Recent studies by McKinsey have shown that 70% of companies struggle with demand planning and inventory forecasting due to rapidly changing consumer preferences, market shocks and global disruptions. Even more concerning, studies reveal that up to 80% of companies still rely on outdated or inaccurate forecasting models, making it nearly impossible to generate the consistent, reliable baseline forecasts that modern inventory systems require.
This certified program is designed to provide you with comprehensive knowledge and essential skills for mastering inventory optimization and demand forecasting excellence. Throughout the program, you will explore a broad range of core supply chain topics such as statistical forecasting methodologies, advanced inventory planning techniques, and sophisticated demand sensing technologies. This program will ensure that you gain practical tools to effectively design and implement world-class inventory strategies across any industry or organizational context. You will emerge with the ability to develop robust forecasting models, optimize safety stock levels, and directly influence supply chain performance and customer satisfaction. This program will also help you to develop a strong foundation across these critical disciplines, ensuring proficiency in analyzing complex demand patterns and crafting inventory solutions tailored to dynamic market environments.
Additionally, the program delves into specialized inventory management techniques such as multi-echelon optimization strategies, collaborative planning and forecasting methodologies, and understanding the intricacies of demand variability and supply uncertainty. You will also develop skills in advanced analytics and machine learning applications for demand prediction, alongside learning how to navigate supply chain disruptions and market volatility effectively. By the end of the program, you will be equipped to assume senior-level supply chain responsibilities, driving inventory performance and fostering organizational resilience with confidence and precision.
Upon successful completion of the program and passing the Chartered exam, you will earn the Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) designation. This designation will enhance your professional credentials and validate your expertise in implementing data-driven forecasting and inventory optimization strategies. Additionally, it will open up new career advancement opportunities and enhance your overall credibility and reputation within the supply chain and operations management industry.
1 Chartered Institute of Professional Certifications' reviews and ratings are a comprehensive collection of participants feedback we have gathered over the last decade. To view authentic and personal testimonials that are handwritten by our participants, please download our participants' written reviews here.
This program will entitle you:
Download Brochure Pricing & Registration- Experience 3 days of instructor-led live program and gain in-depth expertise in demand forecasting, inventory optimization, data-driven supply chain planning strategies.
- By the end of the program, you will earn the Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) designation, validating your ability to implement accurate forecasting models and optimize inventory strategies across dynamic supply environments.
- Learn from real-world case studies and best practices in forecasting accuracy, uncertainty management, and inventory control to drive operational efficiency and minimize risk.
- For inquiries, chat with our Program Advisors at [email protected] or call us at
- Singapore and Asia Pacific: +65 6716 9980
- Australia and New Zealand: +61 3 9909 7310
- UK, Europe and Middle East: +44 (020) 335 57898
- Canada: +1 833 879 8820
- USA: +1 888 745 8875
Accreditations
This Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) program is a mark of distinction that signifies a fully qualified expert in supply chain planning, forecasting accuracy, and inventory optimization - demonstrating advanced skills in demand forecasting, inventory optimization and predictive analytics management. It is accredited by the Chartered Institute of Professional Certifications, which maintains the governing standards for all members. The CID™ charter is a trademarked charter available only to professionals who have completed and passed this program. The certification is governed and maintained by Chartered Institute of Professional Certifications with over 90,000 members around the world. It is also endorsed by prominent associations and organizations worldwide.
The content of this program has been independently certified and accredited by CPD as conforming to Continuing Professional Principles.
What Can You Expect From This Live Program
Inaccurate demand forecasts contribute to over $500 billion in global inventory waste annually, with nearly 30% of supply chain professionals citing poor planning as a top barrier to efficiency. As product life cycles shorten and customer expectations rise, organizations must shift from reactive inventory practices to predictive, analytics-driven planning. With demand volatility, geopolitical disruptions, and fragmented data systems becoming the new norm, optimizing forecasting accuracy and inventory responsiveness has never been more critical.
This certified program will equip you with the critical expertise and advanced skill sets required for world-class inventory optimization and demand forecasting. Throughout this program, you will explore cutting-edge practices from demand planning, inventory classification, and replenishment strategies to the use of AI and machine learning in forecast modeling. You will learn how to integrate demand signals with supply responses, build agile inventory systems, and design robust forecasting models that respond to uncertainty with precision. The program also emphasizes practical tools, enabling you to reduce stockouts, minimize excess, and strike the optimal balance between working capital and service levels.
