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NPTEL

Supply Chain Analytics

NPTEL and Indian Institute of Technology Roorkee via YouTube

Overview

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

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Reviews

4.7 rating, based on 11 Class Central reviews

Start your review of Supply Chain Analytics

  • 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
  • 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.
  • Profile image for Abhishek Kushwaha
    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
  • Profile image for Raushan Singh
    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 .
  • 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
  • Profile image for Khansa Saleem
    Khansa Saleem
    Very informative lots of Knowledge and best-driven course. I like the course content with enhance my knowledge.
  • Profile image for Bijin James Mathew
    Bijin James Mathew
    It was good course, covered many portions and easy to understand.It gave me knowledge about wide aspects in supply chain
  • Profile image for Akshat Shrivastva
    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.
  • Profile image for Tariqul Islam
    Tariqul Islam
    It was great learning, contains very good information, you can boost up your skills and idea by this course.

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