Recent studies by McKinsey have shown that 70% of companies struggle with demand planning and inventory forecasting due to rapidly changing consumer preferences, market shocks and global disruptions. Even more concerning, studies reveal that up to 80% of companies still rely on outdated or inaccurate forecasting models, making it nearly impossible to generate the consistent, reliable baseline forecasts that modern inventory systems require.
This certified program is designed to provide you with comprehensive knowledge and essential skills for mastering inventory optimization and demand forecasting excellence. Throughout the program, you will explore a broad range of core supply chain topics such as statistical forecasting methodologies, advanced inventory planning techniques, and sophisticated demand sensing technologies. This program will ensure that you gain practical tools to effectively design and implement world-class inventory strategies across any industry or organizational context. You will emerge with the ability to develop robust forecasting models, optimize safety stock levels, and directly influence supply chain performance and customer satisfaction. This program will also help you to develop a strong foundation across these critical disciplines, ensuring proficiency in analyzing complex demand patterns and crafting inventory solutions tailored to dynamic market environments.
Additionally, the program delves into specialized inventory management techniques such as multi-echelon optimization strategies, collaborative planning and forecasting methodologies, and understanding the intricacies of demand variability and supply uncertainty. You will also develop skills in advanced analytics and machine learning applications for demand prediction, alongside learning how to navigate supply chain disruptions and market volatility effectively. By the end of the program, you will be equipped to assume senior-level supply chain responsibilities, driving inventory performance and fostering organizational resilience with confidence and precision.
Upon successful completion of the program and passing the Chartered exam, you will earn the Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) designation. This designation will enhance your professional credentials and validate your expertise in implementing data-driven forecasting and inventory optimization strategies. Additionally, it will open up new career advancement opportunities and enhance your overall credibility and reputation within the supply chain and operations management industry.
1 Chartered Institute of Professional Certifications' reviews and ratings are a comprehensive collection of participants feedback we have gathered over the last decade. To view authentic and personal testimonials that are handwritten by our participants, please download our participants' written reviews here.
This program will entitle you:
Download Brochure Pricing & Registration- Experience 3 days of instructor-led live program and gain in-depth expertise in demand forecasting, inventory optimization, data-driven supply chain planning strategies.
- By the end of the program, you will earn the Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) designation, validating your ability to implement accurate forecasting models and optimize inventory strategies across dynamic supply environments.
- Learn from real-world case studies and best practices in forecasting accuracy, uncertainty management, and inventory control to drive operational efficiency and minimize risk.
- For inquiries, chat with our Program Advisors at advisor@charteredcertifications.com or call us at
- Singapore & Asia Pacific: +65 6716 9980
- Australia/New Zealand: +61 3 9909 7310
- Europe/UK: +44 (020) 335 57898
- USA: +1 888 745 8875
Accreditations
This Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) program is a mark of distinction that signifies a fully qualified expert in supply chain planning, forecasting accuracy, and inventory optimization - demonstrating advanced skills in demand forecasting, inventory optimization and predictive analytics management. It is accredited by the Chartered Institute of Professional Certifications, which maintains the governing standards for all members. The CID™ charter is a trademarked charter available only to professionals who have completed and passed this program. The certification is governed and maintained by Chartered Institute of Professional Certifications with over 90,000 members around the world. It is also endorsed by prominent associations and organizations worldwide.
The content of this program has been independently certified and accredited by CPD as conforming to Continuing Professional Principles.
What Can You Expect From This Live Program
Inaccurate demand forecasts contribute to over $500 billion in global inventory waste annually, with nearly 30% of supply chain professionals citing poor planning as a top barrier to efficiency. As product life cycles shorten and customer expectations rise, organizations must shift from reactive inventory practices to predictive, analytics-driven planning. With demand volatility, geopolitical disruptions, and fragmented data systems becoming the new norm, optimizing forecasting accuracy and inventory responsiveness has never been more critical.
This certified program will equip you with the critical expertise and advanced skill sets required for world-class inventory optimization and demand forecasting. Throughout this program, you will explore cutting-edge practices from demand planning, inventory classification, and replenishment strategies to the use of AI and machine learning in forecast modeling. You will learn how to integrate demand signals with supply responses, build agile inventory systems, and design robust forecasting models that respond to uncertainty with precision. The program also emphasizes practical tools, enabling you to reduce stockouts, minimize excess, and strike the optimal balance between working capital and service levels.
In addition, the program delves into specialized techniques such as dynamic safety stock modeling, multi-echelon inventory optimization, collaborative demand planning, and advanced S&OP frameworks. You will gain insights into real-world challenges, including managing lead time variability, mitigating the bullwhip effect, and synchronizing demand with supply constraints. Ethical and sustainable inventory strategies will also be explored to support ESG objectives and corporate governance standards. By the end of the program, you will be equipped with the expertise to lead inventory and forecasting transformations, drive cross-functional alignment, and deliver measurable value across your supply chain.
