This Guided Project Demand Planning in RStudio: Create Demand Forecast is for Supply Chain and/or Operations Analysts. In this 2-hour long project-based course, you will learn how:
- Analyse demand data and cateogorise products based on trend and seasonality
- Model demand data and create demand forecast for a given number of forecasting periods.
- Diagnose the demand model; evaluate the forecast; plot and export the output.
Benefit: Creating reasonably accurate forecasts enables businesses to make efficient production plans, determine optimal inventory policies, make effective pricing decisions, and achieve better customer satisfaction.
Prerequisites:
1. Basic R language (variables, vectors, data frames)
2. Familiarity with RStudio interface
3. Basic overview of Supply Chains / Operations
Overview
Syllabus
- Project Overview
- Welcome to "Demand Planning In RStudio - Create Demand Forecast". This is a project-based course which should take under 2 hours to finish. Before diving into the project, please take a look at the course objectives and structure. By the end of this project, you will learn how to apply the Demand Forecasting framework, model demand data and create demand forecast for a given number of forecasting periods, and diagnose the demand model, evaluate the forecast, plot and export the output.
Taught by
Moses Gummadi
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