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Supply Chain Analytics

By Prof. Rajat Agrawal   |   IIT Roorkee
Learners enrolled: 704
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.

PREREQUISITES : Basic knowledge of Operations management will be desirable.

INDUSTRY SUPPORT : 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
Summary
Course Status : Upcoming
Course Type : Elective
Duration : 8 weeks
Start Date : 24 Jan 2022
End Date : 18 Mar 2022
Exam Date : 27 Mar 2022 IST
Category :
  • Management Studies
  • Operations
Credit Points : 2
Level : Undergraduate/Postgraduate



Course layout

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

Books and references

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


Instructor bio

Prof. Rajat Agrawal

IIT Roorkee
Prof . Rajat Agrawal is a member of faculty (Associate Professor) at Department of Management Studies, Indian Institute of Technology Roorkee, Roorkee. He is also 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. He initiated incubation centre at IIT Roorkee. He is cocordinator of Design innovation centre at IIT Roorkee. He is also IPR Chair Coordinator at IIT Roorkee. 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 thirteen Ph D thesis in these areas and published papers in journals of Emerald, Sage, Springer, Taylor and Francis, Elsevier, and Inderscience. Currently, ten students are working under him for Ph D thesis. He has more than 90 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.

Course certificate

The course is free to enroll and learn from. But if you want a certificate, you have to register and write the proctored exam conducted by us in person at any of the designated exam centres.
The exam is optional for a fee of Rs 1000/- (Rupees one thousand only).
Date and Time of Exams: 27 March 2022 Morning session 9am to 12 noon; Afternoon Session 2pm to 5pm.
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. If there are any changes, it will be mentioned then.
Please check the form for more details on the cities where the exams will be held, the conditions you agree to when you fill the form etc.

CRITERIA TO GET A CERTIFICATE

Average assignment score = 25% of average of best 6 assignments out of the total 8 assignments given in the course.
Exam score = 75% of the proctored certification exam score out of 100

Final score = Average assignment score + Exam score

YOU WILL BE ELIGIBLE FOR A CERTIFICATE ONLY IF AVERAGE ASSIGNMENT SCORE >=10/25 AND EXAM SCORE >= 30/75. If one of the 2 criteria is not met, you will not get the certificate even if the Final score >= 40/100.

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.

Only the e-certificate will be made available. Hard copies will not be dispatched.

Once again, thanks for your interest in our online courses and certification. Happy learning.

- NPTEL team


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