Demand Forecasting and Production Planning

Course Overview

  • Understand the principles and methods of demand forecasting.
  • Learn how to integrate demand forecasting into production planning.
  • Develop skills to adjust production schedules based on forecasted demand.
  • Analyze the impact of demand forecasting on inventory management and production efficiency.

Training Format:In-class, Virtual, In-house

Location:Lagos, Accra, Nairobi, Kigali

Language:English, French

Nigeria Price:
₦350000

Int'l., (Nigeria) Price:
$1000

Ghana Price:
$4000

Kenya Price:
$5500

Rwanda Price:
$6000

Nigeria Price:₦350000

Int'l., (Nigeria) Price:
$1000

Ghana Price:
$4000

Kenya Price:
$4000

Rwanda Price:
$4000

Nigeria Price: ₦350000

Int'l., (Nigeria) Price:
$1000

Ghana Price: $4000

Kenya Price: $4000

Rwanda Price: $4000

Demand Forecasting Techniques

  • Overview of demand forecasting and its importance
  • Qualitative vs. quantitative forecasting methods
  • Time series analysis and trend forecasting
  • Causal models and their application in demand forecasting
  • Forecasting accuracy and error measurement

Production Planning Fundamentals

  • Introduction to production planning concepts
  • Role of production planning in manufacturing operations
  • Key elements of an effective production plan
  • Relationship between production planning and demand forecasting
  • Tools and software for production planning

Integrating Demand Forecasting with Production Scheduling

  • Aligning production schedules with forecasted demand
  • Capacity planning and resource allocation
  • Balancing supply and demand fluctuations
  • Managing lead times and production bottlenecks
  • Case studies of successful demand forecasting integration

1ST BATCH: Tuesday, February 24, 2026 — Friday, February 27, 2026.

2ND BATCH: Tuesday, June 30, 2026 — Friday, July 3, 2026.

3RD BATCH: Tuesday, November 17, 2026 — Friday, November 20, 2026.

The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.

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