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Courses » Supply Chain Analytics

Supply Chain Analytics

About the course

In present time of intense global competition, customers are demanding more and more variety, with better quality and service at 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


Intended audience


It is an elective course for PG students and working professionals.


Pre-requisites

Basic knowledge of Operations management will be desirable.



Industries that will recognize this course

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 Instructor



Dr. Rajat Agrawal is a member of faculty (Associate Professor) at Department of Management Studies, Indian Institute of Technology Roorkee, Roorkee. He is associate faculty member at Center of Excellence for Disaster mitigation and Management and Center of Excellence for Transportation Management, IIT Roorkee. He administers various initiatives of IIT Roorkee in the field of IPR, incubation and entrepreneurship in different capacities.

Dr. Rajat is a visiting fellow to Copenhagen Business School, Copenhagen, Denmark. His area of interest is Production and Operations Management including Supply Chain Management, Manufacturing Strategy and World Class Manufacturing. He has guided twelve Ph D thesis in these areas and published papers in journals of Emerald, Sage, Springer, Taylor and Francis, Elsevier, and Inderscience. He has more than 60 research papers in refereed journals and more than 25 research papers in refereed conference proceedings. 

He has developed more than 20 case studies on various aspects of supply chain management, organisational development, natural resource management, social entrepreneurship, and value co-creation. He has developed more than 15 programmes for All India Radio on various subjects of rural development and technical, management education. He has completed 10 research and consultancy projects. He was also involved in some of the international projects funded by Danish Innovation Council and European Union. He has more than 200 hours of corporate training experience with organisations like BHEL, THDC India Ltd., Power Finance Corporation Ltd., Syndicate Bank, Everest Industries, and Rockman Industries etc.  He has delivered lectures under Virtual Lecture Series 

He is reviewer of various national/ international journals. He is a member of Academy of Management, USA; All India Management Association, New Delhi and ISOL, New Delhi.

He has contributed chapters in ten different books published by IGNOU, Delhi, NIOS, Delhi, IGI Global, and Springer. He has co-authored a book titled “Masters Speak: Management Education in India” published by Bloomsbury India Publications.

He received Best Teacher Dainik Bhaskar National Education Leadership Awards- 2013. He received Noel Deere Gold Medal for paper in management stream in 71st and 72nd annual convention of STAI, consecutively. One of his paper was considered one of the best articles of the Year 2014 by Business Standard. He was also awarded ISOL Research Award 2015 at 5th International conference at Chicago USA.



Course Plan

Week 1: Context of today’s supply chains (SC) analytics
Understanding and defining the supply chain analytics (SCA)
Revisions of Basic Lessons of Supply Chain Management
Why is Analytics Important in a supply chain?
Relating Operations Management with Supply chain concepts with SC Analytics
The importance of supply chain analytics in the flows involving material, money, information and ownership

Week 2: Supply chain analytics
Key issues in supply chain analytics
What involves in supply chain analytics
Concept of Descriptive Analytics in a Supply Chain
Discussion on a Few Supply Chains Analytics applications in India (students participation is expected)
Decision Domains in in supply chain analytics

Week 3: Foundation of Business Anlaytics (BA)
E2: Introduction to Modeling, Approaches for Optimization and Simulation, Modeling software, Supply Chain (SC) Decisions that requires mathematical or interpretative modelingUnderstanding of Data and its role in Analytics
Analytics of a Transportation problem in a Supply Chain
Managerial implication of results of analytics

Week 4:  A CASE STUDY OF SUPPLY CHAIN ANALYTICS

Week 5: Foundation of PRESCRIPTIVE ANALYTICS IN NETWORK PLANNING IN A SUPPLY CHAIN
Network Planning in a Supply Chain
Importance of Network Planning
Design of Logistics Network using Heuristics/optimization (Exercise 3.4 Levi (2008))
Concept of 3PL/4PL in a Supply Chain
Case Study: GATI

Week 6:
Foundation of Modeling Coordination Decisions in SUPPLY CHAIN MANAGEMENT

Week 7: Foundation of PERFORMACE MANAGEMENT IN SUPPLY CHAIN MANAGEMENT

Week 8:
IT ENABLEMENT OF SUPPLY CHAINS
Role of ICT in Supply chains



Suggested reading

Supply chain management by  Sunil Chopra, and Peter Meindl, Pearson

Jeremy F. Shapiro. Modeling the Supply Chain. Duxbury Thomson Learning

D. Simchi-Levi, P. Kaminsky, E. Simchi-Levi, and Ravi Shankar, Designing and Managing the Supply Chain concepts, Strategies and Case studies, Third Edition, Tata McGraw Hill, New  Delhi, 2008.

Rahul Saxena • Anand Srinivasan, Business Analytics

Journals
 
Supply Chain Management: An International Journal (Available on www.emaraldinsight.com)
Supply Chain Management Review
Purchasing World
International Journal of Purchasing and Materials Management
International Journal of Physical Distribution & Logistics Management


Certification Exam

The exam is optional for a fee. Exams will be on 23 April 2017.
Time: Shift 1: 9am-12 noon; Shift 2: 2pm-5pm
Any one shift can be chosen to write the exam for a course.
Registration url: Announcements will be made when the registration form is open for registrations.
The online registration form has to be filled and the certification exam fee needs to be paid. More details will be made available when the exam registration form is published.


Certificate

Final score will be calculated as : 25% assignment score + 75% final exam score
25% assignment score is calculated as 25% of average of
8 weeks course: Best 6 out of 8 assignments
E-Certificate will be given to those who register and write the exam and score greater than or equal to 40% final score. Certificate will have your name, photograph and the score in the final exam with the breakup. It will have the logos of NPTEL and IIT Roorkee. It will be e-verifiable at nptel.ac.in/noc.