Fundamentals of Forecasting
Pharma Forecasting Training: Independent Online Learning
We love to educate, support and inject the passion we have for forecasting into our comprehensive pharma forecasting training.
Curriculum Overview
Outcomes
The aim of the course is to instil greater confidence in forecasting by providing an in-depth understanding of forecasting fundamentals.
Following this course you will be able to:
- Identify the most appropriate forecasting methodology for your product
- Rationalize the pros and cons of different forecasting approaches
- Develop a forecast using best practice principles
- Ensure forecasts are clear and transparent for all users
- Critically assess existing forecasts
Who should attend?
The Fundamentals of Forecasting Training Course is suitable for professionals at all levels who contribute to the forecasting process within the pharmaceutical and healthcare industries. This includes, but is not limited to, marketing and brand teams, product and portfolio managers, finance leaders, business intelligence specialists, analysts and forecasters.
Whether you are responsible for developing forecasts, providing data and assumptions, reviewing models, or making strategic decisions based on forecast outputs, this training will equip you with the practical skills and confidence needed to excel in your role, even if completely new to forecasting.
What will be covered
All key topics will be covered to ensure a strong and comprehensive understanding of forecasting:
- Founding principles of good forecasting
- Key steps to creating a forecast; define, trend, event, convert
- Sales vs Epi vs Opportunity vs Patient Flow methodologies, and how to choose the correct approach
- How to include seasonality, structural breaks, recently launched products and much more, in your trend
- Probability, scenario, and econometric based approaches
- Conversion to volume and revenue
Who should attend?
The training is brought to life using engaging visuals, real-life examples, and a do-it-yourself case study.
- 17 videos and accompanying text walk you through the 4 key fundamentals of forecasting
- 6 real-life examples bring the theory to life
- 5 quizzes test your understanding as you move through the training
- 2 case studies to put into practice what you have learnt – one in which you can design and build your own forecast model
Ready to learn more?
Our training philosophy centres on practicality, engagement, accessibility, and relevance to the contemporary pharmaceutical landscape. We address the existing gap in providing exceptional pharmaceutical forecasting training, ensuring that our offerings align with the industry’s evolving needs.
More courses
Discover our online courses.
We have digitized our face to face training so that you can complete online pharmaceutical forecasting courses at any time, any pace, any place.
Why choose online training
Confidence
Approach your forecasts with confidence, armed with the most appropriate techniques and methodologies.
Work around your schedule
Knowledge enhancement
Benefit from the expertise of J+D’s pharma forecasting specialists, elevating your understanding of methodologies and sophisticated approaches.
Ready to learn more? Contact us today to get started.
