Pideya Learning Academy

Smart Demand Forecasting in Supply Chains

Upcoming Schedules

  • Schedule

Date Venue Duration Fee (USD)
06 Jan - 10 Jan 2025 Live Online 5 Day 3250
03 Mar - 07 Mar 2025 Live Online 5 Day 3250
12 May - 16 May 2025 Live Online 5 Day 3250
02 Jun - 06 Jun 2025 Live Online 5 Day 3250
28 Jul - 01 Aug 2025 Live Online 5 Day 3250
22 Sep - 26 Sep 2025 Live Online 5 Day 3250
06 Oct - 10 Oct 2025 Live Online 5 Day 3250
22 Dec - 26 Dec 2025 Live Online 5 Day 3250

Course Overview

In today’s fast-paced and disruption-prone global market, demand forecasting has evolved from a background function to a central pillar of supply chain strategy. The exponential growth of e-commerce, fluctuating consumer expectations, and recurring global supply chain shocks—from pandemics and natural disasters to trade wars and geopolitical shifts—have redefined the way organizations approach planning. In such a volatile landscape, accuracy in forecasting is not just a competitive edge—it is a business imperative. Pideya Learning Academy’s training program, Smart Demand Forecasting in Supply Chains, offers professionals a forward-thinking approach to mastering demand forecasting using advanced statistical methods and AI-powered solutions.
Modern forecasting is no longer about projecting past trends into the future. Instead, it’s about dynamically integrating internal historical data with external indicators such as weather trends, macroeconomic data, competitive movements, and consumer sentiment analysis. This course equips participants to harness cutting-edge technologies such as Artificial Intelligence, Machine Learning, and advanced analytics to develop adaptive, accurate, and resilient forecasting models that work across complex global supply chains. By addressing variability in consumer behavior, product life cycles, and market conditions, this training ensures that organizations remain agile, responsive, and aligned with demand signals.
Industry data underscores the urgency of transformation. A recent McKinsey study found that companies implementing AI-enhanced forecasting achieved up to a 65% reduction in lost sales and a 50% cut in inventory holding costs. Similarly, the Institute of Business Forecasting & Planning (IBF) highlights that companies with mature demand planning processes outperform their peers with 15% greater forecast accuracy, which translates to improved service levels, streamlined operations, and reduced waste. As businesses race to optimize their planning functions, investing in advanced forecasting capabilities becomes not just strategic, but foundational.
The Smart Demand Forecasting in Supply Chains program by Pideya Learning Academy is designed to reflect these industry shifts and meet the needs of today’s professionals. The course introduces participants to essential forecasting concepts while progressively layering in advanced methodologies such as Demand Sensing, Probabilistic Forecasting, and Hierarchical Time-Series Modeling. In addition, the course examines the practical integration of Collaborative Planning, Forecasting, and Replenishment (CPFR) models that strengthen supplier-buyer alignment. All topics are discussed through a strategic lens, ensuring relevance across manufacturing, retail, logistics, and distribution sectors.
Participants will develop the ability to evaluate AI-driven forecasting models, use clustering techniques for demand segmentation, and incorporate external market indicators into planning workflows. The program also provides structured exposure to tools that support scenario modeling, enabling attendees to explore the “what-if” dimensions of demand variability and supply chain responsiveness. As organizations increasingly seek to align their forecasting efforts with financial planning, procurement, and operational execution, this course lays the foundation for a unified, digitally intelligent planning ecosystem.
Key highlights of the training include the ability to:
Understand the evolution and strategic relevance of forecasting in digital supply chains
Evaluate and select AI-driven demand forecasting tools and algorithms
Integrate external indicators and real-time data streams into forecasting workflows
Segment demand using clustering and classification models to improve forecast precision
Model complex demand scenarios and align forecasts with end-to-end business planning
Design resilient and collaborative demand planning processes to manage volatility and drive efficiency
By participating in this training, professionals will not only gain a robust understanding of forecasting techniques, but also develop the strategic mindset needed to drive cross-functional planning excellence. Whether you are leading supply chain transformation, optimizing inventory strategies, or building predictive analytics capabilities, this course from Pideya Learning Academy serves as an essential step toward future-ready forecasting.

