DEMAND FORECASTING

Improve your forecast accuracy so you produce purchase orders that support instock and merchandise flow. Keep your products on the Walmart shelf.

 
 

Dates & Locations
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First, understand what GRS is and why it is critically important to your business. Next, learn the most important and frequently-used Retail Link® reports and tools and the functions of replenishment.

Who should take this class:
Replenishment analysts and managers, demand planners, allocation managers and forecasting managers.
NOTE: 8th & Walton classes are exclusively for Walmart suppliers; only a supplier who works directly with Walmart may register.

All 8th & Walton classes for Walmart suppliers selling in Canada are taught by Heather Reid of Mississauga, Ontario. For 22 years, Reid worked at Walmart Canada, organizing and facilitating its Retail Link® course of study and other training programs. She has taught over 2,000 suppliers. 

You Will Learn

    Introduction to Replenishment
  • Basic item information
  • Why you are out of stock
  • What influences product demand
  • Challenges to demand forecasting
  • Replenishment Pyramid/span>
    • Focus on GRS Forecast
    • Overview
    • The process in detail
    • When to cleanse history
    • How to establish an initial mean
      • Best practices for —
      • GRS forecasting
      • New item locations
      • Promotions
      • Collaborating with replenishment managers
        • How to create and analyze these 5 reports:
        • Item 104 Week Sales Report
        • Corporate Item Forecast
        • Demand Forecast by Store
        • Corporate POS Report Query
        • Last 13Wk POS Next 13Wk Forecast

THIS CLASS RUNS FROM 9:00 A.M. TO 4:30 P.M. EASTERN TIME.
IT IS A LIVE ZOOM MEETING WITH A MAXIMUM OF 10 PARTICIPANTS/INSTRUCTOR.

PRICE: $650 USD

SAVE 10% WHEN YOU PURCHASE 3 CLASSES AT ONE TIME.

Requirements

  • Each student must register; one participant per registration.
  • Each student must use his/her camera throughout class.
  • Register using your supplier email address.
  • Have authorized access to Retail Link®.
  • Have your Retail Link® ID and password.
  • Have Excel ready to use.


  • NOTE FOR NEW WALMART SUPPLIERS: In order to produce valid reports, your company should be shipping to Walmart prior to taking this class. Since our classes do not use dummy data, if you are not shipping to Walmart, you will have no data with which to produce reports.

      Meet Your Teacher


      Heather Reid worked for Walmart Canada for 22 years prior to joining Canada’s 8th & Walton in 2016. While at Walmart, she organized and facilitated its Retail Link® and various system-training programs for both internal and external Walmart customers. She also facilitated a four-day supplier training session on a bi-weekly basis, teaching over 2,000 suppliers. She has a vast knowledge of Replenishment (GRS) and is an expert in Retail Link® and in Accounting for both Walmart Canada and Walmart US. In addition to her deep knowledge of retail systems, Heather is an extraordinary teacher. She holds a diploma in Human Resources, Marketing, and Accounting and has held the Canadian Human Resource Leader (CHRL) designation.

      Enroll Today!

      $650 USD