About this course: Have you ever wondered how companies know how much to produce in advance so that they do not make too much or too little? Matching supply and demand requires planning. This course introduces you to the exciting area of supply chain planning. Part of a broader specialization on Supply Chain Management, you will master different forecasting techniques, essential for building a Sales and Operations Plan. At the completion of this course you will have the tools and techniques to analyze demand data, construct different forecasting techniques, and choose the most suitable one for projecting future demand.
Who is this class for: This course is for those looking to start a career in Supply Chain Management, but lack the basic background, for those working with people in Supply Chain Management and want to understand their daily challenges better, or for are fascinated by how demand is forecasted in today's supply chains.
Created by: Rutgers the State University of New Jersey
Taught by: Rudolf Leuschner, Ph.D., Assistant Professor
Department of Supply Chain Management
| Basic Info | Course 3 of 5 in the Supply Chain Management Specialization |
| Level | Beginner |
| Language | English, Subtitles: Greek |
| How To Pass | Pass all graded assignments to complete the course. |
| User Ratings |
Syllabus
WEEK 1
Simple Forecasting Methods, Naive Forecast and Cumulative Mean
Welcome to the exciting world of planning! This module introduces you to the professor who is teaching the courses in the Supply Chain Management Specialization. You will also construct forecasting models that enable you to predict future demand. By the end of this short module, you'll know what to expect in the course and hopefully be as excited to learn about Supply Chain Planning as I will be to teach you.In this module learners will review two simple forecasting methods, the naive method and the cumulative mean. Finally, you will create forecasts of your own based on a data set and provide the correct answers in the quiz.
6 videos, 6 readings, 2 practice quizzes
- Video: What is Supply Chain Planning?
- Lecture: Is this course for me?
- Demande de discussion: Introductions
- Video: So, you want to forecast demand?
- Demande de discussion: Simple Forecasting Methods
- Examen par les pairs: Simple Forecasting Methods
- Video: The Naive Forecast
- Lecture: Naive Forecast Example
- Video: Naive Forecast Screencast
- Quiz pour s'exercer: Naive Forecast Practice Quiz
- Lecture: Naive Forecast Solution
- Video: The Cumulative Mean
- Lecture: Cumulative Mean Example
- Video: Cumulative Mean Screencast
- Quiz pour s'exercer: Cumulative Mean Practice Quiz
- Lecture: Cumulative Mean Solution
- Lecture: Naive Method and Cumulative Mean Quiz Instructions
Graded: Naive Forecast and Cumulative Mean Assessment
WEEK 2
Forecast Accuracy and Moving Average
In this module, learners will cover two more sophisticated forecasting methods, the moving average and exponential smoothing.
4 videos, 7 readings, 2 practice quizzes
- Video: Forecast Accuracy Measures
- Lecture: Notes on Forecast Accuracy Measures
- Video: Forecast Accuracy Measures Screencast
- Quiz pour s'exercer: Forecast Accuracy Practice Quiz
- Lecture: Forecast Accuracy Solution
- Lecture: Forecast Accuracy Quiz Instructions
- Video: Moving Average
- Lecture: Moving Average Notes
- Video: Screencast on Moving Average
- Lecture: About Rounding
- Quiz pour s'exercer: Moving Average Practice Quiz
- Lecture: Moving Average Solution
- Lecture: Moving Average Quiz Instructions
Graded: Forecast Accuracy
Graded: Moving Average
WEEK 3
Exponential Smoothing and Forecast Selection
In this module, you will master one more forecasting method - exponential smoothing. In addition, you will learn how to pick the best forecasting approach and what to do with the forecast once it is implemented.
3 videos, 5 readings, 1 practice quiz
- Video: Exponential Smoothing
- Lecture: Exponential Smoothing Notes
- Video: Exponential Smothing Screencast
- Quiz pour s'exercer: Exponential Smoothing Practice Quiz
- Lecture: Exponential Smoothing Solution
- Lecture: Exponential Smoothing Quiz Instructions
- Lecture: Optimizing Exponential Smoothing
- Video: Selecting the Best Forecast
- Lecture: Forecasting Best Practices
- Examen par les pairs: Selecting the Best Forecasting Method
Graded: Exponential Smoothing Forecast
WEEK 4
Supply Chain Planning
In this module you will put your new forecasting skills to the test. You will analyze a real-life dataset and make recommendations on the different forecasting methods.
1 video, 1 reading
- Video: Supply, Manufacturing and Distribution Planning
- Lecture: Sales and Operations Planning
- Demande de discussion: Sales and Operations Planning
Graded: Supply Chain Planning Assessment
FAQs
How It Works
Travail en cours
Chaque cours fonctionne comme un manuel interactif en proposant des vidéos préenregistrées, des quiz et des projets.
Aide de la part de vos pairs
Connectez-vous à des milliers d'autres étudiants et débattez sur des idées, discutez le contenu du cours et obtenez de l'aide pour en maîtriser les concepts.
Certificats
Obtenez une reconnaissance officielle pour votre travail et partagez votre réussite avec vos amis, vos collègues et vos employeurs.
Creators
Rutgers the State University of New Jersey
Pricing
| Acheter le cours | Auditeur libre | |
|---|---|---|
| Accéder au contenu du cours | Available | Available |
| Accéder au contenu noté | Available | Not available |
| Recevoir une Note Finale | Available | Not available |
| Obtenir un Certificat de Cours partageable | Available | Not available |
Ratings and Reviews
Nice content
Quantitative forcasting basics, universally useful
It was excellent training to begin learining demand plannning
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So usefull. You need a knowledge of excel etc to get this course.
Very interesting how it's calulated everything.