Benefits
For Employees

Accelerate your career growth, leadership opportunities, marketability, and job security

Validate your professional experience, knowledge, and skill-sets in the field

Build confidence knowing that you’re prepared for today’s rapidly changing marketplace

Complement your supply chain education & certifications with IBF

Become more recognized at your company, as well as in the field

Salary Report

For Employers

Save time and resources as IBF certified individuals are pre-qualified, allowing you to quickly identify the right person for an S&OP or forecasting/demand planning job

Gain assurance that an IBF Certified individual has the background to help improve forecasting performance and hit the ground running

Increase the value of your forecasting and demand planning staff, department, and company

Save time and resources in training — CPF or ACPF professionals already have a verified body of knowledge

And much more!

Testimonial
Testimonials
Levels of Certification
1
Certified Professional Forecaster–Candidate (CPF-C)

A starting point for students as they enter the job market. Exam 1, 2 & 3

2
Certified Professional Forecaster (CPF)

Earned by passing exam 1, 2 & 3

3
Advanced Certified Professional Forecaster (ACPF)

After receiving CPF, earned by passing exam 4 & 5

Additional Information
Test Your Knowledge

Click the links below to take the sample exam(s):

Eligibility Criteria

There are three ways an individual can be eligible for the Certification program.

1) The potential candidate must have at least a Bachelor's degree and one year of professional experience in Business Forecasting and Planning.

2) If the individual does not have a Bachelor's degree, two years of professional experience in Business Forecasting and Planning can fulfill the eligibility requirement.

3) For students or those new to practicing forecasting & planning, you can earn a CPF-C by passing the exams. Then, once you complete 1 year of professional experience, we can upgrade you to full CPF status.

Your of proof of eligibility could be in the form of a letter from your employer stating that you have worked in the business forecasting field as X (position) for Y amount of years in Z (company).

Certification Details
Certified Professional Forecaster (CPF): The Exams
  • There are 3 exams containing 100 to 150 multiple choice questions each
  • 2 hours are given to complete each exam
  • CPF is earned when 70% or higher is scored for each exam individually*
Exam 1

What you Need to Know about Demand Planning, Forecasting, and S&OP

  • Role of Forecasting & Planning in Decision Making
  • Demand Planning (Demand Sensing Shaping, & Creating)
  • Forecasting & Planning Process
  • Consumption (POS Data) Based Forecasting & Planning
  • Consensus Forecasting & Planning
  • Sales & Operations Planning (S&OP) Process
  • Collaborative, Planning, Forecasting, & Replenishment (CPFR)
Exam 2

Data Management and time Series Forecasting Modeling

  • Data Analysis & Treatment
  • Fundamentals of Models & Modeling
  • Types of Models
  • Time Series Models
  • Model Selection
  • Metrics: Measuring Forecast Error and Performance
Exam 3

Reporting, Presenting, New Product Forecasting and Planning

  • Forecast Reporting, Presentation and Communication
  • Winning Support and-Confidence of Management
  • Getting Buy-in from Stakeholders
  • New Product Forecasting
Advanced Certified Professional Forecaster (ACPF): The Exams
  • You must first earn the CPF designation
  • There are 2 exams containing 70 multiple choice questions each
  • 2 Hours are given to complete each exam
  • ACPF is earned when 70% or higher is scored for each exam individually*
Exam 4

Forecast Modeling (Advanced)

  • Regression/Cause & Effect Models
  • Steps to Build a Regression Model
  • Diagnostic Tools for Assessing Regression Models
  • Development and Application of Dummy Variables in Multiple Regression
  • Improving a Multiple Regression Model
  • ARIMA/Box-Jenkins Modeling
  • Assumptions of ARIMA Modeling
  • ARIMA Models vs. Regression Models
  • Types of ARIMA Models
  • Steps to Build an ARIMA Model
  • Improving ARIMA Models
Exam 5

Technology and Worst Practices in Forecasting & Planning

  • Forecasting & Planning Technology
  • Forecasting Package vs. Forecasting System
  • Selecting a Forecasting Package
  • Technology Capabilities
  • Scalability
  • Forecasting System Implementation
  • Worst Practices in Forecasting & Demand Planning
Certification Fee

Study material for this course is available for purchase. Please click here to purchase our "Fundamentals of Demand Planning & Forecasting" text book. The textbook includes an outline of what is covered for each exam. (Most professionals register for Exams 1, 2, & 3 for CPF or Exams 4 & 5 for ACPF all at once).

IBF Members:
$375 per exam
Non-Members:
$425 per exam
Exam Schedule

There are online exams on the 2nd and 4th Friday of each month except on US Holidays.

Jul 27, 2018
Online Exam
Aug 10, 2018
Online Exam
Aug 24, 2018
Online Exam
Sep 28, 2018
Online Exam
Oct 12, 2018
Online Exam
Oct 26, 2018
Online Exam
Preparation Materials
preparation-image
Fundamentals of Demand Planning & Forecasting
Price: $124.95 + shipping

This book will cover most of the material for the exams.

However, there is no single book available that covers everything about business forecasting & planning. It is assumed the candidate has prior knowledge and experience in the area.

Recertification
How to Keep Your Certification Current

IBF certification is valid for a period of 4 years.

After a 4 year term it becomes necessary to re-certify in order to ensure that the professional maintains adequate experience and training in the area of Forecasting and Planning.

This means keeping abreast of new technologies and developments in methods, processes, approaches, systems, and more.

For Recertification, professionals are required to accumulate 40 continuing education points to maintain a CPF designation and 50 points for ACPF.

Re-certification points are earned by attending demand planning, forecasting, S&OP, analytics, and supply chain related conferences, workshops, training, and courses, or any other related activities within the four year time frame.. Once it has been documented that the required points have been earned, the IBF will

Re-taking all relevant certification exams is also an acceptable way to re-certify.

Recertification Fee: (After every four years of possessing the CPF or ACPF)

IBF Member: $50, Non-Member: $75

* Capped at a maximum of 20 and 25 points for CPF and ACPF respectively.

Register for Recertification
Recertification Point System
Attend an IBF Conference/Tutorial/Workshop/Bootcamp
10 pts per event
Attend IBF’s In-House Training
5 pts
IBF Membership per year
5 pts
Attend another Forecasting & Planning related conference 1.5 days + (Supply Chain, Analytics, S&OP, Demand Planning, etc.)
5 pts per event*
Serve on an IBF Board or Committee
5 pts per year of service
Publish original research on Forecasting & Planning
10 pts per publication*
Publish an article or blog on Forecasting
5 pts per article published*
Speak/Teach at a related conference/ workshop or Webinar
5 pts per presentation*
Be an IBF Ambassador or Volunteer
5 pts per engagement*
Successful completion of an academic course in Forecasting & Planning or related
3 pts per credit hour*
IBF Chapter Meeting
3 pts*
IBF Webinar
2 pts*
IBF Online Training
3 pts per session
Earning other certifications with related content (5pts for exam preparation only; additional 2 points awarded upon earning certification)
7 pts