Course Description
The ISCEA Certified Forecaster and Demand Planner (CFDP) Exam course is a comprehensive certification program designed to validate your expertise in supply chain management, demand planning, and forecasting techniques. This fully online exam is the culmination of a rigorous preparatory program that equips you with the knowledge and skills necessary to excel in the dynamic field of supply chain management. Upon successful completion, you'll earn both an edX course completion certificate and the prestigious ISCEA Certified Forecaster and Demand Planner Certification, recognized worldwide.
What students will learn
- Advanced supply chain management concepts
- Cutting-edge demand planning and forecasting techniques
- Strategies for improving supply chain performance
- Implementation of sales and operations planning (S&OP) and integrated business planning (IBP)
- Collaborative Planning, Forecasting, and Replenishment (CPFR) methodologies
- Demand-driven supply chain frameworks
- Application of machine learning in forecasting
- Lean and Six Sigma principles for improved forecasting
- New product forecasting techniques
- Demand sensing and supply chain response strategies
Pre-requisites
To sit for the CFDP Exam, learners must have successfully completed all three preparatory courses in the CFDP certification program:
- CFDP01: Improving Supply Chain Performance through Demand Planning
- CFDP02: Forecasting Techniques for Slow and Rapidly Changing Demand
- CFDP03: Demand Management in a Demand Driven Supply Chain
Course Coverage
- Supply chain management essentials
- Inventory planning fundamentals
- Bullwhip effect and its mitigation
- Sales and operations planning (S&OP) / Integrated business planning (IBP)
- Consensus building and prioritization in strategic planning
- Collaborative Planning, Forecasting, and Replenishment (CPFR)
- Forecasting myths, realities, and challenges
- Historical data-based forecasting
- Seasonal and intermittent demand forecasting
- Judgmental and causal forecasting models
- Machine learning applications in forecasting
- New product forecasting techniques
- Forecast performance evaluation
- Impact of randomness and disruptive events on forecasts
- Lean and Six Sigma principles in forecasting
- Demand-driven supply chain framework
- Demand sensing and POS data utilization
- Principles of data analysis in supply chain management
- Supply chain response strategies
- Introduction to Demand Driven Materials Requirement Planning (DDMRP)
Who this course is for
This course is ideal for supply chain professionals, demand planners, forecasters, and business managers looking to advance their careers and gain a competitive edge in the field of supply chain management. It's particularly suited for those who want to validate their expertise and join the ranks of certified supply chain managers and demand-driven planners commanding top-tier salaries.
Real-world Application of Skills
The skills acquired through the CFDP certification program are directly applicable to real-world supply chain challenges. Certified professionals can:
- Optimize inventory management and reduce costs
- Improve demand forecasting accuracy and reduce stockouts
- Implement effective sales and operations planning strategies
- Enhance collaboration between supply chain partners
- Utilize data analysis and machine learning for better decision-making
- Develop robust new product forecasting models
- Implement demand-driven supply chain frameworks
- Apply Lean and Six Sigma principles to improve supply chain efficiency
- Respond effectively to market disruptions and changing demand patterns
- Drive strategic planning and business growth through improved supply chain performance
Syllabus
The CFDP Exam course includes:
- Exam Onboarding: Preparation and guidelines for taking the official proctored CFDP Exam
- Official Proctored CFDP Exam: 70 questions and problems covering all aspects of the preparatory courses
- Passing criteria: 70% or higher score required for certification
The exam evaluates knowledge across all topics covered in the preparatory courses, including supply chain management, demand planning, forecasting techniques, inventory management, sales and operations planning, collaborative planning, demand sensing, data analysis, and demand-driven supply chain concepts.
By enrolling in this course and successfully passing the CFDP Exam, you'll join an elite group of certified supply chain professionals, opening doors to exciting career opportunities and higher earning potential in the rapidly evolving field of supply chain management.
