Certified Forecaster and Demand Planner (CFDP)

This course includes the ISCEA Certified Forecaster and Demand Planner (CFDP) Exam. Upon successful completion of the exam course, you will earn both an edX course completion certificate, as well as the ISCEA Certified Forecaster and Demand Planner Certification. A passing rate of 70% on the CFDP Exam is indicative of successful completion.

Before you can take this exam, you are required to complete the three preparatory courses listed in the Certified Forecaster and Demand Planner (CFDP) program. This program will provide you with the skills and knowledge you need to be successful in the CFDP Exam.

Learners are not permitted to take the CFDP Exam course without completing all three of the preparatory courses:

CFDP01: Improving Supply Chain Performance through Demand Planning.

Knowledge assessed: Supply chain management essentials, Inventory planning fundamentals, Bullwhip effect, Introduction to sales and operations planning / integrated business planning - S&OP / IBP, Consensus, prioritization and integration with strategic planning, and Collaborative Planning, Forecasting and Replenishment - CPFR.

CFDP02: Forecasting Techniques for Slow and Rapidly Changing Demand.

Knowledge assessed: Forecasting myths, realities and challenges, Forecasting based on historical data, Seasonal demand forecasting, Intermittent demand forecasting, Judgmental and causal forecasting models, improving forecasting with Machine Learning, New product forecasting, forecast performance, impact of randomness and disruptive events in forecasts, and Improving forecasting with Lean and Six Sigma Principles.

CFDP03: Demand Management in a Demand Driven Supply Chain.

Knowledge assessed: Demand driven supply chain framework, Demand sensing, improving forecasting with POS data and demand sensing, Principles of data analysis, Supply chain response, Introduction to Demand Driven Materials Requirement Planning– DDMRP

Sign up for this fully online exam and become an ISCEA Certified Forecaster and Demand Planner - CFDP!

ISCEA, the International Supply Chain Education Alliance was the first organization on the globe certifying Supply Chain Managers - CSCM, Supply Chain Analysts - CSCA and Demand-Driven Planners - CDDP, and it remains the worldwide authoritative resource for Supply Chain career validation with thousands of certificate holders commanding top-tier salaries.

In today’s environment where customers, needs, markets and product portfolios change rapidly; planning the future based on historical data alone is simply not good enough. Demand-driven supply chain management is less likely to be negatively affected by procurement and supply disruptions, demand variability and volatility, short product lifecycle, and frequent new product releases.

Learn how demand-driven supply chains are capable to identify customer needs and use point of sale data; sensing actual demand to provide an adequate response through demand-driven supply chain processes and providing customers with high service levels without holding high inventory levels and incurring in high fulfillment costs.

By the end of this course, that is part of the edX Professional Certificate program to become a Certified Forecaster and Demand Planner (CFDP), you will be able to apply demand-driven supply chain techniques and approaches That include: Demand sensing, demand signal management, data analysis, demand shaping, automated inventory replenishment programs, and Demand Driven Materials Requirement Planning - DDMRP.

CFDP certified professionals are globally preferred by recruiters for decision making positions because they can improve demand planning business processes, implementing collaborative practices that include both providers and retailers to integrate the global supply chain.

Supply shortages, pandemics, military wars, trade wars, and other disruptive events have a significant impact in both consumer behaviour and product availability. Companies are becoming aware that historical sales data sets might no longer be relevant; and that the customary forecasting methods are not the best for their new current situation.

This is the reason why, demand for skilled, critical and flexible Demand Planners with broad perspective is on the rise.

In this course you will be able to decide if previously used forecasting techniques are the right ones for today's "New Normal" business environment. You will be capable of forecasting customer demand of different offerings going through different stages in their product life cycles; using causal and judgemental techniques, market research, statistical methods, time series of past sales and most recent customer orders.

You will also be able to separate relevant from non-relevant data, and mitigate the impact of low forecast accuracy in demand planning, inventory management and profitability.

By the end of this course, that is part of the edX Professional Certificate program to become a Certified Forecaster and Demand Planner (CFDP), you will be able to choose the right forecasting method for each data pattern and understand how to improve forecast performance with Machine Learning and Lean Six Sigma principles.

CFDP certified professionals are globally preferred by recruiters for decision making positions because they are capable of forecasting both slow and rapidly changing seasonal, intermittent and new product demand.

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