14 th 18 th March 2016, Hotel Istana Kuala Lumpur, Malaysia

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1 Smarter Forecasting and Planning combined CPDF I & CPDF II workshop Demand Forecasting Principles, Methodologies, Performance Measurement and Best Practices (3 days) + CPDF III workshop Collaborative Forecasting Approaches, S&OP Process and Business Integration Practices (2days) Dr. Hans Levenbach Founder and President of Delphus Inc Elected Fellow, former President and Treasurer of the International Institute of Forecasters (IIF) Served on the editorial board of FORESIGHT, the practitioner journal published by the IIF Member of APICS, INFORMS, American Statistical Association and an elected member of the International Statistics Institute Instrumental in designing the "Certified Professional Demand Forecaster" (CPDF ) curriculum ( Co-author (with Jim Cleary) of "Forecasting: Practice and Process for Demand Management." Key Learning Objectives and Benefits: Establish a framework for demand forecasting in the supply chain Introduce a four-step process for streamlining the forecasting cycle Define, interpret, visualize major demand forecasting techniques Identify appropriate accuracy measures for evaluating demand forecasting and forecasting models Complement non-traditional methods with established approaches in forecasting model development Program Requirements! College Degree or Job Experience Reasonable experience in MS Excel Acceptable level of English Language Participants must bring their own personal laptops to run the computer exercises in this workshop! All participants will receive a certificate of attendance issued by Dr. Hans Levenbach. Organized by: YF Asia Pte Ltd Information, Intelligence, Innovation Tel: (65) Fax: (65) [email protected]

2 What is CPDF? This is a certification program for demand forecasters and planners working in supply chain industries. The International Institute of Forecasters (IIF), a thirty-four year old non-for-profit membership organization whose purpose is to advance knowledge and research in forecasting, has endorsed it. The CPDF program is a 200 hours curriculum comprised of three modules, CPDF I Basic, CPDF II Master and CPDF III Pro. The CPDF qualification will address multidimensional job roles in demand forecasting such as data display and validation, database management, dashboard display, understanding quantitative and qualitative projection techniques, model creation and execution, forecast accuracy measurement, model and forecaster performance analysis, organization, and collaborative planning. Course Description Each Level of the CPDF program consists of both instructor-led workshop training hours, and independent hours to be accomplished through self-paced e-learning environment. The successful completion of each level will qualify participants to earn a certificate. CPDF levels & certificates are described below: Basic level Certificate in Demand Forecasting (CPDF I) 90 TRAINING HOURS 15 Hours hands on workshop 75 hours, 6 worksheets E Learning Master level Certificate in Demand Forecasting (CPDF II) 60 TRAINING HOURS 15 Hours hands on workshop 45 hours, 6 worksheets E Learning Professional level Certificate in Demand Forecasting (CPDF III) 50 TRAINING HOURS 20 Hours hands on workshop 30 hours, 6 worksheets E Learning Why you should attend this certified course? Dr. Hans Levenbach have long and global experience in demand management and forecasting High quality and excellent style of delivery with participative debate and discussion, case studies E-learning service through a unique Online Web Platform designed exclusively for CPDF Students 100% Student pass rate, endorsed by past and present students in the region Abilities to enhance local demand date with international experience and theories Interchange demand forecasting experience management with local culture and knowledge

3 The CPDF Certification Curriculum is All About Hands-on Learning The CPDF certification curriculum has been endorsed by the International Institute of Forecasters (IIF). At EACH level, a CPDF certification credential can be earned by attending our 5-days workshop plus completing a six supplementary, self-paced E-Learning worksheet problems as exams: Smarter Forecasting and Planning: Combination of CPDF I and CPDF II compressed into a three-day workshop (24 contact hours/75 independent hours) CPDF III: Forecast Collaboration and Process Integration comprises the remaining 5% of the forecasting work cycle (20 contact hours/30 independent hours) Program Assessment Full attendance of hands-on workshops is required Successful submission of required worksheets through e-learning system CPDF is not a test-based program It s a hand-on workshop therefore please bring your own laptops to run the computer exercises Who Should Attend this Course? Demand Forecasters What You ll Learn Throughout the Course Using a hands-on, interactive workshop structure, you'll define the demand forecasting and planning work cycle and its essential contributions to all aspects of the Sales & Operations (S&OP) planning process. You will gain a profound understanding of how all the components of the S & OP planning process work together with a 'best practices' demand forecasting cycle. Supply Chain Managers Demand Planners Supply Planners Production Managers Operations Managers Financial Analysts Market Analysts Researchers Forecasters Economists Strategists Marketing and Sales Managers

