Certified Forecaster and Demand Planner (CFDP)

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Certified Forecaster and Demand Planner (CFDP) provided by edX is a comprehensive online course, which lasts for 13 weeks long, 1-6 hours a week. Certified Forecaster and Demand Planner (CFDP) is taught by Jorge Morales. Upon completion of the course, you can receive an e-certificate from edX. The course is taught in Englishand is $1,296.00. Visit the course page at edX for detailed price information.

Overview
  • Demand planning has always been an essential process for virtually every company, but Certified Demand Planners have never been in such high demand.

    Demand management in today’s business environment is a challenging task. Disruptive events like pandemics, economic sanctions, and armed conflicts have a huge impact on both consumer behavior and goods availability. Top companies are currently recruiting Skilled Demand Planners to be able to adapt to the "new normal" conditions, and ISCEA’s Certified Forecaster and Demand Planner (CFDP) Program will place you at the center stage.

    Whether you are looking to start or boost your career as an Internationally Recognized Demand planner - ISCEA’s CFDP certificate will make you stand out from the crowd. The CFDP credential is sought by recruiters worldwide because it demonstrates that you can reduce procurement, inventory control and replenishment costs while maximizing the value from inventory management, supply chain planning, ERP, statistical forecasting, and other software investments. These goals can be achieved by improving demand forecasting processes and forecast accuracy.

    When you finish this program, you will be able to help companies cope with rapidly changing demand and improve decision making processes in the context of S&OP (Sales and Operations Planning) / IBP (Integrated Business Planning) processes, and Demand-Driven Supply Chains. You will also be able to successfully implement a CPFR - Collaborative Forecasting and Replenishment process from the ground up.

    With no prerequisites, this Professional Certification Program will provide you with the knowledge and skills highly regarded at top companies looking to increase their profitability and remain competitive.

    To become an ISCEA certified professional Forecaster and Demand Planner (CFDP), you must complete all three preparatory courses and successfully pass the CFDP Exam.

Syllabus
  • Courses under this program:
    Course 1: Improving Supply Chain Performance through Demand Planning

    Become a Demand Planning leader, capable of implementing and improving Sales and Operations Planning (S&OP), Integrated Business Planning (IBP) and Collaborative Planning Forecasting and Replenishment (CPFR) processes, to help top companies reduce inventory levels, stock-outs and inefficiencies, while increasing service levels and profitability for all stakeholders.

    Part of the ISCEA CFDP - Certified Forecaster and Demand Planner - Internationally Recognized Certificate.



    Course 2: Forecasting Techniques for Slow and Rapidly Changing Demand

    Master quantitative, judgmental and causal models used to forecast seasonal, intermittent, and new product future demand. Choose the right forecasting method for all kinds of demand patterns and sales data. Learn how to deal with randomness and low forecastability; missing data, outliers, and overfitting. Separate forecasting myths from reality and mitigate the risk of inaccurate forecasts.

    Part of the ISCEA CFDP - Certified Forecaster and Demand Planner - Internationally Recognized Certificate.



    Course 3: 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.



    Course 4: Certified Forecaster and Demand Planner - CFDP - Certification Exam

    The CFDP Exam is comprised of 70 questions an problems to be solved in 2 hours. The passing score for the exam is 70%. The exam is designed to allow the learner to demonstrate deep understanding of all practices, topics, definitions, and strategies embedded within the CFDP Program. Passing the CFDP Exam demonstrates that the learner has successfully gained industry relevant knowledge and will be recognized as an ISCEA Certified Forecaster and Demand Planner.