Forecasting Technique Course
Acquire hands-on skills in forecasting techniques for monthly sales data. Delve into time series analysis, ARIMA and ETS models, feature engineering, model selection, and evaluation methods to generate precise 6-month projections that inform intelligent decisions in marketing, inventory control, and revenue growth strategies. This course equips you with tools to transform raw data into actionable business insights.
from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
Gain expertise in practical forecasting methods to develop dependable 6-month sales forecasts from actual monthly data. This targeted course covers cleaning and validating CSV files, creating calendar and promotion features, implementing ARIMA, ETS, and regression models, assessing performance via backtests, and producing insightful forecast reports to enhance planning, inventory management, and marketing budget allocation.
Elevify advantages
Develop skills
- Time series feature engineering: rapidly construct promotion, calendar, and lag features.
- ARIMA, ETS, and SARIMA modelling: implement, adjust, and evaluate forecasts effectively.
- Forecast assessment: conduct backtests, analyse error metrics, and examine residual patterns.
- Machine learning forecasting: utilise tree-based models with lags for reliable short-term predictions.
- Operational 6-month planning: convert forecasts into practical inventory and marketing strategies.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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Giulio CarloDigital Marketing Student
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