Basic overview of data analytics in supply chain
What you'll learn
- Understand the benefits of data analytics
- Have an over-view of possibilities, including a few case studies
- Learn basic s of data analytics
- learn how SCM is used in analytics
- Basic knowledge on Supply Chain & data science
Why data analytics is important in Supply Chain?
Data is important to businesses in formulating strategies, streamlining operations, introducing new products and services, and ensuring customer satisfaction. But data alone isn’t much good unless it’s analyzed, understood, and acted upon. Data analysis is benefiting from new technology tools by allowing analysts to dig more deeply into supply chains. At the same time, human judgment remains the most important element in the analysis. Data is defined as facts, figures, or information that are stored in a variety of places such as invoices, contracts, and bills of lading. By collecting data, a business can improve shipment transparency, visibility, operational efficiency, and products and services. All of which attracts more users. Transparency and visibility are crucial, particularly if something goes wrong while shipments are in transit. By utilizing data, a split-second decision doesn’t have to make without adequate support. Transparency and visibility are also important when reviewing invoices and contracts with supply-chain partners. Despite good intentions, hidden costs can occur. They usually come in the form of surcharges such as extra delivery-area fees, additional handling, and fuel.. Consumption rates and inventory levels are among the data points critical to proper inventory planning and development.
Who this course is for:
- Freshers, Juniors and others interested in Supply Chain Analytics
Founder & Chief consultant at Exxpert SCM, Bangalore
* Organizational experience of 25 years
* APICS Certified: CPIM, CSCP, CLTD, DDI Certified - DDPP, ISM Certified - CPM, PMI Certified - PMP
* Analytics qualified, Expert in Supply Chain Analytics
* Trained for Training(Train the Trainer)
# All above 4 qualities makes a perfect Supply Chain Trainer, which is possible with only trainers globally
He has wide experience of three decades in manufacturing sector comprising automotive, and machinery.
He has worked in India and Abroad in MNCs such as BOSCH, WABCO, VISTEON and BIESSE. He has held various senior positions in supply chain such as GM – Supply chain, GM – Material Planning and Logistics.
He has lead and managed large teams of supply chain professionals specializing in areas such as warehouse and distribution management, logistics management and material planning. He has successfully implemented various supply chain processes, optimization projects, ERP implementation projects and cost saving projects etc.
Last 5 years, he is heading the current organization, providing both consulting & training. One of the popular program is "Supply Chain Analytics" which has the global audiences and appreciated by peers.
Our organization provides both live and self paced programs