Forecasting Product Demand in R

Yes! After completing the course, you will be eligible to receive an official certificate from DataCamp.

This course would be beneficial to anyone looking to drive product demand such as operations managers, supply chain analysts, sales and marketing personnel, and pricing and merchandising analysts.

This course is designed to help you accurately forecast product demand in an efficient and reliable way. You will learn to identify important drivers of demand, look at seasonal effects, and predict demand for a hierarchy of products from a real-world example.

This course covers a broad range of topics related to forecasting product demand, including time series modeling, pricing elasticity models, transfer functions and forecast ensembling, and hierarchical forecasting.

This course primarily uses the R language to build models and use functions.

You will encounter datasets about sales and customer data as well as various analytical and plotting technologies.

After carefully following the course, you will be able to predict demand for multiple products across a region of a state, roll up these predictions across many different regions of the same state, and form a complete hierarchical forecasting system.