Executive Development Programme in Retail Planning and Forecasting

Name: Executive Development Programme in Retail Planning and Forecasting
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The 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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AboutThisCourse

With the rapid growth of e-commerce and increasing competition, retail companies require professionals who can accurately forecast demand, plan inventory, and optimize pricing strategies. This course equips learners with the latest tools and techniques in retail planning and forecasting, providing them with a competitive edge in the job market. By completing this program, learners will gain a comprehensive understanding of demand planning, inventory management, and data analysis, enabling them to make informed decisions and drive business growth. The course is highly relevant to retail professionals, business analysts, and supply chain managers, providing them with the necessary skills to excel in their careers and contribute to the success of their organizations.

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CourseDetails

• 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).

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EntryRequirements

BasicUnderstandingSubject
ProficiencyEnglish
ComputerInternetAccess
BasicComputerSkills
DedicationCompleteCourse

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FastTrack GBP £140

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AcceleratedLearningPath

ThreeFourHoursPerWeek
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StandardMode GBP £90

CompleteInTwoMonths

FlexibleLearningPace

TwoThreeHoursPerWeek
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EXECUTIVE DEVELOPMENT PROGRAMME IN RETAIL PLANNING AND FORECASTING

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London College of Foreign Trade (LCFT)

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05 May 2025

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