Accurate demand forecasting and effective inventory management are essential for businesses looking to improve operational efficiency, reduce costs, and strengthen supply chain performance. However, forecasting inaccuracies, data bias, and inefficient inventory planning can create significant challenges for organisations.
To help supply chain professionals overcome these challenges, the Australasian Supply Chain Institute (ASCI) is organising an intensive one-day online workshop, “Sharper Forecasts, Stronger Business Performance,” on 27 October 2026.
This practical workshop is designed to help professionals strengthen their demand forecasting skills, improve inventory planning, and make more informed business decisions.
Why Accurate Demand Forecasting Matters
Demand forecasting plays a critical role in supply chain management. Businesses rely on accurate forecasts to maintain appropriate inventory levels, optimise production schedules, and meet customer expectations.
Poor forecasting can lead to several operational challenges, including:
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Excess inventory and increased storage costs
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Stock shortages and missed sales opportunities
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Inefficient production and resource planning
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Poor coordination between departments
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Reduced profitability and customer satisfaction
By implementing structured forecasting methods, organisations can reduce avoidable errors and improve supply chain visibility.
ASCI's online workshop provides practical techniques to help professionals build more reliable forecasts and strengthen overall business performance.
What Will You Learn During the Workshop?
The Sharper Forecasts, Stronger Business Performance workshop focuses on practical forecasting strategies and inventory optimisation techniques.
1. Improve Demand Forecasting Accuracy
Learn how to identify common forecasting challenges, understand demand patterns, and apply structured methods to improve forecast reliability.
2. Identify and Reduce Data Bias
Data bias can negatively influence forecasting decisions. Participants will explore approaches to identifying inconsistencies, improving data quality, and reducing bias in demand planning.
3. Optimise Safety Stock Levels
Maintaining appropriate safety stock is essential for balancing product availability with inventory costs. The workshop explores how better forecasting can support more effective safety stock decisions.
4. Align Business Planning Processes
Effective forecasting requires collaboration between sales, marketing, operations, and supply chain teams. Participants will learn how to improve planning alignment and support more effective Sales and Operations Planning (S&OP).
Learn from an Experienced Industry Expert
The workshop will be facilitated by an experienced professional with over 34 years of global business improvement experience.
Participants will benefit from practical industry insights and a step-by-step learning framework designed for intermediate-to-advanced professionals.
The facilitated online format encourages professional learning while allowing attendees to participate remotely.
Who Should Attend?
This workshop is particularly suitable for professionals involved in forecasting, inventory planning, and business operations, including:
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Demand planners and forecasting professionals
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Master schedulers and inventory managers
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Sales and marketing professionals
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Supply chain and operations managers
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Sales and Operations Planning (S&OP) stakeholders
Professionals looking to improve forecasting accuracy, optimise inventory levels, and strengthen cross-functional planning can benefit from this specialised training.
Workshop Details
Course: Sharper Forecasts, Stronger Business Performance
Date: 27 October 2026
Time: 9:00 AM – 5:00 PM (Sydney Time)
Delivery Mode: Facilitated Online Workshop via Zoom
Duration: One Day
Professional Development: 8 CPD Points
Certification: Course Completion Certificate
Why Choose ASCI for Supply Chain Professional Development?
The Australasian Supply Chain Institute (ASCI) supports supply chain professionals through industry-focused education, professional certification, and career development opportunities.
Its training programs help professionals strengthen practical capabilities, respond to changing business requirements, and improve organisational performance.
By participating in this workshop, attendees can enhance their forecasting knowledge while earning valuable continuing professional development points.
Register for ASCI's Demand Forecasting Workshop
Are you ready to improve forecasting accuracy, reduce inventory inefficiencies, and strengthen your organisation's planning processes?
Join ASCI on 27 October 2026 for the Sharper Forecasts, Stronger Business Performance online workshop.
Develop practical forecasting capabilities, learn from an experienced industry facilitator, and take the next step toward more effective supply chain planning.
Secure your place today!
Register Here: https://asci.org.au/Web/Web/Events-Learning/Events/Event_Display.aspx?EventKey=20261006