Executive Development Programme in Retail Planning and Forecasting
-- viewing nowThe Executive Development Programme in Retail Planning and Forecasting is a certificate course designed to provide learners with essential skills for career advancement in the retail industry. This program emphasizes the importance of data-driven decision-making, strategic planning, and demand forecasting in retail operations.
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Course Details
• Retail Planning Fundamentals: Understanding the retail planning process, including market research, product development, and assortment planning.
• Demand Forecasting Techniques: Learning various demand forecasting methods, such as historical analysis, causal forecasting, and qualitative forecasting.
• Inventory Management Strategies: Exploring inventory management best practices, including safety stock calculations, order management, and replenishment planning.
• Supply Chain Planning: Examining supply chain planning principles, including demand-supply matching, distribution requirements planning, and vendor management.
• Retail Analytics: Understanding the use of data analytics in retail planning and forecasting, including key performance indicators (KPIs) and data visualization techniques.
• Technology Tools: Learning about the latest technology tools used in retail planning and forecasting, such as artificial intelligence, machine learning, and predictive analytics.
• Retail Planning Software: Getting hands-on experience with popular retail planning software, such as SAP, Oracle, and JDA.
• Capacity Planning: Exploring capacity planning principles, including resource allocation, scheduling, and production planning.
• Collaborative Planning: Understanding the importance of collaborative planning in retail, including vendor-managed inventory (VMI) and supplier relationship management (SRM).
Career Path
Entry Requirements
- Basic understanding of the subject matter
- Proficiency in English language
- Computer and internet access
- Basic computer skills
- Dedication to complete the course
No prior formal qualifications required. Course designed for accessibility.
Course Status
This course provides practical knowledge and skills for professional development. It is:
- Not accredited by a recognized body
- Not regulated by an authorized institution
- Complementary to formal qualifications
You'll receive a certificate of completion upon successfully finishing the course.
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