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Moses Gummadi
This Guided Project Demand Planning in RStudio: Create Demand Forecast is for Supply Chain and/or Operations Analysts. In this 2-hour long project-based course, you will learn how:
Read more
This Guided Project Demand Planning in RStudio: Create Demand Forecast is for Supply Chain and/or Operations Analysts. In this 2-hour long project-based course, you will learn how:
Read more
This Guided Project Demand Planning in RStudio: Create Demand Forecast is for Supply Chain and/or Operations Analysts. In this 2-hour long project-based course, you will learn how:
- Analyse demand data and cateogorise products based on trend and seasonality
- Model demand data and create demand forecast for a given number of forecasting periods.
- Diagnose the demand model; evaluate the forecast; plot and export the output.
Benefit: Creating reasonably accurate forecasts enables businesses to make efficient production plans, determine optimal inventory policies, make effective pricing decisions, and achieve better customer satisfaction.
Prerequisites:
1. Basic R language (variables, vectors, data frames)
2. Familiarity with RStudio interface
3. Basic overview of Supply Chains / Operations
Register for this course and see more details by visiting:
OpenCourser.com/course/6jibim/demand
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What's inside
Syllabus
Project Overview
Welcome to "Demand Planning In RStudio - Create Demand Forecast". This is a project-based course which should take under 2 hours to finish. Before diving into the project, please take a look at the course objectives and structure. By the end of this project, you will learn how to apply the Demand Forecasting framework, model demand data and create demand forecast for a given number of forecasting periods, and diagnose the demand model, evaluate the forecast, plot and export the output.
Good to know
Good to know
Know what's good ,
what to watch for , and
possible dealbreakers
Learners will acquire tools and techniques for modeling and forecasting demand
Focuses on Supply Chain and Operations Analysts
Includes industry-standard tools like R and RStudio
Taught by Moses Gummadi, a recognized instructor
Provides hands-on experience with project-based learning
May require additional software or tools
Save this course
Save Demand Planning in RStudio: Create Demand Forecast to your list so you can find it easily later:
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Activities
Be better prepared
before
your course. Deepen your understanding
during
and
after
it. Supplement your coursework and achieve mastery of the topics covered
in Demand Planning in RStudio: Create Demand Forecast with these
activities:
Review fundamental R programming
Show steps
Revisit basic R programming concepts to ensure a strong foundation for this course.
Browse courses on
R
Show steps
-
Review R data structures (vectors, matrices, data frames)
-
Refresh R functions and operations (arithmetic, logical, conditional)
Organize and Review Course Materials
Show steps
Stay organized and review key concepts by compiling materials from the course.
Show steps
-
Create a system for organizing notes and assignments
-
Regularly review materials to reinforce understanding
Sharpen Statistical Analysis Skills
Show steps
Enhance statistical analysis skills to improve the accuracy and robustness of demand forecasts.
Browse courses on
Statistical Analysis
Show steps
-
Review statistical concepts (e.g., mean, variance, regression)
-
Apply statistical techniques to analyze demand patterns
Five other activities
Expand to see all activities and additional details
Show all eight activities
Explore Demand Forecasting with an R Tutorial
Show steps
Follow a guided tutorial to enhance understanding of demand forecasting techniques in R.
Browse courses on
Demand Forecasting
Show steps
-
Complete tutorial on forecasting methods (e.g., ARIMA models)
-
Apply tutorial concepts to practice exercises
Solve Demand Forecasting Practice Problems
Show steps
Reinforce demand forecasting skills through practice problems, improving accuracy and efficiency.
Browse courses on
Demand Forecasting
Show steps
-
Solve practice problems covering trend analysis
-
Complete exercises on seasonality and forecasting horizons
Discuss Demand Forecasting Case Studies with Peers
Show steps
Connect with peers to exchange knowledge, perspectives, and best practices in demand forecasting.
Browse courses on
Demand Forecasting
Show steps
-
Read and analyze case studies on demand forecasting
-
Participate in peer discussions to share insights
Create a Demand Forecast Model for a Product
Show steps
Apply the demand forecasting framework to a real-world product, enhancing practical understanding.
Browse courses on
Demand Forecasting
Show steps
-
Gather data and select appropriate forecasting method
-
Build and validate the demand forecast model
-
Generate and present the final demand forecast
Develop a Demand Forecasting Tool for a Client
Show steps
Engage in a practical project to apply demand forecasting for a client, gaining valuable experience.
