Certified Forecaster and Demand Planner - CFDP

This course includes the ISCEA Certified Forecaster and Demand Planner (CFDP) Exam. Upon successful completion of the exam course, you will earn both an edX course completion certificate, as well as the ISCEA Certified Forecaster and Demand Planner Certification. A passing rate of 70% on the CFDP Exam is indicative of successful completion.

Before you can take this exam, you are required to complete the three preparatory courses listed in the Certified Forecaster and Demand Planner (CFDP) program. This program will provide you with the skills and knowledge you need to be successful in the CFDP Exam.

Learners are not permitted to take the CFDP Exam course without completing all three of the preparatory courses:

CFDP01: Improving Supply Chain Performance through Demand Planning.

Knowledge assessed: Supply chain management essentials, Inventory planning fundamentals, Bullwhip effect, Introduction to sales and operations planning / integrated business planning - S&OP / IBP, Consensus, prioritization and integration with strategic planning, and Collaborative Planning, Forecasting and Replenishment - CPFR.

CFDP02: Forecasting Techniques for Slow and Rapidly Changing Demand.

Knowledge assessed: Forecasting myths, realities and challenges, Forecasting based on historical data, Seasonal demand forecasting, Intermittent demand forecasting, Judgmental and causal forecasting models, improving forecasting with Machine Learning, New product forecasting, forecast performance, impact of randomness and disruptive events in forecasts, and Improving forecasting with Lean and Six Sigma Principles.

CFDP03: Demand Management in a Demand Driven Supply Chain.

Knowledge assessed: Demand driven supply chain framework, Demand sensing, improving forecasting with POS data and demand sensing, Principles of data analysis, Supply chain response, Introduction to Demand Driven Materials Requirement Planning– DDMRP

ISCEA, the International Supply Chain Education Alliance was the first organization on the globe certifying Supply Chain Managers - CSCM, Supply Chain Analysts - CSCA and Demand-Driven Planners - CDDP, and it remains the worldwide authoritative resource for Supply Chain career validation with thousands of certificate holders commanding top-tier salaries.

What's inside

Learning objective

Upon successful completion of this exam, you will earn both the edx certificate of completion and the official iscea certified forecaster and demand planner certification valid worldwide.

Syllabus

This course includes Exam Onboarding as well as the official proctored CFDP Exam, fully online. The official proctored CFDP Exam includes 70 questions an problems, and you must earn a score of 70% or higher to pass.

Topics evaluated in the exam:

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Provides experience with software that is commonly used in industry

Lessons taught include industry-recognized methods and practices

Top-level instructors recognized for their work in similar courses

Taught by subject matter experts rather than generalists

Taught by individuals who have published papers or books on the subject

Learners earn an internationally recognized certification upon completion

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 Certified Forecaster and Demand Planner - CFDP - Certification Exam with these activities:

Explore Time Series Analysis Techniques

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Understanding time series analysis will enhance the comprehension of more advanced forecasting models and techniques

Browse courses on Time Series Analysis

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Identify online tutorials or resources on time series analysis
Follow step-by-step tutorials on different time series analysis methods
Experiment with time series analysis techniques using sample datasets

Show all one activities

Career center

Learners who complete Certified Forecaster and Demand Planner - CFDP - Certification Exam will develop knowledge and skills that may be useful to these careers:

Demand Planner

A Demand Planner plays a crucial role in forecasting demand for products and services, a core task in supply chain management. This course provides the knowledge and skills needed to succeed as a Demand Planner, covering essential concepts such as inventory planning, sales and operations planning, and collaborative forecasting. By understanding the principles of demand planning and honing your forecasting abilities, you can help organizations optimize their supply chains and gain a competitive advantage.

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Forecasting Analyst

Forecasting Analysts specialize in predicting future trends and events, providing valuable insights for businesses to make informed decisions. This course equips you with the techniques and methodologies used by Forecasting Analysts, enabling you to develop accurate and reliable forecasts. You'll gain expertise in historical data analysis, seasonal demand forecasting, and judgmental forecasting models, empowering you to excel in this field.

