ISCEA: 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.

Demand-Driven Supply Chain Management

A cutting-edge course offered by ISCEA

Course Description

Embark on a transformative journey into the world of demand-driven supply chain management with this cutting-edge course offered by ISCEA. In today's rapidly evolving business landscape, where customer needs, markets, and product portfolios are in constant flux, relying solely on historical data for planning is no longer sufficient. This course equips you with the knowledge and skills to implement demand-driven supply chain strategies that are resilient to procurement and supply disruptions, demand variability, short product lifecycles, and frequent new product releases.

What Students Will Learn

Master the fundamentals of demand-driven supply chain management
Develop expertise in demand sensing and data analysis techniques
Learn to improve forecasting using point-of-sale data and demand sensing
Understand supply chain responsiveness and demand shaping
Gain insights into automated replenishment programs
Explore Demand Driven Materials Requirement Planning (DDMRP)
Compare reorder point replenishment policies with DDMRP inventory buffers

Prerequisites

This introductory-level course has no specific prerequisites, making it accessible to anyone interested in supply chain management and demand planning.

Course Coverage

Demand-driven supply chain framework and fundamentals
Demand sensing principles and applications
Improving forecasting with POS data and demand sensing
Principles of data analysis for supply chain management
Supply chain response and responsiveness
Demand shaping strategies
Automated replenishment programs
Introduction to Demand Driven Materials Requirement Planning (DDMRP)

Target Audience

Supply chain professionals seeking to enhance their skills
Business managers looking to improve their organization's supply chain processes
Students pursuing a career in supply chain management or demand planning
Entrepreneurs aiming to optimize their business operations
Anyone interested in gaining a competitive edge in the field of supply chain management

Real-World Application of Skills

Implement demand-driven supply chain strategies in their organizations
Improve demand planning and forecasting accuracy
Enhance supply chain responsiveness and reduce costs
Optimize inventory management through demand sensing and automated replenishment
Make data-driven decisions to improve overall supply chain performance
Navigate the challenges of short product lifecycles and frequent new product releases
Integrate global supply chains more effectively
Pursue career opportunities in demand planning and supply chain management

Syllabus

Section 3.1. Demand driven supply chain framework

3.1.1. Demand-driven supply chain fundamentals

3.1.2. Reasons to become demand-driven

3.1.3. Make-and-sell vs Demand-driven organizations

Section 3.2. Demand sensing

3.2.1. Demand sensing fundamentals

3.2.2. Demand signals

3.2.3. Demand sensing examples

Section 3.3. Improving forecasting with POS data and demand sensing

3.3.1. Demand sensing data

3.3.2. Demand signal repositories

3.3.3. Impact of demand sensing in planning

Section 3.4. Principles of data analysis

3.4.1. Building a competitive advantage through analytics

3.4.2. Overview of data analysis methods

3.4.3. Data analysis drivers and benefits

3.4.4. Developing a data culture

Section 3.5. Supply chain response

3.5.1. Supply chain responsiveness

3.5.2. Demand shaping

3.5.3. Automated replenishment programs

Section 3.6. Introduction to Demand Driven Materials Requirement Planning– DDMRP

3.6.1. MRP evolution

3.6.2. Demand-Driven MRP

3.6.3. ROP replenishment policies vs DDMRP

Conclusion

This comprehensive course is part of the edX Professional Certificate program to become a Certified Forecaster and Demand Planner (CFDP). By mastering the concepts and techniques taught in this course, you'll position yourself as a highly sought-after professional in the global supply chain industry, capable of improving demand planning business processes and implementing collaborative practices that integrate both providers and retailers in the global supply chain.

Don't miss this opportunity to revolutionize your approach to supply chain management and become a leader in demand-driven strategies. Enroll now and take the first step towards becoming a Certified Forecaster and Demand Planner!