
Supply chain analytics enables smarter decisions amid market pressures and competitive advantage by leveraging data from IoT, social media, and ERP to reveal insights that reduce costs and boost responsiveness.
Uncover relationships among variables in supply chain analytics with linear, multiple, and logistic regression to predict trends and optimize inventory using historical data.
Learn how KPIs guide supply chains, including inventory turnover, order accuracy, on-time delivery, cycle time, cost per order, perfect order rate, and supplier lead time, to improve performance.
Course Description:
This course provides an introduction to the concepts and techniques of supply chain analytics. Students will learn how to leverage data and analytical methods to improve the efficiency, resilience, and profitability of supply chains. The course will cover a range of topics, including data collection and preparation, descriptive and predictive analytics, supply chain performance measurement, and the application of analytics to key supply chain processes such as demand forecasting, inventory management, and logistics.
Learning Outcomes:
Upon successful completion of this course, you will be able to:
Understand the key concepts and principles of supply chain analytics.
Apply data analysis techniques to solve real-world supply chain challenges.
Interpret and communicate analytical findings effectively to stakeholders.
Develop data-driven solutions to improve supply chain efficiency and performance.
Gain a competitive edge in the evolving field of supply chain management.
Who Should Take This Course:
This course is ideal for:
Students pursuing degrees in All engineering studies including but not limited to Supply Chain Management, Logistics, Operations Management, Business Analytics, and related fields.
Professionals seeking to advance their careers in supply chain management, Business analytics, Supply chain analytics, Data analyst, and logistics.
Individuals interested in developing a strong foundation in data-driven decision-making within the supply chain context.