Learning Outcomes

An Overview to Modelling and Analytics

Introduction to Supply Chain

Uncertainty and Risks in Supply Chain

Decisions and Performance Measures in Supply Chain

Introduction to Analytics in Supply Chain

Analytics Framework Based on SCOR Model

Design Options for Distribution Network

Lesson Summary

This module presents the basics of modelling and analytics in the supply network. You will learn about the flows of the supply chain, measures for analysing the performance of the supply chain and how big data analytics can be leveraged in managing the supply chain.

Linear Programming

Linear Point Method

Rating and Ranking Method

Clustering Method

MCDM Techniques

This module highlights the various analytics involved in the supplier selection process. You will learn about the need for mathematical modelling in selecting suppliers, various methods of selecting suppliers and the process of converting qualitative information into numeric market information.

Transportation Cost Modelling

Min-Max and Max-Min Model

Maximum Flow Model

Shortest Path and Minimal Spanning Tree Model

This module presents the modelling and analytics techniques involved in transportation. You will learn about the various techniques available for transportation modelling, how to minimize the maximum quantity on a high cost transportation route and how to determine the shortest route when there are networks of roads.

Decision Making for Warehouse Location

Break Even and Centre of Gravity Model

Ardalan Heuristic and Transportation Cost Model

Total Cost Model

Warehouse Layout

Warehouse Space Calculation

Storage Space Calculation

This module presents the modelling and analytics techniques involved in determining the locations and space requirements of warehouses. You will learn about the various conventional and modern ways for determining warehouse locations, the procedure for determining the overall size of the warehouse and the process of estimating the space requirement and storage patterns in a warehouse.

Performance of the Entire Supply Chain

Data Envelopment Analysis

This module presents the strategic performance measurements used for improving the efficiency of the warehouse. You will learn about the procedure for measuring the performance of the warehouse, various input and output operations in the warehouse and the role of DEA,CRS and VRS models in improving performance operations of a warehouse.

Concepts in Inventory Management

Simultaneous Production and Consumption Model

Lost Sales

Multiple Items Inventory Models

Constraint on Space and Number of Orders

This module presents the concept of inventory and inventory management in the context of supply chain. You will learn about the different terminologies used in inventory management and how inventory modelling helps in dealing with the constraints on space, planned shortages with backorders and lost sales.

First Course Assessment

Safety Stock and Reorder Level

Continuous Review System

Periodic Review System

This module presents the functions of various review systems in the context of inventory management. You will learn about the tracking procedure of  inventory and how to determine the fixed interval reorder point for reviewing the inventory.

Transport Systems in India and the World

Transport Costing

Public Transport Costing

Fixing Fare for Public Transportation System

Foreign Trade Logistics

This module presents an overview of the transportation systems in the context of Supply Chain Management. You will learn about the procedure for determining transportation costs using mathematical modelling, the use of formula and passenger–kilometre approaches to fix the costs of public transports and how logistics takes place between India and its neighbouring countries.

Analytical Hierarchy Processing (AHP) Method

Technique of Order Preference by Similarity to Ideal Solution (TOPSIS) Method

VIKOR Method

ISM Method

Forecasting Simple and Weighted Average Mean Square Error

Exponential Smoothing Method

Seasonality in Forecasting

Trend Regression

Holt's and Winters' Method

Multi Period Forecasting

This module presents the various multi-criteria decision making and forecasting methods. You will learn about the process of determining the best supplier or best product, based on multiple criteria and the procedure of forecasting when the model estimates demand and constant.

Information Distortions in Supply Chain

Coordination and Collaboration Modelling

Six Sigma Approach to Coordination

Measuring the Degree of Coordination

This module discusses the modelling coordination in Supply Chains. You will learn about the effects of information distortions in the Supply Chain and how Six Sigma and the Queuing Theory helps in developing robust coordination systems.

Risks and Supply Chain Disruptions

Modelling Risk Analytics

This module discusses the risk analytics in Supply Network Design. You will learn how risks disrupt the supply chain, the steps involved in assessing the risks and the need for mathematical modelling to estimate the riskiness of a supply chain.

Taxation

Tax Advantages

Transhipment

Flexibility

Total Cost

Echelons

This module presents the design and modelling of the Global Supply Chain. You will learn the process of designing Global Supply Chain by taking care of tax advantages. Discover how modelling the total cost of the supply chain helps in minimizing the cost  and how to design the entire supply chain right from the supplier base to the end customer.

Second Course Assessment

Advanced Diploma in Modelling and Analytics for Supply Chain Management-Course Assessment

In this free diploma in modelling and analytic, learn how Analytics can be applied to various domains of supply chain.

Advanced Diploma in Modelling and Analytics for Supply Chain Management

This free online diploma in modelling and analytics for supply management focuses on the nature and goal of supply networks and explains the impact of analytics-based supply chain decisions on the success of a firm. The course covers key metrics that track the performance of the Supply Network, identification of the key factors to be considered when designing a distribution network, and use of analytical techniques for developing a framework.

Udemy’s 2021: Half a Billion Revenue, B2B Revenue Soars, B2C Plateaus

EdX’s 2021: Year in Review

Open edX Conference 2024: Program & Speakers

How Online Course Platforms Track Learners in 2022

10,000+ Free Courses from Tech Giants: Learn from Google, Microsoft, Amazon, and More