Optimizing Operations Using Demand Forecasting and Capacity Management

Everyone
  • 8 videos | 22m 21s
  • Includes Assessment
  • Earns a Badge
  • Certification CPE
  • Certification PMI PDU
Rating 4.5 of 464 users Rating 4.5 of 464 users (464)
It's a fact that market trends are constantly changing. Failure to adapt to these changes may result in your organization losing its competitiveness - and, ultimately, customers. To take advantage of these shifting forces, businesses must implement an effective operations management strategy that matches market demands. In this course, you'll learn about demand forecasting and capacity management, two techniques that can optimize your organization's operations to handle market trends and meet the challenges of supply and demand. You'll also learn about demand patterns, a process for forecasting demand, and strategies for managing your organization's capacity.

WHAT YOU WILL LEARN

  • Match customer demand trends with the patterns that illustrate them
    Identify the major demand forecasting variables
    Sequence the stages in the demand forecasting process
    Match models for forecasting demand to specific forecasting methods
  • Recognize the characteristics of level, or fixed, strategies for managing capacity
    Match capacity management strategies that involve chasing demand to their descriptions
    Recognize characteristics of demand management strategies

IN THIS COURSE

  • 43s
  • 3m 20s
  • Locked
    3.  Demand Forecasting Variables
    3m 5s
    In this video, you will learn how to identify the major demand forecasting variables. FREE ACCESS
  • Locked
    4.  A Process For Forecasting Demand
    3m 7s
    Discover how to sequence the stages in the demand forecasting process. FREE ACCESS
  • Locked
    5.  Demand Forecasting Models and Methods
    3m 16s
    In this video, you will learn how to match models for forecasting demand with specific forecasting methods. FREE ACCESS
  • Locked
    6.  Managing Capacity By Keeping Production Level
    3m 4s
    During this video, you will learn how to recognize the characteristics of level, or fixed, strategies for managing capacity. FREE ACCESS
  • Locked
    7.  Managing Capacity By Chasing Demand
    3m 2s
    In this video, find out how to match capacity management strategies that involve chasing demand to their descriptions. FREE ACCESS
  • Locked
    8.  Managing Capacity By Managing Demand
    2m 44s
    Learn how to recognize characteristics of demand management strategies. FREE ACCESS

EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE

Skillsoft is providing you the opportunity to earn a digital badge upon successful completion on some of our courses, which can be shared on any social network or business platform.

Digital badges are yours to keep, forever.

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