MUMBAI, India, April 4 /Xinhua-PRNewswire/ -- Because of strong interest from practitioners to bring forecasting education to India, the IBF will hold its first Asian based event in Mumbai, India scheduled on 21 & 22 May 2007; a Business Forecasting Training Workshop and Forum that will give step-by-step training in business forecasting & planning geared towards the needs of practicing professionals.
Over the last 25 years, the IBF has established itself as the premiere organization providing tools and knowledge to help companies make better estimates of their demand with its conferences, Journal of Business Forecasting (JBF), and research, as well as training workshops and forums. This particular event will feature forecasting’s foremost thought leader, Dr. Chaman L. Jain of St. John’s University USA in conjunction with Asian based practitioners from companies such as General Motors (GM), and ARASCO Feed Business. Attendees are expected from all European, Middle Eastern, and Asian communities.
"Professionals looking to improve their supply chain in order to reduce inventory and improve customer service will find ways to accomplish this at this workshop," says Anish Jain, Managing Director IBF. Topics, relevant to every industry will be covered, including "How to Set up a Forecasting Process, and "How to Improve Forecasting and Supply Chain with a Vendor Managed Inventory Program." It will also show step-by-step, how to prepare forecasts. The program is intended to offer attendees a comprehensive understanding of key methods and processes in forecasting. "The workshop program will not only give you the forecasting knowledge you need, but also help you advance in your career," says Anish "The best part is that attendees can put what they have learned to use as soon as they return to their office." This training will also help them prepare to sit for the Certified Professional Forecaster (CPF)(R) exams for the IBF’s unique certification program that validates ones experience, knowledge and skills set in forecasting. In addition, the workshop will delve into how collaborative efforts such as Sales & Operations Planning (S&OP) as well as Collaborative Planning Forecasting & Replenishment (CPFR) can improve the quality of forecasts. To register and for more information on this event please go to: http://www.ibf.org/0705pr.cfm .
