Predictive analytics and AI are revolutionizing demand planning, forecasting and inventory optimization by enabling businesses to anticipate market trends with remarkable accuracy. According to a comprehensive survey by McKinsey & Company, predictive analytics and AI can slash demand forecasting errors by up to 50% and improve inventory levels by 20-50%, significantly transforming how companies can predict demand, optimize stock levels, and manage supply chains, making them essential tools for competitive advantage.
This certified program is designed to empower supply chain leaders with the knowledge and skills needed to harness the power of predictive analytics and AI to optimize inventory levels, improve demand planning accuracy, and generate precise forecasts. Throughout the program, participants will delve into essential topics such as data analytics foundations, machine learning algorithms, demand forecasting methods, inventory optimization strategies, and AI-driven supply chain management. You will learn how to analyze and interpret complex data sets, develop predictive models, and apply AI techniques to solve real-world supply chain problems.
This program will also cover real-world case studies, allowing you to gain insights into how leading organizations have successfully implemented predictive analytics and AI in their supply chain operations. Participants will also master advanced forecasting techniques, such as time series analysis, regression models, neural networks and learn how to integrate AI and machine learning to refine forecasting and inventory management. This program will also emphasize the importance of building resilience in supply chains through effective crisis management, risk assessment, and mitigation strategies, as well as integrating predictive analytics into strategic decision-making.
Upon successful completion of the program, you will attain the Certified Predictive Analytics and AI for Inventory & Demand Planning certification. The certification holds lifelong validity, serving as a testament to your skills, knowledge, and expertise in implementing advanced demand forecasting techniques with sophisticated AI and predictive analytics models. This program has also been independently accredited by CPD, affirming that it adheres to the highest standards of educational quality for continuous professional development.
This program will entitle you:
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- Over 10 hours of powerful course content in applying complex AI and predictive models to optimize inventory management, demand planning and forecasting.
- This certification will demonstrate your proficiency in implementing advanced demand forecasting techniques and with sophisticated AI and predictive analytics models.
- Attain the Certified Predictive Analytics and AI for Inventory & Demand Planning certification which will enable you to demonstrate expert strategic decision-making, analyze complex supply chain datasets, and align analytics with your inventory and demand management framework.
- Full lifetime access
- For inquiries, chat with our Program Advisers at [email protected] or call us at
- Singapore & Asia Pacific: +65 6716 9980
- Australia/New Zealand: +61 3 9909 7310
- Europe/UK: +44 (020) 335 57898
- USA: +1 888 745 8875
7 days money back guarantee
Accreditations
This Certified Predictive Analytics and AI for Inventory & Demand Planning is a mark of excellence and distinction that signifies a fully qualified expert possess profound expertise in applying cutting-edge AI and predictive analytics methodologies in optimizing inventory management, demand planning and forecasting in your organization’s supply value chain. It is accredited by the Chartered Institute of Professional Certifications, which maintains the governing standards for all members. 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 fully certified and accredited by CPD as adhering to Continuing Professional Principles.
What Can You Expect From This Certified Program
Predictive Analytics and Artificial Intelligence (AI) have emerged as game-changers in the field of supply chain management, revolutionizing the way companies optimize their inventory, demand planning, and forecasting processes. As businesses continue to navigate the complexities of today's global supply chains, the need for skilled professionals who can harness the power of these cutting-edge technologies has never been greater.
This certified program is designed to empower you with an in-depth exploration of the applications of predictive analytics and AI in inventory optimization, demand planning, and forecasting. You will learn advanced forecasting techniques, such as time series analysis, regression models, and neural networks, enabling you to generate accurate and reliable demand forecasts. You will also learn how to incorporate external factors, such as market trends, economic indicators, and social media sentiment, into your forecasting models, providing a holistic view of future demand.
Through a combination of theoretical concepts and practical case studies, you will learn how to leverage advanced algorithms, machine learning techniques, and statistical models to accurately predict demand, optimize inventory levels, and minimize costs. You will discover how to integrate predictive analytics and AI into your existing supply chain processes, ensuring seamless implementation and maximum impact. Additionally, you will explore the latest trends and best practices in inventory optimization, such as multi-echelon inventory systems, safety stock calculations, and replenishment strategies, empowering you to develop robust and resilient supply chains. By mastering the art of demand planning and forecasting, you will be able to anticipate customer needs, reduce stockouts, and improve overall customer satisfaction.