4 Day 1 14 th March 2016 Part 0 : Pre-Course Computer Workshop Part I : The Demand Forecasting and Planning Cycle in the Supply Chain What is demand forecasting? Demand Forecasting and the evolution of Supply Chain Who will use the forecast and what are their data needs? Forecasting as a structured process The PEER Model Computer Workshop A: Defining the Target How to Quantify Drivers of Demand for New and Existing Products and Services Part II : Improving Data Quality through Data Exploration and Visualization Data exploration Learning from actual examples Judging the quality of data Handling unusual events and outliers What are forecasting models? Quantitative vs. qualitative methods Evaluating forecasts and forecasting models Combining and reconciling the final forecast Computer Workshop B: Exploring Trend and Seasonal Variation Part III : How To Use Components of a Time Series Moving averages for smoothing kinks out of data Finding the lift in promotions with moving medians Identifying day-of-week effects through ANOVA methods Creating additive and multiplicative seasonal factors Seasonal adjustment of time series Computer Workshop C: Creating Projections and Seasonal Adjustments with the RMA Decomposition Technique Part IV : Forecasting with State Space Forecasting Models Why use Naïve forecasting techniques? Types of smoothing weight Forecasting profiles for exponential smoothing Applying univariate time series techniques Handling special events with exponential smoothing model Scenario forecast Product lifecycle Computer Workshop D: Large Volume, Data-driven Baseline Forecasting with Exponential Smoothing Models Day 2 15 th March 2015 Part V : Big Data-Data Mining, Exploration and Data Quality Predictive Analytics something new? Methodologies for large-scale data exploration Basic statistical tools for summarizing data Traditional and nonconventional measures of variability Data framework for demand forecasting in the cloud

5 Identifying criteria for assessing data quality Handling exceptions in large data sets Data process frameworks and job checklists Computer Workshop E: Data Exploration, Outlier Correction, and Predictive Analytics Part VI : Forecasting with ARIMA Time Series Models Creating a flexible model building strategy Detecting autocorrelation in time series Identifying seasonal and non-seasonal ARIMA models Diagnostic checks and ARIMA modelling checklist Computer Workshop F: How to create Short-Term Trend and Seasonal Models Part VII : How to Measure Forecast Accuracy Basis of accuracy measurement Bias and Precision Forecasting errors and waterfall charts Goodness of fit versus forecast performance Cost of inaccurate forecasts Traditional and conventional accuracy measurement Computer Workshop G: Root Cause Analysis and Exception Reporting Part VIII : Graphical Tools for Forecast Process Ladder charts for monitoring forecast modeling results Prediction Realization diagrams and business cycles Prediction intervals for controlling judgemental overrides Cumulative tracking signals Trigg s approach Computer Workshop H: How to Use Predictive Visualization to Track and Monitor Forecasting Performance Part IX : Implementing the Demand Forecasting Function Within an Integrated Business Planning Process The Delphi Method The forecasting audit A framework for setting forecasting standards Planning for process improvement Overcoming barriers and closing gaps Day 3 16 th March 2016 Part X : Practical Uses of Forecast Modeling Marketing Promotion planning Sales Pricing : Elasticities Operations Safety stock and inventory forecasting Finance Rolling forecasts and budgeting Computer Workshop I: Using a Time-phased Order Forecasting Model for Customer Replenishment Planning Part XI Designing Regression Models for Forecasting Finding a linear association between two variables Checking ordinary correlation with a nonconventional alternative What are regression model assumptions? What is a best fit? The least square assumption demystified The ANOVA table output for regression analysis Paring the output for use in forecasting Creating forecasts and prediction limits Computer Workshop J: Using Causal Models for Advertising and Promotion Analysis

6 Part XII : Working with Residuals and Forecast Errors to Improve Forecasting Performance Dealing with lack of normality in time series regression modeling Looking out for Black Swans How good was the fit and what does it say about forecasting? Dealing with nonrandom patterns in residuals Impact of error term assumptions on prediction interval determination Creating prediction intervals for forecast monitoring Using prediction limits for quantifying uncertainty in forecasts A checklist for multiple linear regression Computer Workshop K: Taming Volatility Root Cause Analysis and Exception Handling Part XIII : Improving Forecasts with Subjective Judgement When to make judgmental adjustments to forecasts Judgmental traps in forecasting Melding quantitative and qualitative approaches for forecast development and process improvement Creating the final forecast with Change and Chance numbers Computer Workshop L: GLOBL Case-Simulating the Forecasting Cycle (You may bring your own data). Global Electronics Manufacturer (a fictitious company) provides consumer electronic technology products to a broad range of customers worldwide Participants will evaluate and reconcile forecasts and prediction limits for three product lines based on univariate exponential smoothing and multiple linear regression models Day 4 17 th March 2016 Part I : The Demand Forecasting and Planning Cycle in the Supply Chain Concepts of Change and Chance for capturing modelling and uncertainty in demand forecasting Role of demand forecasting in the supply chain Understanding the respective roles of demand forecasters, demand planners, and demand managers Establishing a Budget forecasting cycle for a forecasting simulation game The PEER model Internal and external drivers of demand (good factors) Hands-on Exercise: Targeting the Environment- Creating a Demand-Driven Forecasting Model of a Business Part II : Goals and Objectives of the Forecast Simulation Game Part III : Characterizing a Data Framework for Creating a Forecast Decision Support System Ways to characterize demand Types of activity being forecast Budget data for a rolling forecast Lead-times and rolling forecast horizons The on demand dashboard and forecasting system Who is the customer? Determining forecasting requirements by organization Internal factors likely to influence forecasting Establishing a database framework for efficient storage and retrieval of data and information

