Forecasting Technique Course
Master hands-on forecasting skills for monthly sales data. Delve into time series analysis, ARIMA and ETS models, feature engineering, model comparison, and evaluation techniques to generate precise six-month forecasts that inform better marketing strategies, inventory control, and revenue growth decisions in a business context.
4 to 360 hours flexible workload
valid certificate in your country
What will I learn?
Gain expertise in practical forecasting methods to develop dependable six-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 budgets.
Elevify advantages
Develop skills
- Time series feature engineering: quickly create promotion, calendar, and lag features.
- ARIMA, ETS, and SARIMA modelling: implement, adjust, and evaluate forecasts effectively.
- Forecast assessment: conduct backtests, analyse error metrics, and check residual diagnostics.
- Machine learning forecasting: use tree-based models with lags for reliable short-term predictions.
- Six-month operational planning: convert forecasts into actionable inventory and marketing plans.
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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