Upon completing the program and passing the Chartered exam, you will attain the Certified Predictive Analytics and AI for Inventory & Demand Planning certification. This credential will validate your expertise and proficiency in leveraging advanced analytics tools to optimize inventory management, enhance demand forecasting accuracy, and drive strategic decision-making. This credential will set you apart as an expert in adopting AI and predictive models in developing a robust inventory management and expand your career opportunities within the industry.
Key Skills You Will Gain
- Demand Forecasting Models
- Advanced Time Series Forecasting
- Customer Segmentation
- Predictive Analytics
- Inventory Optimization
- Safety Stock Analysis
- Supply Chain Analytics
- ARIMA Models
- Risk Mitigation
- Market Basket Analysis
- Crisis Management
- Contingency Planning
- Optimal Inventory Levels Calculation
- Accuracy and Error Measurement
- Regression Analysis
- Data Privacy and Ethical Considerations
- Decision Trees and Scenario Analysis
- Data Visualization
- Exponential Smoothing
- Inventory Management
- Seasonal Adjustment
- Artificial Intelligence Models
- Machine Learning Basics
- Big Data Application
- Regression Analysis
- Residual Analysis
- Ethical Data Handling
Your Faculty Director
Dr. Mark Rodgers is an award-winning Assistant Professor for the Supply Chain Management Department of the Rutgers Business School and over 15 years of experience in leadership and advisory roles. With a focus on power grid expansion planning, simulation-based optimization, and quantitative methods to assess supply chain disruptions and risk, Dr. Rodgers' research has been widely recognized and presented at numerous academic conferences. His passion in supply chain and teaching has led him to be awarded several research and teaching awards that include Junior Faculty Teaching Award in addition to being awarded the NJ Small Business Development Center Grant and NJDEP Recycling Enhancement Grant.
Certified Predictive Analytics and AI in Inventory Optimization, Demand Planning and Forecasting Program Agenda
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 Predictive Analytics and AI for Inventory & Demand Planning 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 exam and attain their Certified Predictive Analytics and AI for Inventory & Demand Planning 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 Predictive Analytics and AI for Inventory & Demand Planning Designation
Upon completion of the program and successfully passing the Chartered exam, you will be awarded the prestigious Certified Predictive Analytics and AI for Inventory & Demand Planning designation. Developed by the esteemed Chartered Institute of Professional Certifications, a leading authority in professional certifications, this industry-recognized certification distinguishes your profound expertise in integrating predictive analytics and AI models to enhance your inventory management, demand planning and forecasting framework. The program's content has been independently accredited and certified by CPD, ensuring that it meets the highest standards in continuing professional development. This distinguished designation will not only elevate your credibility but also enhance your marketability to potential employers or clients, making you stand out as a highly skilled and knowledgeable expert in the field of supply chain and inventory management.
Program Pricing
On Demand Learning
USD 490
- Lifetime access to high-quality self-paced eLearning content curated by industry experts
- 24x7 learner assistance and support
- Attain your Certified Predictive Analytics and AI for Inventory & Demand Planning title that you can use across your professional credentials
- Demonstrate your professional expertise in developing and conducting customer segmentation and market analysis to drive strategic decision-making and operational efficiency in today's data-driven business landscape.
- Over 10 hours of professional predictive analytics and AI in inventory optimization, demand planning, and forecasting learning.
- 5 powerful global case studies and best practices in application of Predictive Analytics in Supply Chain
- Full lifetime access
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Corporate Training
Customized To Your Needs
- If you have more than 30 participants from your organizations, you can contact us to host a program customized to your training needs through a blended learning or physical classroom model
- By customizing your program, the faculty leader can tailor the content that is specific to your needs
- Prior to the commencement of the bespoke program, we will schedule conference calls to identify your training needs and map out the sessions most relevant to your organization
Download 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 and Europe: +44 (0) 20 7129 1222
- USA: +1 888 745 8875
100% Money Back Guarantee
We value the trust of our customers immensely. But, if you feel that this Certified Predictive Analytics and AI in Inventory Optimization, Demand Planning and Forecasting Program does not meet your expectations, we offer a 7-day money-back guarantee. Just send us a refund request via email within 7 days of purchase and we will refund 100% of your payment, no questions asked!
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 Predictive Analytics and AI in Inventory Optimization, Demand Planning and Forecasting
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