Browse courses on
Demand Forecasting
Show steps
-
Consult with the client to gather requirements
-
Develop and implement a demand forecasting model
-
Present the findings and recommendations to the client
Review fundamental R programming
Show steps
Revisit basic R programming concepts to ensure a strong foundation for this course.
Browse courses on
R
Show steps
Show steps
Show steps
- Review R data structures (vectors, matrices, data frames)
- Refresh R functions and operations (arithmetic, logical, conditional)
Organize and Review Course Materials
Show steps
Stay organized and review key concepts by compiling materials from the course.
Show steps
Show steps
Show steps
- Create a system for organizing notes and assignments
- Regularly review materials to reinforce understanding
Sharpen Statistical Analysis Skills
Show steps
Enhance statistical analysis skills to improve the accuracy and robustness of demand forecasts.
Browse courses on
Statistical Analysis
Show steps
Show steps
Show steps
- Review statistical concepts (e.g., mean, variance, regression)
- Apply statistical techniques to analyze demand patterns
Five other activities
Expand to see all activities and additional details
Show all eight activities
Explore Demand Forecasting with an R Tutorial
Show steps
Follow a guided tutorial to enhance understanding of demand forecasting techniques in R.
Browse courses on
Demand Forecasting
Show steps
Show steps
Show steps
- Complete tutorial on forecasting methods (e.g., ARIMA models)
- Apply tutorial concepts to practice exercises
Solve Demand Forecasting Practice Problems
Show steps
Reinforce demand forecasting skills through practice problems, improving accuracy and efficiency.
Browse courses on
Demand Forecasting
Show steps
Show steps
Show steps
- Solve practice problems covering trend analysis
- Complete exercises on seasonality and forecasting horizons
Discuss Demand Forecasting Case Studies with Peers
Show steps
Connect with peers to exchange knowledge, perspectives, and best practices in demand forecasting.
Browse courses on
Demand Forecasting
Show steps
Show steps
Show steps
- Read and analyze case studies on demand forecasting
- Participate in peer discussions to share insights
Create a Demand Forecast Model for a Product
Show steps
Apply the demand forecasting framework to a real-world product, enhancing practical understanding.
Browse courses on
Demand Forecasting
Show steps
Show steps
Show steps
- Gather data and select appropriate forecasting method
- Build and validate the demand forecast model
- Generate and present the final demand forecast
Develop a Demand Forecasting Tool for a Client
Show steps
Engage in a practical project to apply demand forecasting for a client, gaining valuable experience.
Browse courses on
Demand Forecasting
Show steps
Show steps
Show steps
- Consult with the client to gather requirements
- Develop and implement a demand forecasting model
- Present the findings and recommendations to the client
Career center
Learners who complete Demand Planning in RStudio: Create Demand Forecast will develop knowledge and skills
that may be useful to these careers:
Supply Chain Analyst
Supply Chain Analyst
Supply chain analysts use data, processes, and technology to improve a supply chain's overall efficiency. This course would provide the necessary training to analyze demand, helping you to streamline your supply chain, reduce costs, and improve profitability. The skills you'll learn in this course are important for any supply chain analyst, and they will give you a competitive edge in obtaining and progressing in a role within this field.
Demand Planner
Demand Planner
Demand planners predict future customer demand for products and services. This course will teach you the skills necessary to gather and analyze data, forecast demand, and make recommendations to management. These skills are essential for any demand planner, and they will help you to succeed in this in-demand role.
Operations Research Analyst
Operations Research Analyst
Operations research analysts use mathematical and analytical techniques to solve complex problems in business and industry. This course will provide you with the skills you need to analyze data, build models, and make recommendations to improve operations. These skills are in high demand in a variety of industries, and they will give you a leg up in obtaining and excelling in a role as an operations research analyst.
Data Analyst
Data Analyst
Data analysts collect, clean, and analyze data to help businesses make informed decisions. This course will teach you the skills you need to gather, analyze, and interpret data. These skills are in high demand across a variety of industries, and this course will help you to qualify for a data analyst position or advance your career in the field.
Business Analyst
Business Analyst
Business analysts use data and analysis to help businesses make better decisions. This course will teach you the skills you need to gather, analyze, and interpret data, as well as make recommendations to management. These skills are in high demand across a variety of industries, and this course will help you to qualify for a business analyst position or advance your career in the field.
