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Supply Chain Analytics

Approx. 9 hours to complete

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Description

Welcome to Supply Chain Analytics - the art and science of applying data analytics to assess and improve supply chain performance!

A supply chain is a complex system with conflicting objectives of cost efficiency and customer satisfaction. Supply chain management is becoming increasingly data driven. Through the real-life story and data of a major US telecommunication company, you will learn the analytics tools / skills to diagnose and optimize a supply chain. Upon completion of this course, you will be able to 1. Use data analytics to assess the impact of various strategies on all aspects of a supply chain, from inventory, shipping, to warehouse order fulfillment, store operations and customer satisfaction. 2. Customize the supply chain strategy by product to improve the overall cost efficiency without sacrificing customer service. 3. Obtain hands-on experience on the application and financial impact of analytics in integrated supply chain and logistics planning. VASTA (name disguised) is a major wireless carrier in the US selling cell phones through a national network of retail stores. Recently, it wrote off a huge amount of obsolete inventory each year and was suffering a significant cost inefficiency in an increasingly stagnant market. VASTA must assess the competitive environment, and renovate its supply chain to stay competitive. At the end of this course, you will help VASTA save $billions on supply chain cost and retain its leadership in a stagnant and saturated market. I hope you enjoy the course!

Knowledge

Use data analytics to assess the impact of various strategies on all aspects of a supply chain.
One size does not fit all - customize supply chain strategies by product.
Conduct a competitive analysis and benchmarking to assess competitive environment and identify business opportunities.
Obtain hands-on experience on the application and financial impact of analytics in integrated supply chain and logistics planning.

Outline

Welcome!
The Story of VASTA
Course Overview
Weekly Preview
Competitive Analysis and Benchmarking
Is This Course Right For Me?
A Mini-Case of Supply Chain Benchmarking
Week 1 Quiz

General Principles and Intuition
Drivers and Trade-offs in Supply Chain Planning
Intuition of Pull vs Push Strategies
The Shipping vs. Inventory Trade-off in Supply Chain Planning
General Principles of Supply Chain Planning
Intuition of Pull vs Push Strategies

Data Collection, Cost Estimation and Supply Chain Analytics
Inventory & Shipping Cost Estimates
Warehouse Pick / Pack Cost Estimate, Sales and Inventory Data
Supply Chain Analytics I: Hot-Smart & Hot-Feature
Supply Chain Analytics II: Cold-Smart, Cold-Feature & Net Impact
Cost Estimation Formulas and Data Excel File
Analytics Calculation Formulas and Excel File
Week 3 Quiz

Customer Experience, Implementation and Project
Store Operations, Customer Experience & Shipping
Implementation and Epilogue
Project Description
Project Description and Data

Summary of User Reviews

Learn supply chain analytics through this Coursera course. Students have praised the course for its comprehensive content and practical approach. Overall, the course has received positive feedback from students.

Key Aspect Users Liked About This Course

The course content is comprehensive and practical, giving students a strong foundation in supply chain analytics.

Pros from User Reviews

The course covers a wide range of topics related to supply chain analytics.
The instructors are knowledgeable and provide practical insights.
The course is well-structured and easy to follow.
The assignments and quizzes help reinforce the concepts learned in the course.
Students can earn a certificate upon completion of the course.

Cons from User Reviews

Some students found the course to be too basic and lacking in depth.
The course may not be suitable for those with advanced knowledge of supply chain analytics.
The course requires a significant time commitment, especially for those who are new to the subject.
Some students found the course to be too theoretical and lacking in practical applications.
The course may not be as interactive as some students would like.

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