Institute of Business Forecasting & Planning IBF in Mumbai, India

MUMBAI, India, March 31/PRNewswire/ --

The IBF will hold its landmark Supply Chain Forecasting & Planning
Training & Forum: A Hands-On Workshop in Mumbai on 19 & 20 May 2008. This
2-day workshop will teach key forecasting methods and processes that are
vital to a firm's success. The Mumbai workshop is paired with a Supply Chain
Forecasting Forum where attendees can share forecasting & planning knowledge
with peers in an open atmosphere.

The need to raise customer service levels and minimize costs is
ever-present today. This IBF event offers an understanding of forecasting and
planning to help meet those goals. Attendees will be able to use these how-to
lessons immediately upon returning to their office.

-- Analyzing/treating data
-- Designing a forecasting process
-- Measuring forecasting performance
-- Preparing forecasts using different models/techniques
-- Using forecasts to reduce inventory, avoid stock-outs, and increase
profit margins
-- Improving forecasts with S&OP and CPFR
-- Presenting forecasts

As with all IBF forums, seasoned forecasting practitioners will lead
discussions on topics like these and more. Eager to help attendees expand
their business forecasting and planning skills, this year's forum leaders
come from Hewlett-Packard, CEAT Ltd., Great Lakes Institute of Management,
Infosys Technologies, and the IBF. This forum is an outlet for networking and
gaining practical knowledge that can be put to use right away. This wealth of
knowledge makes the conference a worthwhile investment. To get details and to
register, visit www.ibf.org/0805indiapr.cfm.

The workshop leader, Mark Lawless, has extensive experience in planning,
forecasting, and financial management in a wide range of industries. He has
published numerous articles in the IBF's Journal of Business Forecasting, has
been an editorial advisor to the JBF, and has given a variety of
lectures/discussions (e.g., IBF's Executive Forum). He helped develop IBF's
Certification Program and ran on-site training for Sanford Brands, America
Online (AOL), Bombardier, Wyeth Healthcare Products, among others. His
undergraduate degree is in Economics and his graduate degrees are in
Economics, Finance, and Accounting.

The IBF is recognized worldwide as the premier provider of forecasting
and planning education, training, and certification. This global
organization's membership includes many of the world's largest and renowned
companies; also, it is known for its flagship publication, the Journal of
Business Forecasting (JBF). The IBF has helped organizations improve
forecasting accuracy and overall performance for over 25 years. For more
information, visit www.ibf.org

Jonathan Tafarella
Marketing Coordinator
Institute of Business Forecasting & Planning
Tel +1-516-504-7576 x 105
Fax +1-516-498-2029
Email: jonathan.tafarella@ibf.org
Web: http://www.ibf.org

Web site: http://www.ibf.org
http://www.ibf.org/0805indiapr.cfm

Source: Institute of Business Forecasting & Planning

Jonathan Tafarella, Marketing Coordinator of the Institute of Business Forecasting & Planning, +1-516-504-7576 x105, Fax: +1-516-498-2029, jonathan.tafarella@ibf.org

2008-03-30 18:01:33 0322599 PRNEWSWIRE