Upon successful completion of the program and passing the Chartered exam, you will attain the Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) designation, an internationally recognized credential that will validate your ability to apply sophisticated forecasting models and optimize inventory policies, positioning you as a data-driven leader in global supply chain management.
Key Skills You Will Gain
- Forecast Modeling
- Data Cleaning
- Excel Analytics
- Time Series Analysis
- Moving Averages
- Smoothing Techniques
- Forecast Accuracy
- MAPE Calculation
- MAD & RMSE Usage
- Regression Analysis
- R² Interpretation
- ANOVA Testing
- Causal Forecasting
- ARIMA Modeling
- Holt-Winters Method
- Scenario Forecasting
- ERP Integration
- EOQ Calculation
- ROP Modeling
- Safety Stock Planning
- Service Level Setting
- Inventory Simulation
- ABC/XYZ Classification
- Shortage Cost Modeling
- Fixed-Order Systems
- Customer Segmentation
- Market Basket Analysis
- Monte Carlo Simulation
- Decision Trees
- KPI Alignment
Your Faculty Director
Dr. Mark Rodgers is an award-winning Assistant Professor for the Supply Chain Management Department of the Rutgers Business School and over 15 years of experience in leadership and advisory roles. With a focus on power grid expansion planning, simulation-based optimization, and quantitative methods to assess supply chain disruptions and risk, Dr. Rodgers' research has been widely recognized and presented at numerous academic conferences. His passion in supply chain and teaching has led him to be awarded several research and teaching awards that include Junior Faculty Teaching Award in addition to being awarded the NJ Small Business Development Center Grant and NJDEP Recycling Enhancement Grant.
Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) Program Agenda
Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) Chartered Exam
At the end of the program, there will be a Chartered exam comprised of 50 multiple choice questions. Upon passing the exam, you will be accredited with Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) designation.
- 98% of students who have taken this exam have passed the exam successfully. Almost all professionals who have taken our courses have passed this test and attain their Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) designation
- The exam has 50 multiple choice questions and you need to answer 25 out of 50 questions correctly to pass the exam
- You can re-take the exam online as many times as you want, with no additional charges for retaking of exams
- The program cost already includes the exam fees, so there are no additional charges for taking the exam
If you have challenges passing the exam, you can secure assistance from our team and faculty leader to help you pass the exam.
Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) Chartered Designation
Upon completion of the program and successfully passing the Chartered exam, you will be awarded the prestigious Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) designation, which can be showcased in your resume, CV, and other professional credentials. Developed by the Chartered Institute of Professional Certifications, a leading authority in professional certifications, this industry-recognized, trademarked charter validates your expertise in modern supply chain planning, demand forecasting, and inventory optimization. It demonstrates your ability to design predictive models, implement strategic controls, and integrate ERP-driven planning - showcasing your proficiency in aligning operations with business goals and driving resilient, data-informed supply chain performance.
The program's content has been independently accredited and certified by the Continuing Professional Development (CPD) organization, guaranteeing adherence to rigorous standards of professional development.
Pricing & Registration
Australia & Asia Pacific
Dates: 10 - 12 Jun 2026
Venue: Online Executive Program (via Zoom)
Time: 11:00am - 6:30pm Australian Eastern Standard Time (AEST)
9:00am - 4:30pm Singapore Time (SGT)
| Early Bird Packages | Regular Pricing | ||
|---|---|---|---|
| By 06 Apr 2026 | By 18 May 2026 | After 18 May 2026 | |
| Australia Delegates | AUD 2,595 | AUD 2,795 | AUD 2,895 |
| Singapore and Other Countries Delegates | SGD 2,595 | SGD 2,795 | SGD 2,895 |
Group Discount: 2nd participant get 10%, or register 3 participants and 4th participant get a complimentary seat (1 discount scheme applies) Note: GST is applicable to participants from Singapore registered companies
Register NowDownload Brochure
You can download our program brochure below. If you have any inquiries on this program, please contact our Program Advisor at advisor@charteredcertifications.com or call us at:
- Singapore and Asia Pacific: +65 6716 9980
- Australia and New Zealand: +61 3 9909 7310
- UK and Europe: +44 (0) 20 7129 1222
- USA: +1 888 745 8875
On Demand Learning
If you are unable to make it to this program due to the dates, you can also enroll into our program through our on-demand learning. Click on the link below to go to our on demand learning to discover how you can enroll into the program and earn your Charter or certificate through our on demand learning platform
Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™) Reviews and Testimonials
Chartered Institute of Professional Certifications' reviews and ratings are a comprehensive collection of participants feedback we have gathered over the last decade. To view authentic and personal testimonials that are handwritten by our participants, please download our participants' written reviews here.
Convincing Your Boss To Attend This Program
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Certified Supply Chain Inventory Optimization and Demand Forecasting Professional (CID™)
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