Certification in WFM Forecasting Basic & Advanced

About Course

WFM Forecasting Course Content covered the basic and advanced stages of the following chapters

Basic Forecasting Program

1. Introduction to  Basic WFM Forecasting

2. WFM Forecasting Level-A (Detailed coverage of WFM Forecasting)

3.WFM Forecasting Level-B (Detailed coverage of WFM Forecasting)

4. Statistics for WFM Forecasting

5. Introduction to Forecasting ( Practical session)

6. Masterclass coverage on overview of WFM Forecasting ( Masterclasses are conducted by very Sr. WFM Experts in the Forecasting area)

a) The purpose of Forecasting in the organization
b) Classification of Forecast
c) Forecasting Methods
d) Synthetic Forecasts
e) Analytical Estimates
f) Use of Economic Indicators
g) Forecasting Process Flow Chart
h) Types of forecasting approaches
i) Point Estimation
j) Averaging approaches
k) Simple Average
l) Moving Average
m) Limitations of Moving average
n) Weighted Moving Average
o) Time Series Analysis
p) Trend Analysis
q) Seasonality Analysis
r) Final Forecast table
s) Day of the week calculation example
t) Funnel Approach of Forecasting

Advanced Forecasting Program

7.WFM -Forecasting Methodologies :The Linear Regression Model in Forecasting

8.WFM -Forecasting-Forecasting Methodologies

a)Time Series

b)Simple Exponential

c)Holt Forecasting

d)Holt Winter Forecasting

e)ARIMA

9.WFM Time Series Forecasting continuous session and next level of Statistics followed by practical session with Q&A

10.Forecasting ARIMA practical session followed by practical session

11.Exponential Smoothing followed by practical session

a)Simple Exponential Smoothing

b)Double Exponential Smoothing (Additive/Multiplicative)

c)Triple Exponential Smoothing (Additive)

d)Triple Exponential Smoothing (Multiplicative)

e.)Method Selection

12.Exponential Smoothing followed by practical session and Q&A

13.RFP Masterclass ,Overview at the organisation level  

14.How to design RFP , template is attached for your reference 

15.Scenario based Practical Q&A session