Supply Chain Modelling And Analytics

Introduction

Supply chain analytics is a discipline that helps an organization to curate data-driven decisions at a strategic level. With a growing demand for supply chain professionals who possess analytical skills, this certification would get you ready for high-demand job titles like Data Scientist, Demand/Supply planner, Operations planner, and the like.

Any professional who wishes to dive into the world of Operations, and supply chain industry can opt for this course that is curated by industry experts to provide cutting-edge knowledge.

Skills You’ll Gain

Participants will get a clear understanding on the following topics:

➤ Supply chain performance and metrics.

➤ The requisites and ways to effectively design a supply chain network.

➤ How to plan and execute the demand-supply co-ordination.

➤ Effectively planning the sales and operations

➤ Ways to mitigate and manage uncertainties in the supply chain network.

➤ Determining optimal level of product availability

Is this course for you?

The under mentioned professionals can enroll for this course:

➤ People who are new to the field of supply chain and wish to gain a deep insight into the foundation of supply chain analytics

➤ Marketing professionals whose job is to satisfy the customer by designing the supply chain to cater to their needs

➤ Procurement/purchase/inventory managers

➤ Operations management professionals

➤ Logistics and supply chain managers both in manufacturing and service sectors.

Course Pre-requisites

None (no bachelor’s degree or international equivalent is required)

Curriculum

PART -1

Supply Chain performance, Drivers and Metrics

What is supply chain, recent trends and role of analytics in Supply Chain

Supply chain Push-Pull, strategies efficiency-responsiveness

Customer and supply chain uncertainty and tools for Supply Chain Management

Framework for structuring drivers

Designing the Supply chain or Distribution network

Distribution network design and parameters to decide suitable distribution

Gravity location models

Network optimisation for locating plants and warehouses simultaneously

Designing global supply chain networks

Planning and co-ordinating demand and supply

Demand forecasting basics

Global supply chain network designing

Time series analysis for forecasting in supply chain

Forecasting errors, tracking signal, sigma

Introduction of Python programming and its uses in forecasting

Aggregate planning in supply chain

PART – 2

Sales and operations planning

Planning supply and demand in a supply chain, cost of over-stocking and under-stocking

Planning demand and supply in a supply chain, role of aggregate planning, aggregate planning using linear programming,

Responding to predictable variability in supply chain

Implementing sales and operations

Lack of co-ordination in supply chain and its implications

Short term discounting

Managing uncertainties in supply chain

Lack to supply chain co-ordination and BULLWHIP

Managing uncertainties in a supply chain

Cycle service level

Impact of supply uncertainties on safety inventory

Determining optimal level of product availability

Impact of aggression on safety inventory

Impact of co-efficient of variation on value of aggression

Impact of product substitution on safety inventory

Optimal CSL for single order product

Evaluating the optimal service level for seasonal items

Determining the optimal level of product availability

How to improve supply chain profitability

Transportation in supply chain – impact of profit and inventories

Future issues in supply chain

➤ Supply Chain Financing      

➤ Financial Statements

➤ The Balance Sheet           

➤ The Income Statement

➤ The Cash Flow Statement  

➤ The Cash Conversion Cycle

➤ Calculate the CCC         

➤ CCC Benchmarking