Supply Chain Analytics

NPTEL and Indian Institute of Technology Roorkee via YouTube

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Overview

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PRE-REQUISITES: Basic knowledge of Operations management will be desirable.

INTENDED AUDIENCE: It is an elective course for PG students and working professionals.

INDUSTRIES APPLICABLE TO: Supply Chain Analytics is a growing field. Some of the companies already in the business of Supply Chain Analytics and may recognize
the online course can be IBM, Mu-Sigma, Genpact, Accenture, Capgemini, Wipro, Deloitte.

COURSE OUTLINE: In the present time of intense global competition, customers are demanding more and more variety, with better quality and service at the lowest cost. This means that in order to be successful, firms need to develop supply chain strategies and logistical capabilities that serve the needs of their customers whilst maximizing overall profitability. All supply chains, in order to function properly, must focus on the huge opportunity that exists in their analytics.

Specific objectives:

On successfully completing this course you will be able to:
• Understand the importance of the basics of Business Analytics and Optimization
• Understand the importance of the basics of Supply Chain Analytics and Optimization
• Analyze the level of uncertainty associated with the supply of products and services to targeted
customer segments and justify the choice of a supply chain strategy and its fit with competitive strategy.
• Explain the role and applications of Descriptive Analytics in a Supply Chain
• Explain the role and applications of Predictive Analytics in a Supply Chain
• Explain the role and applications of Prescriptive Analytics in a Supply Chain
• Learn the basics of Modeling through R Language

Syllabus

Introduction to Supply Chain Management.
Evolution of Supply Chain Management.
Analytics in Supply Chain Management.
Supply Chain Planning.
Different views of Supply Chain.
Supply Chain Strategy.
Supply Chain Drivers.
Developing Supply Chain Strategy.
Strategic Fit in Supply Chain.
Demand Forecasting in Supply Chain.
Lecture 11.
Lecture 12.
Measures of Forecasting Errors.
Tracking Signal and Seasonality Models.
Forecasting using multiple characteristics in Demand Data and Inventory Management in Supply Chain.
Inventory Management in Supply Chain.
Multi echelon Inventory Management.
Multi echelon Inventory Management (Continued).
Multi echelon Inventory Management for four stations.
Multi echelon Inventory Management for four stations (Numerical Example).
Multi echelon Inventory Management for four stations (Numerical Example continued).
Network Design in Supply Chain.
Network Design of Global Supply Chain.
Alternative channels of Distribution.
Location Decisions in Supply Chain.
Network Optimization Models.
Using Excel Solver for Network Optimization.
Uncertainty in Network Design.
Network Design in Uncertain Environment and Flexibility.
Flexibility in Supply Chain.
Optimal Level of Product Availability in Supply chain.
Time Value of money in Supply Chain.
Different types of Analytics in Supply Chain.
Predictive Modelling in Forecasting in Supply Chain.
Representation on Uncertainty in Supply Chain.
Example of using Decision Tree incorporating Uncertainty in Single Factor.
Using Decision Tree for handling Uncertainty.
Example of using Decision Tree incorporating Uncertainty in two Key Factors.
Modelling Flexibility in Supply Chain.
Trends, Challenges and Future of Supply Chain.

Taught by

Supply Chain Analytics

Reviews

4.9 rating, based on 21 Class Central reviews

Start your review of Supply Chain Analytics

Shazzad Islam @Shazzad

Excellent. A lot of things are discussed with relevant examples. I will recommend those who are beginner in this knowledge arena please go through the lecture materials.
Adepitan Elizabeth Adebimpe

I very good course to study and my Lecturer is very good and teach well to my understanding, I enjoyed every bit of the class from week 1-40 supply chain is a very good course that most people don't know about, I was a bit confused when I started the class with the Introduction of supply chain management but along the line I found out the course is a very good one and well explanatory
Derin Philip

This is a very better class for me. I have learned about the various aspects of supply chain analytics. I like the teaching experience,the faculties are very professional and their teaching style is so beautiful.
Dhwani Chichani

It is a nice course for operations student who are pursuing MBA / PGDM in field of operations & supply chain management
Vikalp Kumar

It's one of the most affordable certificate examination you can write especially considering that it is an online course. Scoring marks is easy if you watch all the videos and submit the assignments on time. The questions in the final exam are largely from the assignments.
Olayinka Sulaiman Idowu

This course has helped me to understanding not only the rudiment of supply chain management, but its analytics. It has made me realize that data can be utilized in achieving precision in planning supply. Inventory management taught in this course has also helped in developing appropriate management of inventory and the roles minimizing the cost of inventory in decreasing service level that can affect customer satisfaction.
Jagdish Vendait

Excellent Sir,

This course covers topics such as data analysis, supply chain systems, supply chain and logistics, strategy and operations, leadership and management, inventory management, operations management, business analysis, planning, operational analysis etc.. overall good learning experience.
Sanusi Lola

I am happy to be part of this wonderful program and it is going to help me in future projects and also help with my aspiring Masters program which is Operations and Supply Chain Analytics. OSCA. Thank you for this amazing opportunity 🤩
DIVYARAJ SINGH RATHORE

It helped me to learn about the different aspect of supply chain management and analytics. The whole module was very interesting and interactive too and easily to learn and adapt the different topics of supply chain analytics
Shahrukh Khan

I have understood the important of supply chain in this course
And learn many things about supply chain management
Teaching quality is good
Keep it up great job
Praan Sharma

It was a very good experience and got to know many more things.... It made me aware of many new things that were very important and was very easy to learn...
Aditya Kumthekar

Was a really great experience, and gained a lot information as well as knowledge and importance of supply chain management
Manthan Gorte

"Comprehensive course providing deep insights into the intricate workings of the supply chain. Highly recommended!"
Abhishek Kushwaha

Good course but no certificate try to give more innovative ideas and it's a old course ofcourse they need to update the data in real-time situation circumstances and more of a bookish knowledge given instead case studies were taken into account it would have been better
Raushan Singh

very helpful for working professionals, to enhance the analytical abalities . all the fourty chapter was described very clerly by the lectrure, and over all all the total package of the supply chain in the 40 diffrent chapters .
MUSTEFA GEDA BAMUDA

Very interesting and amazing course I really enjoyed it. It will give an amazing opportunity for my future career in Ethiopia. Thank you for your support and arranging such kinds of fantastic online courses.
Enes Öztepe

Nice and helpfull! For beginner is it the best start to lesrn about supply chain

The lesrning is easy to understand
Bijin James Mathew

It was good course, covered many portions and easy to understand.It gave me knowledge about wide aspects in supply chain
Khansa Saleem

Very informative lots of Knowledge and best-driven course. I like the course content with enhance my knowledge.
Akshat Shrivastva

The way this course was taught by Rajat Sir was amazing. The way he presented and taught was so amazing that even a layman who is very new to the terms of Supply Chain Management would be become a pro.