Effective Production Forecasting

Host: University of Derby

Location: Online

Cost: FREE

Dates:

Monday, 6th September 2021 at 10:00am - 11:30am

What is the workshop about?

This workshop will show you the basic principles of forecasting under conditions of uncertainty. You will learn a variety of forecasting techniques that will help you plan the production volume requirements for your market constraints.

What will I learn?

The workshop will cover identifying the type of market volatility you need to deal with, techniques for learning from prior data to forecast future requirements and methods for building resilience into your production forecasting. No prior knowledge of forecasting is assumed.

How much does it cost to attend?

The workshop is part of our Enscite programme which is funded by the European Regional Development Fund (ERDF). This means the workshop is fully funded and offered without any cost to your organisation.

Meet your speaker

Dr Brian Price lectures at Aston University and researches the areas of ultra-low carbon vehicles, engine/transmission design and technology. He has over 25 years experience in industry, holding the position of chief engineer and technical director at a number of major engineering companies.

Is my organisation eligible to participate?

To participate, you must work for an organisation that meets the following funding criteria:

  • Part of the automotive, aerospace or rail sector supply chains (not however part of the financial services sector)
  • Based in Derbyshire or Nottinghamshire
  • Fewer than 250 employees
  • No more than 25 per cent owned by a large company (i.e. a company that is not an SME)
  • Turnover of less than 50 million euros and/or annual balance sheet less than 49 million euros
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