7 Hands-on Exercise: Understanding the Data Structure in the Forecasting Game Part IV : Creating Rolling Baseline Forecasts Simulation Game Improving the quality of data in preparation of a statistical forecast Selecting the appropriate aggregation level at which statistical forecasts are to be generated Using a statistical forecasting engine to create unconstrained rolling baseline forecasts Allocating unit and revenue forecasts to lowest levels: SKU and customer/locations Recognizing the implications of making subjective judgements and overrides to multi-level forecasts Start of Competitive Forecasting Game Hands-on Exercise: Adjusting Baseline Forecasts with Managed Overrides Submission of First Forecast in the Forecasting Cycle PROGRAMME SCHEDULE Day 1, 2 & 3 08H30 Registration 09H00 Session 1 10H40 Refreshments & Networking Break 11H00 Session 2 12H45 Lunch 14H00 Session 3 15H30 Refreshments & Networking Break 15H50 Session 4 17H00 Course Ends Day 5 18 th March 2016 Part V : Bias and Precision: Establishing Forecast Error Metrics with Statistical Models Defining bias and precision as the basis for determining forecast accuracy Interpreting predictions limits in statistical models Identifying accuracy measures for evaluating demand forecasts Defining Key Performance Indicators (KPI) for uses of forecasts Hands-on Exercise: Establishing Criteria for Evaluating Forecasts with the Case Data Submission of Second Forecast Submission of Final Forecast Team Presentations Part VI: Recap of Simulation Game and Presentation of Game Awards PRE-COURSE QUESTIONNAIRE: To ensure that you gain maximum value from this course, a detailed questionnaire will be forwarded to you upon registration to establish your exact training needs and issues of concerns. Your completed questionnaire will be analyzed by the course trainer prior to the event and addressed during the event. You will receive a comprehensive set of course documentation on the day of the training. Proudly Produced by YF Asia REGISTER TODAY! Tel: (65) / Fax: (65) [email protected]

8 More Details about the course facilitator: Dr Hans Levenbach, PhD Founder and President Of Delphus Inc Hans Levenbach, PhD is the founder and President of Delphus, Inc., which provides the PEER Planner demand forecasting and replenishment planning software solution for supply chain companies as well as hospital management organizations. Hans began his career at AT&T Bell Laboratories as an applied statistician specializing in predictive analytics, forecaster training and developing decision support systems. After the breakup of the Bell System he founded Delphus, Inc. ( He has taught statistics and forecasting courses at Columbia University as well as MBA Statistics at New York University. He and his wife Suzanne enjoy traveling and attend the annual International Symposium on Forecasting, where he gained much of the background for the most recent book. He is an elected Fellow, Past President, Treasurer of the International Institute of Forecasters (IIF), and served on the editorial board of FORESIGHT, the practitioner journal published by the IIF. He is also a member of APICS, INFORMS, American Statistical Association and elected member of the International Statistics Institute. In collaboration with the International Institute of Forecasters, Hans has been instrumental in designing and constructing "Certified Professional in Demand Forecasting" (CPDF) curriculum for the professional certification of demand forecasters globally. Hans has made a number of presentations on "The Ten Worst (and some Best) Demand Forecasting Practices That Improve Forecasting Performance" to supply chain planning audiences. He is a co-author (with Jim Cleary) of "Forecasting: Practice and Process for Demand Management." Testimonials from Dr. Hans participants: "CPDF is a very useful, hands-on training workshop for combining statistical approaches with a reference to the demand forecasting and planning process. Demand forecasters/planners will realize continuous improvement by having more accurate forecasts in every cycle. I recommend CPDF training for practitioners working in related areas of the supply chain" "After the CPDF I training workshop, we introduced a new demand planning process based on weekly and daily history rather than monthly forecasts to better reflect the dynamics (short shelf live products) in our business. We reduced product returns and improved forecast accuracy. I am getting good appreciation from everyone now." "I have already seen dividends from the first CPDF workshop and certification. At work my forecasting responsibilities have grown from the West to the entire US, a challenge for which knowing the PEER process has prepared me for, giving me not only the tools to perform well, but also confidence in the job." Partial List of Companies that Dr Hans has advised: 3M PETRON PTT Group Caltex ESKOM City Power SABIC BMW Toyota Adidas Calvin Klein Kodak L Oreal Huawei Technologies Panasonic IBM Jotun Roche Pharmaceuticals Pfizer GlaxoSmithKline Turkish Petroleum TPAO Honeywell Automotive Avon Coca Cola Eli Lilly F&N Saudi Electric Government of Turkey Electricity Control Board of Namibia