Training course Masterclass Demand Planning / Forecasting

Training course Masterclass Demand Planning / Forecasting

28/02/2024 09:00 - 13/03/2024 17:00 Communicatieloft, Gent

The goal of the training is to help you to better understand the forecast process, techniques and challenges in order to prepare you to become an actor of forecast improvement.

The training examines the subdomains in which the discipline takes place: strategy, processes, organization and systems.

As a result, you recognize how to enhance forecast accuracy and how to initiate service & operational improvements to ensure that customers get what they want when they want, and that we supply what is needed when needed.

You will learn :

  • What the importance is of good forecasts and a good forecasting process for the organization
  • How to predict the future demand for your products in a better way, which models and techniques to use
  • How to analyse historical data, identify trends, patterns, and seasonality, and make informed decisions based on data insights
  • How AI can help you to come to better Forecast: understand the fundamentals, basic techniques, data requirements and limitations
  • How to set up Forecast Accuracy and determine Forecast Value Added
  • How to set up a good forecasting process and how to coordinate sales and production in a more efficient way through the S&OP process


non PICS-members
975,00 excl. VAT

Register here

877,15 excl. VAT

PICS Belgium is a certified training center recognized by the Flemish government. This means you can save up to 30% by using ‘KMO Portefeuille’. (DV.O102417)

When ?

  • 2024, February 28 and March 13
  • Venue: Communicatieloft, Gent

What ?

  • 2-day training course from 9 till 17h
  • Language: English, unless all participants speak Dutch
  • Bring your own laptop !


  • Insight into the knowledge and skills in the field of demand planning and forecasting, based on the current situation at your own employer. You will have also insights in the necessary tools to further develop the knowledge.


Price for this 2 days training

  • PICS–members/ Value Chain subscribers: 877,15 € + 21% VAT
  • Non members: 975 € + 21% VAT


Day 1

The Basics of Forecasting

Many different things come into the picture within Demand Planning & Forecasting. It is important to understand why we forecast and what the basic building blocks are of a good forecast process.

During this day we will cover the following topics:

  • Why and when to Forecast
  • The building blocks of good Forecasting
  • Multi-level forecasting or not
  • Forecast statistics : different quantitative & qualitative techniques

Day 2

Improving the base Forecast

A good forecast process covers much more than statistics on historical data. It is crucial to improve the statistics with real business knowledge, to learn from previous errors and to collaborate within and outside the own organization.

During this day we will cover the following topics:

  • Adding Business Intelligence & Consensus Forecasts
  • Demand management & Forecast consumption
  • Performance measurement & Forecast Accuracy
  • Forecast process & Organization
  • New developments : Demand Sensing, Artificial Intelligence


Olivier Corluy

PICS Belgium