Demand Sensing and Data Analysis can improve Supply Chain Response.
- How to improve forecasting with downstream data and demand sensing
- How to improve supply chain responsiveness with automated replenishment programs
- How reorder point replenishment policies compare to DDMRP (Demand Driven Materials Requirement Planning) inventory buffers
Section 3.1. Demand driven supply chain framework
3.1.1. Demand-driven supply chain fundamentals
3.1.2. Reasons to become demand-driven
3.1.3. Make-and-sell vs Demand-driven organizations
Section 3.2. Demand sensing
3.2.1. Demand sensing fundamentals
3.2.2. Demand signals
3.2.3. Demand sensing examples
Section 3.3. Improving forecasting with POS data and demand sensing
3.3.1. Demand sensing data
3.3.2. Demand signal repositories
3.3.3. Impact of demand sensing in planning
Section 3.4. Principles of data analysis
3.4.1. Building a competitive advantage through analytics
3.4.2. Overview of data analysis methods
3.4.3. Data analysis drivers and benefits
3.4.4. Developing a data culture
Section 3.5. Supply chain response
3.5.1. Supply chain responsiveness
3.5.2. Demand shaping
3.5.3. Automated replenishment programs
Section 3.6. Introduction to Demand Driven Materials Requirement Planning– DDMRP
3.6.1. MRP evolution
3.6.2. Demand-Driven MRP
3.6.3. ROP replenishment policies vs DDMRP
Frequently Asked QuestionsSkip Frequently Asked Questions
How will this course get me closer to become an ISCEA Certified Forecaster and Demand Planner - CFDP?
- This course is one of 3 courses required to become a CFDP. The completion of the following courses is required to take the CFDP Certification Exam:
- CFDP01: Improving Supply Chain Performance through Demand Planning
- CFDP02: Forecasting Techniques for Slow and Rapidly Changing Demand
- CFDP03: Demand Management in a Demand Driven Supply Chain
- After completing the three courses you have to pass the Certification Exam to earn the CFDP designation:
- CFDP-EXAM: Certified Forecaster and Demand Planner - CFDP - Certification Exam