Online week long course for demand planners and data scientists
Experts and novices will learn the principles of demand forecasting and how to put them into practice
You will learn how to develop models and forecast using R. Appropriate methods of data analysis and forecasting will be demonstrated.
You will learn which models to use in different circumstances and how to select the most appropriate
We teach forecasting fundamentals
You will learn how to model real life problems, not just how to create R code
We show how to do that in R
You will understand why specific functions are used to address specific problems
We know practicalities of forecasting
This forecasting course is not taught in a vacuum; we know what problems you face in practice and we will go beyond R
The topics for the course will be selected from the list below, depending on the audience and their preferences:
Time series components
Advanced modelling approaches
Advanced forecasting methods and models
Overall, the course will last for a work week, 3 hours per day.
By doing this course you will be able to:
Robert Fildes is the Director of Centre for Marketing Analytics and Forecasting, Lancaster University Management School. He is a co-founder of International Institute of Forecasters and International Journal for Forecasting. He is an expert in judgmental forecasting methods and has an outstanding experience in making forecasting work for you.
John is Professor of Business Analytics at Lancaster University. His research interests are focused on supply-chain forecasting and include intermittence, seasonality and information sharing. He is an Editor-in-Chief of the Journal of the Operational Research Society and President of the International Society for Inventory Research.
Nikolaos Kourentzes is a professor at Skövde University in Sweden, and a CMAF veteran. His research is on temporal aggregation, hierarchical forecasting, model combination and selection, with statistical or artificial intelligence methods. He works closely with industry, with an aim to help practice adopt and use state-of-the-art analytics. He is a world leading expert in ice creams.
Ivan is an expert in area of statistical methods for forecasting. His areas of interest include intermittent demand, retail, forecasting NHS-related processes (e.g. A&E attendance) and others. He is an author and maintainer of greybox and smooth packages for R, implementing regression, exponential smoothing and ARIMA for forecasting purposes.
Sven is expert in Operational Research and Information Systems in the domains of Demand Planning within Inventory Management for Supply Chain Management & Operations Management. He is a world-known specialist in neural networks forecasting and in forecasting support systems development.
We plan to hold several courses over the year. So far, we have planned the course for the following dates:
£500 per person
The only requirement for the attendees of the course is to know the basics of R, understand the "if-else" logic and have a willingness to do perform basic programming tasks. The rest will be covered in the course.
Our Centre, founded in 1990, continues to lead the field in applied forecasting and marketing analytics. Our research, executive support and training helps practitioners and academics working in the retail, manufacturing, telecommunications and software sectors. We develop new methods to tackle a range of problems facing those using predictive analytics, including demand planning and marketing modelling. Our work results in substantial cost reductions and service level improvements for a range of private and public organisations.
Specifically, we get involved with projects for multinational companies and we advise companies on effective procedures for forecasting and inventory management. We also recommend and design the best software solutions for the operational side of businesses. In addition to this we design and deliver courses to meet specific group needs, using interactive material that gives attendees hands-on experience in producing effective forecasts. We are the only centre in the UK to offer a Certificate of Forecasting issued by the International Institute of Forecasters (IIF).
Throughout the year we host a range of events, including courses and guest speakers, it is a great way to tap into our expertise. And our list of publications demonstrates the scope of our work.
Every session lasts for 3 hours with several breaks, giving opportunity to communicate with tutors and ask additional questions.
Yes, in order to attend, you need to register and pay for the course.
The course will be delivered in English. All supplementary materials are also in English.
German, Spanish, Russian and Greek can be considered as alternative options for the bespoke course on a similar topic, but need to be discussed separately with the tutors. Get in touch with us on firstname.lastname@example.org
The course is conducted online, so it does not matter as long as you understand English and can join the online sessions.