Advanced Diploma in Modelling and Analytics for Supply Chain Management
Online
DURATION
20 up to 30 Hours
LANGUAGES
English
PACE
Full time, Part time
APPLICATION DEADLINE
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EARLIEST START DATE
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TUITION FEES
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STUDY FORMAT
Distance Learning
* free course
Introduction
In this free diploma in modelling and analytics, learn how Analytics can be applied to various domains of the supply chain. 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, the identification of the key factors to be considered when designing a distribution network, and the use of analytical techniques for developing a framework.
This Free Online Course Includes:
- 20-30 Hours of Learning
- CPD Accreditation
- Final Assessment
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Curriculum
This free online course introduces you to the modelling and analytics in Supply Chain Management. Firstly, the course provides insights into transportation as well as warehousing modelling and analytics. This is arranged systematically and presented clearly so you will easily be able to understand the given concepts. The course emphasizes topics such as strategic performance improvement, inventory analytics and modelling coordination in Supply Chains.
Next, the performance of the entire Supply Chain and the analysis of Data Envelopment, as well as the various concepts involved in Inventory Management are analyzed. The course then goes on to explain the safety stock and reorder level, along with the continuous and periodic review systems. Information distortions, Six Sigma and Queuing in Coordination are discussed. This process comes under the modelling coordination in Supply Chains.
Finally, the course emphasizes risk analytics in a Supply Network along with the design and modelling of the Global Supply Chain. The advantages of tax, transhipment flexibility; and total costs are mentioned, which helps in designing the global supply chain. Upon completion of this course, you will learn how to develop supply chain strategies and logistical capabilities that serve the needs of their customers whilst maximizing overall profitability. The Modelling and Analytics for Supply Chain Management is an advanced and informative course which will interest students and those in management, industrial and systems engineering, mechanical engineering, and related disciplines or those who have an interest in these topics. Sign up for this course and start learning today!
- Module 1: Introduction to Modelling and Analytics in Supply Networks
- Module 2: Supplier Selection Analytics
- Module 3: Transportation Modelling and Analytics
- Module 4: Warehousing Modelling and Analytics
- Module 5: Strategic Performance Improvement
- Module 6: Inventory Analytics
- Module 7: First Course Assessment
- Module 8: Review Systems
- Module 9: Transportation Systems
- Module 10: Multi-Criteria Decision-Making and Forecasting
- Module 11: Modelling Coordination in Supply Chains
- Module 12: Risk Analytics in Supply Network Design
- Module 13: Design and Modelling the Global Supply Chain
- Module 14: Second Course Assessment
- Module 15: Course Assessment
Program Outcome
What You Will Learn In This Free Course
- Explain what the terms supply chain and supply management mean
- Describe what supply chain networks are in Supply Chain Management
- Discuss why analytics is critical to Supply Chain Management
- Explain the process of modelling transportation in Supply Chain Management
- Explain the process of modelling warehouses in Supply Chain Management
- Identify the strategies that enhance the performance of the Supply Chain
- Describe the process for managing inventories in Supply Chain Management
- Explain what information distortion means in the context of Supply Chain Management
- Discuss the role of Six Sigma and Queuing in Coordination
- Identify the risks involved in Supply Chain Management
- Describe the aim of Supply Chain Risk Management
- Explain the various economic liabilities in modelling the Global Supply Chain Management
Knowledge & Skills You Will Learn
- Management
- Six Sigma
- Supply Chain Management
- Data Analysis
- Sales
- Inventory Management
- Analytics
- Decision Making
- STEM