Supply Chain: Demand Planning (Sales Forecasting and S&OP)

S&OP: Generate Unconstrained Demand & Measure Sales Forecast Accuracy

4.45 (3775 reviews)
Udemy
platform
English
language
Operations
category
Supply Chain: Demand Planning (Sales Forecasting and S&OP)
14,070
students
2 hours
content
Nov 2018
last update
$64.99
regular price

What you will learn

Reflect reality of market demand and then drive a balanced sales forecast.

Measure forecast accuracy & apply forecasting improvement steps.

Generate rolling forecast for wider horizons for business growth & capacity planning.

Apply time fence policy of forecasting to draw the line between supply & demand teams.

Why take this course?

This is a unique training course in its likelihood of implementation. Firstly, the course will teach you how to make mirror reflection of market demand by applying effective solution of developing sales forecast.

There will be horizontal techniques & vertical approaches which are constraining the forecasts figures to be at equilibrium phase.

Fundamental components to integrate demand with supply will be demonstrated as well in order to have high level of effective sales & operation planning (S&OP). These are; rolling forecast, time fence policy, forecast variances, etc.

Forecasting accuracy methodologies will be explained as well, to drive assurance of having high level accurate sales forecasting figures and to operate at optimum cost of operation.

The course is explaining each concept by an exercise and this is what differentiating this course and making it unique one.

Each exercise is in a plug-and-play format, using Microsoft Excel to present information from a conceptual point of view. From this, it should be easy to compare the information presented to your current ERP system.

Screenshots

Supply Chain: Demand Planning (Sales Forecasting and S&OP) - Screenshot_01Supply Chain: Demand Planning (Sales Forecasting and S&OP) - Screenshot_02Supply Chain: Demand Planning (Sales Forecasting and S&OP) - Screenshot_03Supply Chain: Demand Planning (Sales Forecasting and S&OP) - Screenshot_04

Our review

--- **Overview of the Course** The global course rating stands at a robust **4.47**, with all recent reviews indicating a positive reception, albeit with some areas for improvement. The course is generally well-structured for beginners, but some learners have suggested enhancements to the course materials and quizzes for a more comprehensive learning experience. **Pros of the Course:** - **Well-Structured Content**: The course is designed in a way that is beginner-friendly. - **Concise and Digestible Material**: The material provided is simple, concise, and easy to understand. - **Focus on Essentials**: Videos are short and straight to the point, with no unnecessary content. - **High Quality Information**: Many learners found the course to be a good refresher or an excellent introduction to demand planning and S&OP. - **Relevance and Depth**: The content covered the fundamentals of demand planning, supply chain management, and provided a deeper insight into forecast accuracy, which is valuable for private equity analysts and others in similar roles. - **Improved Knowledge**: Several reviews mention that the course expanded upon or improved their knowledge from previous academic or professional experience. **Cons and Areas for Improvement:** - **Quiz Material Accessibility**: Some learners pointed out that quiz materials are not downloadable, and exercise materials are minimal. - **Pacing of Videos**: A few learners found the lectures to be too fast-paced, making it difficult to take notes or keep track of the learning material without slides. - **Quizzes Placement and Design**: The quizzes could be more representative of the course content, with some suggesting that quizzes should be placed after each section for immediate assessment of understanding. A final comprehensive quiz was also recommended. - **Excel File Availability**: There is a recurring theme of the need for downloadable excel files for quizzes and practical exercises, as screen shots in tests are not as effective. - **Tutorial Clarity**: Some learners requested more detailed explanations for concepts such as MAPE, Intercept, and Slope in sales forecast analysis. - **Case Studies and Practical Application**: A desire for more complex examples or real case studies with actual templates, especially for industries like FMCG. - **Course Material Timing**: Some learners suggested that all course materials, including the excel files, should be made available at the beginning of the course instead of at its end. - **Technical Issues and Communication**: There were instances where learners tried to reach out to the instructor for clarification on materials but did not receive responses. - **Formula Accuracy**: One learner pointed out a mistake in the Forecast Q4 Review percentage, highlighting the importance of accuracy even in course content. **Recommendations for Future Improvements:** - **Enhance Quiz Materials**: Provide downloadable quiz materials and sample excel files to facilitate hands-on learning. - **Improve Pacing**: Consider slowing down the video lectures to improve comprehension, especially for new learners. - **Increase Interactivity**: Incorporate more interactive elements and practical exercises into the course. - **Clarify Complex Concepts**: Ensure that complex concepts like MAPE, Intercept, and Slope are thoroughly explained. - **Provide Comprehensive Materials**: Make all necessary materials, including case studies and excel templates, available from the outset of the course. - **Responsive Communication**: Address learner inquiries promptly to enhance the learning experience. **Final Thoughts:** Overall, the course is highly regarded by learners who have found it to be both informative and relevant to their fields. With some targeted improvements, particularly around the accessibility of materials for practical application and enhancing the quiz experience, this course has the potential to be an even more effective tool for learning demand planning and S&OP.

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599738
udemy ID
9/1/2015
course created date
2/26/2020
course indexed date
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