Fundamentals of Pharmaceutical Forecasting Course

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Oct 09, 2023, 05:00 ET

DUBLIN, Oct. 9, 2023 /PRNewswire/ -- The "Fundamentals of Pharmaceutical Forecasting Course" training has been added to ResearchAndMarkets.com's offering.

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
Rationalise 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

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
Once purchased, you will have access to this training course for 3 months.

How will it be covered:

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 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
Total time: 7 hours

Who Should Attend:

We developed the Fundamentals course for anyone who plays a role in the forecasting process, no matter of their ability; brand teams, business intelligence, analysts, forecasters and those completely new to forecasting.

Key Topics Covered:

Introduction - Pre-training evaluation
Introduction to fundamentals of forecasting
Key forecasting principles
Important elements and philosophies of good forecasting
Defining the market
Case study example: Build and populate define section of the model
Trending the market
Case study example: Build and populate trend section of the model
Adding events
Case study example: Build and populate event sections of the model
Converting to volume and sales
Case study example: Build and populate conversion sections of the model
Case study exercise
Post-training evaluation

For more information about this training visit https://www.researchandmarkets.com/r/xpf1kk

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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SOURCE Research and Markets