Institute of Business Forecasting (IBF) Holds its First Business Forecasting Training Workshop & Forum in Asia

Institute of Business Forecasting (IBF) Holds its First Business Forecasting Training Workshop & Forum in Asia

April 04, 2007

    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 . 



    For more information, please contact:

     Jonathan Tafarella
     Marketing Coordinator
     Institute of Business Forecasting
     Tel:   [phone] x105
     Fax:   [phone] 
     Email: [e-mail] 
     Web:   http://www.ibf.org