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Certificate in Supply Chain Analytics
Course Overview
This program equips you with essential skills to analyze supply chain data, optimize network and operations, and enhance logistics. Learn to use Python for network optimization, warehouse allocation, and supplier management. Utilize OR-Tools for routing solutions and Power BI for insightful visualizations and supplier scorecards. Transform data into actionable strategies for operational excellence and cost savings.
Key Learning Objectives
- Master the fundamentals of supply chain analytics and related KPIs.
- Apply Python for network optimization, warehouse allocation analysis, and supplier management techniques.
- Utilize OR-Tools to solve routing problems and optimize transportation.
- Create compelling data visualizations and interactive dashboards with Power BI for supply chain insights.
- Analyze warehouse efficiency using concepts like Economic Order Quantity (EOQ) and safety stock.
- Develop supplier scorecards and apply machine learning for supplier risk assessment and procurement optimization.
Topics Covered
Module 1: Foundations of Supply Chain Analytics & Python for Data Handling
This module establishes the core principles of supply chain analytics and introduces Python for fundamental data manipulation. You’ll understand key supply chain concepts, widely used KPIs, and learn Python basics including data types, variables, operators, control flow, and essential data structures like lists and tuples.
- Overview of Supply Chain Analytics and Key KPIs
- The Supply Chain Analytics Process
- Types of Supply Chain Data
- Introduction to Python: Installation and setup
- Basic Python data types, variables, and operators
- Control flow: Conditional statements
- Data structures: Lists and tuples
Module 2: Python for Supply Chain Optimization & Analysis
Building on the previous module, this section delves deeper into Python’s capabilities for supply chain analysis and optimization. You’ll explore advanced data structures (dictionaries, sets), master loops and functions for efficient data processing, and be introduced to NumPy and Pandas for data analysis, including creating and manipulating DataFrames. You’ll also learn to implement basic network optimization and warehouse allocation models in Python.
- Advanced Python data structures: Dictionaries and sets
- Looping constructs and functions in Python
- Introduction to NumPy and Pandas DataFrames
- Building basic Network Optimization Models in Python
- Applying Linear Programming for warehouse allocation using Python
Module 3: Mastering Power BI for Supply Chain Visualization & KPIs
This module introduces Microsoft Power BI for data visualization and business intelligence in the context of supply chain. You’ll get familiar with Power BI Desktop, connect to supply chain data sources, and learn the principles of effective data visualization. You’ll create key supply chain visualizations and build basic dashboards to monitor essential KPIs, including transportation and inventory metrics.
- Introduction to Power BI Desktop and connecting to data
- Principles of Effective Data Visualization in Supply Chain
- Creating visualizations for transportation performance metrics
- Visualizing inventory trends and KPIs
- Building basic dashboards for supply chain KPIs
Module 4: Advanced Power BI for Supply Chain Insights & Reporting
In this module, you’ll leverage Power BI for more advanced supply chain analysis and reporting. You’ll learn to create geospatial visualizations for network optimization and supply chain routes. You’ll also master building supplier scorecards and dashboards for supplier profiling and performance monitoring, as well as creating end-to-end visibility dashboards with point-in-time KPIs.
- Creating geospatial visualizations for supply chain routes
- Building Power BI dashboards for supplier profiling and scorecards
- Developing dashboards for end-to-end supply chain visibility
- Implementing “point-in-time” visibility in Power BI
- Importing and visualizing network optimization results in Power BI
Module 5: Introduction to Supply Chain Analytics
This module establishes the core principles of supply chain analytics and its strategic importance in today’s data-driven business environment. You’ll gain a comprehensive understanding of the supply chain analytics process, the various types of data used, and how analytics drives effective decision-making in logistics and operations. We will also introduce key supply chain concepts and widely used KPIs that form the basis for subsequent analytical applications.
- Overview of Supply Chain Analytics and its Scope
- The Supply Chain Analytics Process and Data-Driven Decisions
- Types of Supply Chain Data: Transactional, Master, Sensor Data, etc.
- Understanding Key Supply Chain Concepts (e.g., Lead Time, Inventory Management)
- The Role of Analytics in Different Supply Chain Functions (e.g., Procurement, Logistics, Manufacturing)
- Introduction to Widely Used Supply Chain KPIs
- Ethical Considerations and Data Privacy in Supply Chain Analytics
Module 6: Supply Chain Network Design
This module introduces the critical aspects of designing an efficient and resilient supply chain network. You’ll learn about the key elements of Supply Chain Network Design (SCND), including supplier selection, inventory management strategies, transportation planning, and capacity planning. We will also cover the key objectives of SCND, focusing on optimizing the network components such as suppliers, warehouses, and customers, and understanding the flows between these nodes.
- Key Elements of SCND: Supplier Selection, Inventory Management, Transportation Planning, Capacity Planning etc.
- Key objectives of SNDC: Cost optimization, service level improvement, risk mitigation
- Network Components: Suppliers, warehouses, and customers
- Understanding flows between nodes in the supply chain network
- Introduction to decision variables in network design (e.g., which warehouses to use)
- Overview of constraints in network design (e.g., capacity, demand, and costs)
Module 7: Network Optimization
Building upon the principles of network design, this module delves into the application of optimization techniques to improve supply chain efficiency. You’ll learn the fundamentals of building network optimization models and gain practical experience implementing these models in Python. We will also cover how to import optimization results into Power BI for visualization and analysis.
- Building Network Optimization Models in Python
- Understanding objective functions and constraints in optimization
- Using Python libraries for linear programming
- Importing network optimization results into Power BI
- Analyzing optimization outputs for decision-making
Module 8: Route Optimization
This module introduces you to the Shortest Path Problem and the Vehicle Routing Problem (VRP), fundamental challenges in logistics optimization. You’ll gain practical experience solving these problems using OR-Tools, a powerful optimization library. The module also covers techniques for identifying transport bottlenecks and visualizing transport performance metrics.
- Shortest path problem and its applications in logistics
- Vehicle Routing Problem (VRP) and its variations
- Solving routing problems with OR-Tools in Python
- Identifying transport bottlenecks using data analysis
- Visualizing transport performance metrics in Power BI
Module 9: Supplier Scorecard
This module introduces the concept of supplier scorecards as a crucial tool for evaluating and managing supplier performance. You’ll learn how to define relevant parameters for supplier selection and build weighted scorecards. You’ll also gain hands-on experience creating Power BI dashboards for supplier profiling and understanding supplier risk scoring methodologies.
- Weighted scorecard for supplier selection
- Defining parameters for supplier selection
- Building Power BI dashboards for supplier profiling
- Understanding Supplier Risk Scoring methodologies
- Applying Power BI for supplier performance monitoring
Module 10: ML Techniques for Supplier Management
This module explores the application of Machine Learning (ML) techniques in supplier management and procurement. You’ll learn how to build ML models for supplier risk scoring based on performance and compliance data. We will also cover price elasticity modeling to optimize purchasing strategies.
- ML models for supplier risk scoring based on performance and compliance
- Feature engineering for supplier risk prediction
- Price elasticity modeling to optimize purchasing strategies
- Evaluating and deploying ML models for supplier management
Note: This syllabus covers advanced techniques for data analysis, visualization, and statistical methodologies to optimize supply chain processes.
Instructor Profile
Our instructors are seasoned supply chain analytics professionals, bringing deep expertise in leveraging data to optimize logistics, procurement, and overall supply chain performance. You can look forward to dynamic sessions packed with real-world case studies and proven industry best practices.