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S&OP & Demand Forecasting for Supply Chain Managers w/ Excel
Business100% OFF

S&OP & Demand Forecasting for Supply Chain Managers w/ Excel

Sitmi Academy
5(11 students)
Self-paced
All Levels

About this course

This course contains the use of artificial intelligence. Master the skills of End-to-End Forecasting, Demand Planning, S&OP & IBPThis course helps anyone to master Supply and Demand Planning, improve demand forecasting accuracy, optimize inventory and understand how S&OP and IBP drive real business decisions. This course is designed to teach you from supply chain fundamentals to advanced planning and business integration, combining theory, real-world examples, Excel-based forecasting, KPIs, and hands-on practice.

In today’s volatile and competitive environment, organizations no longer succeed with siloed planning. Companies need professionals who understand demand planning, forecasting, inventory management, supply planning, Sales & Operations Planning (S&OP), and Integrated Business Planning (IBP) and know how to apply them in real business scenarios. This course gives you end to end mastery with below topics..

Why This Course Is Different? Most courses explain concepts in isolation. This course connects everything end-to-end, just like a real business operates.

You will learn:How demand is created, forecasted, and translated into supply and inventory decisionsHow Sales, Operations, Supply Chain, Finance, and Leadership collaborate through S&OPHow organizations evolve from S&OP to Integrated Business Planning (IBP)How to use Excel forecasting tools, formulas, and templates on real dataHow KPIs drive planning decisions, not just reportingThis course is thoughtfully designed by academic and industry experts and reflects how planning is done in manufacturing, retail, and service organizations worldwide. What You Will Learn in This CourseBasic Introduction to Course1. Business Operations – Manufacturing & Service Operations2.

Demand Vs Supply in Supply Chain3. What is Demand, Sales & Forecast, Understanding with examples & their difference4. Determinants of Demand – What factors in Market determine / influence demand patterns5.

Impact of imbalanced supply and demand in Overall Supply Chain6. Business Planning interlink – From Long term Strategy to Mid Term Operational Plans to Daily Tactical execution7. Role of S&OP in Business Planning & Execution.

Overview of Sales & Operations Planning (S&OP)1. Overview of Sales & Operations Planning (S&OP) with its History2. Detailed Overview & Live Scenario of S&OP Step Meetings with examples.

· Overview & Live Scenario of S&OP Step 1· Overview & Live Scenario of S&OP Step 2· Overview & Live Scenario of S&OP Step 3· Overview & Live Scenario of S&OP Step 4· Overview & Live Scenario of S&OP Step 53. Benefits of S&OP in Business4. RASCI Matrix of different S&OP stepsIntroduction to Forecasting1.

What is forecasting2. What is demand planning3. What is difference between Forecasting & Demand Planning4.

Benefits of forecasting & Demand Planning in Business. 5. Constrained Vs Unconstrained Demand with Examples.

6. Different Types of forecastinga. Qualitative Forecasting with Methods & Examplesi.

Delphi Methodii. Market surveyiii. Sales force compositeiv.

Executive Opinionb. Quantitative Forecasting with Methods & Examplesi. Time Seriesii.

Regression Model7. Answer to common question - Which forecasting is best? 8.

Characteristics of Forecast. 9. Forecast horizon & Frozen Period10.

Top down and down top approaches in Demand Planning11. Role of Demand Planner12. Common Challenges in ForecastingForecasting Methods Overview and Forecasting demand using MS Excel1.

Basic Forecasting Methods Overview & forecasting through excel. a. Naïve Forecastb.

Moving Average Methodc. Weighted Moving average methodd. Exponential smoothing method2.

Advanced Forecasting Methods using Excel· FORECAST. LINEAR· FORECAST. ETS· FORECAST.

ETS. SEASONALITY· FORECAST. ETS.

CONFINT· FORECAST SHEET· Forecasting in excel using Seasonality Index methodCalculating & Understanding KPI’s of S&OP in ExcelStep 1 – New Product Planning & Data Collection KPI’s· Data Completeness %· New Product Forecast Accuracy· Vitality Index %· Time to Market (Days)Step 2 – Demand Planning KPI’s· Forecast Error· Absolute Error· Squared Error· Root Mean Squared Error· Mean Absolute Error· Mean Absolute Percentage Error· Weighted Mean Absolute Percentage Error· Forecast Accuracy %· Forecast Bias %· Forecast Value AddStep 3 – Supply Planning KPI’s· On time Delivery %· On time in full %· Capacity Utilization %· Inventory Turns· Days of Sales (DOS)· Supply Plan Adherence %Step 4 – Pre S&OP / Financial Reconciliation KPI’s· Revenue Forecast Accuracy· Inventory Value Variance· Scenario Impact ValueStep 5 – Executive S&OP Review KPI’s· Business Plan Achievement %· Customer Service Level %· Decision Closure Rate %· Meeting Attendance %Overview of Integrated Business Planning (IBP)1. IBP Introduction & History2. S&OP Vs IBP3.

Steps to Transform S&OP to IBPBest Practices in S&OP1. Don’t forecast, Collaborate and set standard processes. 2.

Forecast Demand and not sales. 3. Quantity or Dollar?

4. Don’t run behind forecast accuracy as a success. 5.

Incentivize your team who are involved in forecasting. Supply Chain Technologies6. Role of AI & ML In Forecasting7.

Examples of AI & ML in each step of S&OP8. Top tools used globally in S&OP Maturity9. Case studies of AI & ML applications in S&OPWho This Course Is ForSupply Chain Managers & AnalystsDemand Planners & Inventory PlannersProcurement & Purchasing ProfessionalsLogistics & Transportation PlannersOperations & Production PlannersMBA & Management StudentsProfessionals moving into Supply Chain rolesAnyone who wants to master Demand Planning, Forecasting, S&OP, and IBPWhat You Will Be Able to Do After This CourseConfidently perform demand forecasting and demand planning on any datasetRun an end-to-end S&OP cycle with clarityUnderstand how inventory, supply, and capacity decisions are madeUse Excel forecasting tools professionallySpeak the language of supply chain, finance, and leadershipAdd immediate value by improving forecast quality and planning decisionsCourse Features100% On-Demand Video LearningPractical Excel-based examplesDownloadable templates and handoutsLifetime AccessCertificate of CompletionFinal NoteThis is not just another theoretical supply chain course.

This is a complete, practical, and career-oriented journey through Forecasting, Demand Planning, S&OP and IBP, designed to help you make better decisions and create real business impact. Enroll now and transform the way you plan, forecast, and manage supply chains.

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Level: All Levels

Suitable for learners at this level

Duration: Self-paced

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Instructor: Sitmi Academy

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  • 📹Video lectures
  • 📄Downloadable resources
  • 📱Mobile & desktop access
  • 🎓Certificate of completion
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