In addition, the program delves into specialized techniques such as dynamic safety stock modeling, multi-echelon inventory optimization, collaborative demand planning, and advanced S&OP frameworks. You will gain insights into real-world challenges, including managing lead time variability, mitigating the bullwhip effect, and synchronizing demand with supply constraints. Ethical and sustainable inventory strategies will also be explored to support ESG objectives and corporate governance standards. By the end of the program, you will be equipped with the expertise to lead inventory and forecasting transformations, drive cross-functional alignment, and deliver measurable value across your supply chain.
Upon successful completion of the program and passing the Chartered exam, you will attain the Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) designation, an internationally recognized credential that will validate your ability to apply sophisticated forecasting models and optimize inventory policies, positioning you as a data-driven leader in global supply chain management.
Key Skills You Will Gain
- Forecast Modeling
- Data Cleaning
- Excel Analytics
- Time Series Analysis
- Moving Averages
- Smoothing Techniques
- Forecast Accuracy
- MAPE Calculation
- MAD & RMSE Usage
- Regression Analysis
- R² Interpretation
- ANOVA Testing
- Causal Forecasting
- ARIMA Modeling
- Holt-Winters Method
- Scenario Forecasting
- ERP Integration
- EOQ Calculation
- ROP Modeling
- Safety Stock Planning
- Service Level Setting
- Inventory Simulation
- ABC/XYZ Classification
- Shortage Cost Modeling
- Fixed-Order Systems
- Customer Segmentation
- Market Basket Analysis
- Monte Carlo Simulation
- Decision Trees
- KPI Alignment
Your Faculty Director
Olivier Courouge is a seasoned supply chain and industrial operations expert with over 25 years of experience leading transformative initiatives across global organizations. He currently serves as a Lecturer in Supply Chain Management and Industrial Operations at ECAM LaSalle - ECAM Lyon, where he mentors future supply chain leaders with a focus on data-driven planning, operational excellence, and integrated logistics strategies.
Olivier’s industry experience spans a wide range of sectors, including luxury goods, consumer products, and aviation. During his tenure at Groupe SEB, he spearheaded complex demand planning projects, streamlined forecasting processes, and led the integration of digital planning tools to improve customer service performance across Europe, the Middle East, and Africa.
His earlier leadership roles include serving as Logistics Director at The Coleman Company and Production Planning Manager at Cartier, where he was instrumental in optimizing S&OP cycles, reducing inventory imbalances, and aligning production schedules with global demand signals. Olivier’s career also includes impactful project management roles at Air France and Safran, where he developed a strong foundation in operational systems design and cross-functional coordination.
Prof. Alan Win is a globally respected supply chain and logistics authority with over 45 years of international experience across industry, consulting, and academia. He has led major supply chain transformation, inventory optimization, and demand forecasting initiatives for more than 150 global blue-chip organizations, delivering measurable improvements in inventory performance, forecast accuracy, service levels, and cost efficiency. His expertise includes distribution network design, S&OP and demand planning, advanced inventory modeling, and end-to-end supply chain optimization, and he is recognized as an early pioneer of 4PL solutions. Prof. Win is Managing Director of Middlebank Consulting Group, Director at the Logistics Institute of Australia, and a Board of Advice member at the University of Sydney Business School’s Institute of Transport & Logistics Studies. He also serves as Honorary Professor at the University of Sydney and Professor of Practice at the University of Canterbury.
Dr. Soroosh Saghiri is an Associate Professor of Operations and Supply Chain Management at the University of Southampton Business School, where he serves as Head of the Operations and Project Management Section and Director of the Supply Chain Excellence Centre. With over 25 years of experience across academia, research, and industry consultancy, he is recognized for his expertise in supply chain strategy, demand forecasting, procurement, and operations transformation across manufacturing, healthcare, retail, e-commerce, and logistics sectors. He previously held senior leadership roles at Cranfield University School of Management, directing executive and MSc programs in supply chain and procurement. Dr. Saghiri is the author of numerous award-winning and highly cited publications, a Senior Fellow of the Higher Education Academy, and a Chartered Fellow of the Chartered Institute of Logistics and Transport (FCILT), and regularly delivers executive education and industry advisory engagements globally.
Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) Program Agenda
Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) Chartered Exam
At the end of the program, there will be a Chartered exam comprised of 50 multiple choice questions. Upon passing the exam, you will be accredited with Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) designation.
- 98% of students who have taken this exam have passed the exam successfully. Almost all professionals who have taken our courses have passed this test and attain their Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) designation
- The exam has 50 multiple choice questions and you need to answer 25 out of 50 questions correctly to pass the exam
- You can re-take the exam online as many times as you want, with no additional charges for retaking of exams
- The program cost already includes the exam fees, so there are no additional charges for taking the exam
If you have challenges passing the exam, you can secure assistance from our team and faculty leader to help you pass the exam.
Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) Chartered Designation
Upon completion of the program and successfully passing the Chartered exam, you will be awarded the prestigious Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) designation, which can be showcased in your resume, CV, and other professional credentials. Developed by the Chartered Institute of Professional Certifications, a leading authority in professional certifications, this industry-recognized, trademarked charter validates your expertise in modern supply chain planning, demand forecasting, and inventory optimization. It demonstrates your ability to design predictive models, implement strategic controls, and integrate ERP-driven planning - showcasing your proficiency in aligning operations with business goals and driving resilient, data-informed supply chain performance.
The program's content has been independently accredited and certified by the Continuing Professional Development (CPD) organization, guaranteeing adherence to rigorous standards of professional development.
Pricing & Registration
Australia & Asia Pacific
Dates: 10 - 12 Jun 2026
Venue: Online Executive Program (via Zoom)
Time: 11:00am - 6:30pm Australian Eastern Standard Time (AEST)
9:00am - 4:30pm Singapore Time (SGT)
| Early Bird Packages | Regular Pricing | ||
|---|---|---|---|
| By 06 Apr 2026 | By 18 May 2026 | After 18 May 2026 | |
| Australia Delegates | AUD 2,595 | AUD 2,795 | AUD 2,895 |
| Singapore Delegates | SGD 2,395 | SGD 2,595 | SGD 2,695 |
| Other APAC Countries Delegates | USD 1,895 | USD 2,095 | USD 2,195 |
Group Discount: 2nd participant get 10%, or register 3 participants and 4th participant get a complimentary seat (1 discount scheme applies). Note: GST is applicable to participants from Singapore registered companies.
Register NowEurope
Dates: 5 - 7 Aug 2026
Venue: Online Executive Program (via Zoom)
Time: 9:00am - 4:30pm British Summer Time (BST)
10:00am - 5:30pm Central European Summer Time (CEST)
| Early Bird Packages | Regular Pricing | ||
|---|---|---|---|
| By 02 Jun 2026 | By 14 Jul 2026 | After 14 Jul 2026 | |
| UK Delegates | GBP 1,495 | GBP 1,695 | GBP 1,795 |
| EU Delegates | EUR 1,695 | EUR 1,895 | EUR 1,995 |
| Switzerland Delegates | CHF 1,595 | CHF 1,795 | CHF 1,895 |
Group Discount: 2nd participant get 10%, or register 3 participants and 4th participant get a complimentary seat (1 discount scheme applies).
Register NowAfrica and Middle East
Dates: 14 - 16 Sep 2026
Venue: Online Executive Program (via Zoom)
Time: 10:00am - 5:30pm Arabian Standard Time (AST)
11:00am - 6:30pm Gulf Standard Time (GST)
8:00am - 3:30pm (WAT)
9:00am - 4:30pm (CAT)
9:00am - 4:30pm (SAST)
10:00am - 5:30pm (EAT)
| Early Bird Packages | Regular Pricing | ||
|---|---|---|---|
| By 10 Jul 2026 | By 21 Aug 2026 | After 21 Aug 2026 | |
| Middle East Delegates | USD 1,395 | USD 1,595 | USD 1,695 |
| South Africa Delegates | ZAR 24,995 | ZAR 27,995 | ZAR 29,995 |
| Delegates from Other African Countries | USD 1,395 | USD 1,595 | USD 1,695 |
Group Discount: 2nd participant get 10%, or register 3 participants and 4th participant get a complimentary seat (1 discount scheme applies).
Register NowDownload Brochure
You can download our program brochure below. If you have any inquiries on this program, please contact our Program Advisor at [email protected] or call us at:
- Singapore and Asia Pacific: +65 6716 9980
- Australia and New Zealand: +61 3 9909 7310
- UK, Europe and Middle East: +44 (020) 335 57898
- Canada: +1 833 879 8820
- USA: +1 888 745 8875
On Demand Learning
If you are unable to make it to this program due to the dates, you can also enroll into our program through our on-demand learning. Click on the link below to go to our on demand learning to discover how you can enroll into the program and earn your Charter or certificate through our on demand learning platform
Go to Our On Demand Learning Here
Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) Reviews and Testimonials
Chartered Institute of Professional Certifications' reviews and ratings are a comprehensive collection of participants feedback we have gathered over the last decade. To view authentic and personal testimonials that are handwritten by our participants, please download our participants' written reviews here.
Convincing Your Boss To Attend This Program
Securing approval from your boss to attend this program can be difficult if you don’t know what to say. So we’ve prepared a template for you! All you need to do is to download this template, copy and paste in email and send it to your boss!
Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™)
4.6 (936 ratings)