Market Researcher
Market Researcher
Market researchers study consumer behavior and trends to help businesses make better decisions. This course will teach you the skills you need to gather, analyze, and interpret data, as well as make recommendations to management. These skills are in high demand across a variety of industries, and this course will help you to qualify for a market researcher position or advance your career in the field.
Financial Analyst
Financial Analyst
Financial analysts use data and analysis to help businesses make better decisions about their finances. This course will teach you the skills you need to gather, analyze, and interpret data, as well as make recommendations to management. These skills are in high demand across a variety of industries, and this course will help you to qualify for a financial analyst position or advance your career in the field.
Management Consultant
Management Consultant
Management consultants help businesses improve their performance. This course will teach you the skills you need to analyze data, identify problems, and make recommendations to management. These skills are in high demand across a variety of industries, and this course will help you to qualify for a management consultant position or advance your career in the field.
Product Manager
Product Manager
Product managers are responsible for the development and launch of new products. This course will teach you the skills you need to analyze data, identify customer needs, and develop new products. These skills are in high demand in a variety of industries, and this course will help you to qualify for a product manager position or advance your career in the field.
Salesforce Analyst
Salesforce Analyst
Salesforce analysts use data and analysis to help businesses improve their sales performance. This course will teach you the skills you need to gather, analyze, and interpret data, as well as make recommendations to management. These skills are in high demand across a variety of industries, and this course will help you to qualify for a salesforce analyst position or advance your career in the field.
Operations Manager
Operations Manager
Operations managers are responsible for the day-to-day operations of a business. This course will teach you the skills you need to analyze data, identify problems, and make decisions to improve the efficiency of your operations. These skills are in high demand across a variety of industries, and this course will help you to qualify for an operations manager position or advance your career in the field.
Project Manager
Project Manager
Project managers are responsible for the planning, execution, and completion of projects. This course will teach you the skills you need to analyze data, identify risks, and develop plans to ensure the success of your projects. These skills are in high demand across a variety of industries, and this course will help you to qualify for a project manager position or advance your career in the field.
Quality Assurance Analyst
Quality Assurance Analyst
Quality assurance analysts are responsible for ensuring that products and services meet quality standards. This course will teach you the skills you need to analyze data, identify problems, and make recommendations to improve the quality of your products and services. These skills are in high demand across a variety of industries, and this course will help you to qualify for a quality assurance analyst position or advance your career in the field.
Data Engineer
Data Engineer
Data engineers are responsible for designing, building, and maintaining data pipelines. This course will teach you the skills you need to analyze data, identify patterns, and develop data models. These skills are in high demand across a variety of industries, and this course will help you to qualify for a data engineer position or advance your career in the field.
Software Engineer
Software Engineer
Software engineers are responsible for the design, development, and maintenance of software applications. This course may be useful for software engineers who are interested in learning how to analyze data and develop data-driven applications.
For more career information including salaries, visit:
OpenCourser.com/course/6jibim/demand
Reading list
We've selected ten books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
Demand Planning in RStudio: Create Demand Forecast.
Save
Provides a comprehensive overview of demand forecasting techniques and their application in business.
Provides a practical guide to predictive analytics for demand forecasting.
Save
Provides a comprehensive overview of forecasting methods for business and economics.
Save
Provides a comprehensive overview of forecasting methods, with a focus on time series data.
Save
Provides a comprehensive overview of forecasting methods.
Provides a comprehensive overview of demand forecasting and planning.
Provides a comprehensive overview of time series analysis and forecasting.
Save
Provides a comprehensive overview of statistical methods for forecasting.
Provides a comprehensive overview of supply chain and operations management.
Save
Provides a theoretical foundation for time series analysis, with a focus on applications in forecasting.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/6jibim/demand
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Effort
2 hours
Level
Intermediate
Via
Coursera
Institution
Coursera Project Network
Instructor
Moses Gummadi
Language
English
Good to know
Learners will acquire tools and techniques for modeling and forecasting demand
Focuses on Supply Chain and Operations Analysts
Includes industry-standard tools like R and RStudio
Taught by Moses Gummadi, a recognized instructor
Provides hands-on experience with project-based learning
May require additional software or tools
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