Professional Certificate in Forecasting Analytics for Logistics
-- viewing nowThe Professional Certificate in Forecasting Analytics for Logistics is a comprehensive course designed to equip learners with essential skills in demand by the industry. This program emphasizes the importance of data-driven decision making in logistics and supply chain management.
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Course details
• Introduction to Forecasting Analytics – Understanding the basics of forecasting, types of forecasting methods, and the importance of analytics in logistics.
• Data Analysis for Forecasting – Collecting, cleaning, and interpreting data for forecasting analytics, with a focus on logistics data.
• Time Series Analysis – Techniques and methods for analyzing time series data, including seasonal decomposition, autocorrelation, and moving averages.
• Quantitative Forecasting Techniques – Statistical methods for forecasting, including regression analysis, smoothing techniques, and ARIMA models.
• Qualitative Forecasting Techniques – Judgmental methods for forecasting, including the Delphi method, scenario planning, and executive opinions.
• Forecasting in Logistics Network Design – Incorporating forecasting analytics into logistics network design, including facility location, transportation mode selection, and inventory management.
• Implementing Forecasting Analytics in Logistics – Best practices for implementing forecasting analytics in logistics operations, including data governance, model validation, and change management.
• Evaluating Forecasting Analytics Performance – Metrics and methods for evaluating the performance of forecasting analytics, including mean absolute error, mean squared error, and bias.
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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