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Supply Chain Analyst

Supply Chain Analysts are responsible for optimizing supply chains, ensuring efficient and cost-effective delivery of products and services. This course provides a comprehensive understanding of supply chain management, including inventory planning, demand forecasting, and collaborative planning. By mastering these concepts, you can contribute to improving supply chain performance and driving organizational success.

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Inventory Analyst

Inventory Analysts play a vital role in managing inventory levels, ensuring that organizations have the right products in the right quantities at the right time. This course provides a strong foundation in inventory planning and management, covering topics such as inventory forecasting, safety stock optimization, and inventory control techniques. With this knowledge, you can excel as an Inventory Analyst and contribute to efficient supply chain operations.

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Materials Manager

Materials Managers oversee the procurement and management of materials used in manufacturing or production processes. This course provides insights into supply chain management, inventory planning, and demand forecasting, equipping you with the skills needed to optimize materials management. By understanding the principles of demand-driven supply chains and lean manufacturing, you can effectively manage materials and contribute to operational efficiency.

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Procurement Analyst

Procurement Analysts are responsible for sourcing and procuring goods and services for organizations. This course provides a solid foundation in supply chain management, including demand forecasting, inventory planning, and supplier evaluation. By understanding these concepts, you can contribute to cost optimization and efficient procurement practices, making you an invaluable asset to any organization.

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Business Analyst

Business Analysts identify and analyze business needs and develop solutions to improve organizational performance. This course provides a comprehensive overview of supply chain management, demand forecasting, and inventory planning. By gaining knowledge in these areas, you can contribute to data-driven decision-making and process optimization, making you a well-rounded Business Analyst.

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Data Analyst

Data Analysts collect, analyze, and interpret data to provide valuable insights for businesses. This course provides a foundation in data analysis principles and techniques, including demand forecasting and inventory planning. By developing your analytical skills and understanding of supply chain management, you can effectively extract insights from data and contribute to informed decision-making.

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Operations Research Analyst

Operations Research Analysts use mathematical and analytical techniques to solve complex business problems. This course provides a strong foundation in inventory planning, demand forecasting, and supply chain optimization. By mastering these concepts, you can contribute to data-driven decision-making, process improvement, and resource allocation, making you a valuable asset in operations research.

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Project Manager

Project Managers oversee and coordinate projects to ensure their successful completion. This course provides a comprehensive understanding of project management principles and practices, including demand forecasting and resource planning. By gaining knowledge in these areas, you can effectively plan, execute, and deliver projects that meet organizational objectives.

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Risk Analyst

Risk Analysts identify, assess, and mitigate risks to an organization's operations. This course provides insights into supply chain management, demand forecasting, and inventory planning. By understanding these concepts, you can contribute to risk assessment and mitigation strategies, helping organizations navigate uncertainty and protect their interests.

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Sales Manager

Sales Managers lead and motivate sales teams to achieve revenue targets. This course provides a foundation in demand forecasting, inventory planning, and supply chain management. By understanding these concepts, you can effectively align sales strategies with demand and supply, optimize inventory levels, and drive sales growth.

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Marketing Manager

Marketing Managers develop and execute marketing campaigns to promote products or services. This course provides insights into demand forecasting, market research, and consumer behavior. By gaining knowledge in these areas, you can effectively create and implement marketing strategies that drive demand and build brand awareness.

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Financial Analyst

Financial Analysts evaluate and interpret financial data to make investment recommendations. This course provides a foundation in financial analysis, including demand forecasting and market trends. By understanding these concepts, you can contribute to financial planning, risk assessment, and investment decisions.

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Operations Manager

Operations Managers oversee the day-to-day operations of an organization. This course provides a comprehensive understanding of operations management principles and practices, including demand forecasting and inventory planning. By gaining knowledge in these areas, you can effectively manage operations, optimize processes, and drive continuous improvement.

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