Key Takeaways:

  • Understand the evolution and strategic relevance of forecasting in digital supply chains
  • Evaluate and select AI-driven demand forecasting tools and algorithms
  • Integrate external indicators and real-time data streams into forecasting workflows
  • Segment demand using clustering and classification models to improve forecast precision
  • Model complex demand scenarios and align forecasts with end-to-end business planning
  • Design resilient and collaborative demand planning processes to manage volatility and drive efficiency
  • Understand the evolution and strategic relevance of forecasting in digital supply chains
  • Evaluate and select AI-driven demand forecasting tools and algorithms
  • Integrate external indicators and real-time data streams into forecasting workflows
  • Segment demand using clustering and classification models to improve forecast precision
  • Model complex demand scenarios and align forecasts with end-to-end business planning
  • Design resilient and collaborative demand planning processes to manage volatility and drive efficiency

Course Objectives

After completing this Pideya Learning Academy training, the participants will learn to:
Identify key drivers and disruptors influencing supply and demand variability
Differentiate between traditional and AI-enabled forecasting approaches
Build demand segmentation strategies for various product and market types
Analyze time-series data for trend, seasonality, and cyclicality
Interpret predictive analytics output to improve forecast quality
Align demand forecasts with production and procurement schedules
Implement collaborative forecasting strategies with suppliers and stakeholders

Personal Benefits

Deepened expertise in forecasting principles and next-gen tools
Improved analytical decision-making and cross-functional coordination
Competitive advantage in supply chain leadership roles
Exposure to cutting-edge AI and statistical modeling techniques
Enhanced capability to manage uncertainty and risk in planning

Organisational Benefits

Strengthened inventory turnover and working capital optimization
Improved customer satisfaction through higher service levels
Enhanced alignment between supply chain, sales, and financial planning
Lower obsolescence and markdown losses through accurate forecasting
Scalable forecasting frameworks that grow with digital transformation initiatives

Who Should Attend

This program is ideal for:
Supply Chain Managers and Demand Planners
Inventory and Procurement Analysts
Sales and Operations Planning (S&OP) Professionals
Business Intelligence and Data Science Teams
ERP and Supply Chain System Implementers
Forecasting Consultants and Strategic Planners
Detailed Training

Course Outline

Module 1: Fundamentals of Demand Forecasting
Forecasting objectives and performance metrics Role of forecasting in the supply chain cycle Historical data analysis and demand profiling Moving averages and exponential smoothing Forecast error measurement (MAPE, RMSE) Business cycle and macroeconomic influences Time horizon selection and forecast frequency
Module 2: AI and Machine Learning in Forecasting
Introduction to AI forecasting algorithms Supervised vs. unsupervised learning models Neural networks and deep learning overview Feature engineering for forecasting variables Predictive analytics and model training cycles Bias-variance trade-off in model selection Model accuracy validation and testing
Module 3: Demand Segmentation and Product Profiling
ABC/XYZ segmentation Product lifecycle stage analysis Volatility and predictability clustering Forecasting by market/channel segments Multi-echelon demand profiling Cross-functional data integration Aggregated vs. disaggregated forecasts
Module 4: Advanced Statistical Techniques
Autoregressive Integrated Moving Average (ARIMA) Seasonal and cyclical decomposition Regression analysis and causal modeling Outlier detection and noise reduction Forecast confidence intervals Bayesian models and probabilistic forecasting Hierarchical and multivariate time-series modeling
Module 5: Demand Sensing and Real-Time Adjustments
Real-time data capture and streaming analytics Short-term vs. long-term sensing models Sensor-driven supply chain responses Dynamic parameter tuning in forecasts High-frequency signal integration (POS, IoT) Pattern recognition from digital channels Tools for adaptive forecast correction
Module 6: Collaborative Forecasting and CPFR
Principles of CPFR in modern supply chains Stakeholder data sharing protocols Role of suppliers and distributors in forecasting Sales and Marketing inputs into planning Conflict resolution and forecast reconciliation Platform selection and digital CPFR tools Governance and compliance in shared forecasting
Module 7: Scenario Planning and Risk Mitigation
Demand planning under uncertainty Simulation modeling and “what-if” analysis Stress-testing supply chain responses Black swan events and contingency forecasting Forecasting under disruption scenarios Recovery planning and decision trees Sensitivity analysis and strategic levers
Module 8: Tools, Platforms, and Dashboards
Forecasting functionalities in ERP platforms Integrating AI tools into existing systems Data visualization of forecast trends Dashboard design for planning insights API-based forecasting solutions Data cleaning and transformation tools Performance tracking and KPI visualization
Module 9: Forecast Accuracy and Performance Management
Key performance indicators for forecasts Rolling forecast updates and tracking cycles Forecast value-added (FVA) analysis Root cause analysis of forecast errors Forecast bias reduction strategies Governance of demand planning teams Forecast audit processes
Module 10: Future of Demand Forecasting
Emerging trends in forecasting technology AI ethics and responsible data usage Integration of ESG and sustainability metrics Human-AI collaboration in planning Autonomous planning systems Talent transformation in forecasting roles Forecasting maturity model and roadmap

Have Any Question?

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