It’s time to improve your procurement skills with a supply chain analytics certification

The supply chain is a field that comprises a massive amount of data to be handled. In today’s world, leveraging big data in the supply chain is next to impossible without the help of data analytics. Analytical methods use data analytics to collect the data and process it to improve operational efficiency and effectiveness. Taking up a supply chain analytics course plays a vital role in providing decision-making skills to the management at operational, tactical, and strategic levels.

Analytics cover sourcing resources, manufacturing the products, distributing, and ensuring logistics. Therefore, supply chain management careers and posts such as supply and operations planner, data scientist, and demand planner are in high demand. If you have a basic understanding of operations management and are interested in supply chain management, this course is for you.

Why choose us for this Supply Chain Analytics course?

At Imarticus, the Professional Certification in Supply Chain Management and Analytics is a supply chain analytics course exclusively designed by subject experts who have meticulously drafted the curriculum to meet the rising demands of the industry.

The curriculum has been approved by the most prestigious IIT Roorkee, which arms the candidate with the potential to pursue a supply chain management career. We ensure that you get the right mentor to guide you in your education. The course also offers you practical exposure with seminars, workshops, and industrial visits to help you gain experience.

What does the course exactly offer?

This supply chain management course imparts the critical skills needed to attain mastery in the field. Extra credits provided in the course provide flexibility to increase the weightage of the certificate. The course at Imarticus provides the students with supplemental readings, practical problems, and opportunities to create an interactive and collaborative learning environment.

Taking up this supply chain analytics course provides the candidate with immense knowledge of the latest data analytics approaches to support an organization in making data-based decisions. The course is for people who would like to integrate their supply chain management knowledge with the current data analytics system.

What makes this Supply Chain Analytics course such an in-demand course?

A supply chain analytics course throws light on the ways to collect, evaluate, and improve the quality of supplier-to-consumer metrics and KPIs and support strategic organizational objectives and decision-making.

Supply chain analytics also plays a role in conducting the functions mentioned below, which makes it one of the most in-demand courses in the market:

Enhance risk management by detecting current known risks and forecasting future risks
Improve planning accuracy by examining data to identify factors that cause a rise or fall in demand
Refine order management by collecting data sources to predict demand, assess inventory levels, and detect fulfilment issues
Streamline and organize procurement by allocating budgets and analysing expenditures across several departments
Increase working capital by making robust models – this helps determine the inventory levels needed to accomplish service goals with minimum capital investment

Students can build data-driven projects in various domains, including competitive analysis, demand forecasting, distribution, and logistics.

After the supply chain analytics course, the student will receive a certificate validating their expertise in the subjects covered in the curriculum, enhancing their resume and attracting prospective employers’ attention. The supply chain would require data analytics since customer demand increased with each passing day. To meet the diverse demand of the customers and function effectively, it is essential to increase the production and supply chain with a focus on analytics.

What would you be able to achieve from the Supply Chain Analytics course?

Understand and apply business analytics tools to optimize the company’s performance
Gain practical experience to conduct efficient procurement functions
Pick the right supply chain strategy to create a competitive advantage in the market
Become well-versed with descriptive analytics, predictive analysis, and prescriptive analysis

This course has a lot more to offer, including computer languages such as Python and Tora. Our alumni currently work in the supply chain and logistics departments of Amazon, FedEx, SAP, Nestle, Johnson & Johnson, etc.

Learn more about the Professional Certification in Supply Chain Management and Analytics from IIT Roorkee

What is supply chain analytics?

Supply chain analytics is the process of gathering, analyzing, and reporting data from across the supply chain to help improve performance. You can use it to make a good decision about allocating resources, identifying areas for improvement, and optimizing processes.

The scope of supply chain analytics varies depending on the organization but typically includes:

Forecasting and demand planning

Inventory management

Capacity planning

Transportation and logistics

Supplier management

Fundamental practices that will be important in 2022

Supply chain analytics will continue to be one of the most critical aspects of business in the 21st century. Here are some fundamental practices that will be important for companies looking to get ahead:

Data collection and analysis: Data is one of the essential aspects of supply chain analytics because it provides insight into how your business operates.

Demand forecasting: The ability to forecast demand for products and services will help companies optimize inventory levels and avoid overstocking or understocking items that aren’t selling as well as expected. As we get closer to 2022, more demand forecasting tools will be available for businesses looking to improve their efficiency in this area.

Inventory management: Identify the best path forward by looking at what your competitors have done to stay competitive and profitable over time, whether that’s inventory control or pricing strategy.

Capacity planning (warehouse space): Warehouses are becoming increasingly important due to the growth of e-commerce. As the market for online purchases grows, it’s essential to have enough warehouse space to accommodate all of your products.

Transportation and logistics: It is critical for supply chain analytics; by understanding how different modes of transportation impact delivery times and costs, you can identify opportunities to improve efficiency while reducing overall expenses.

Supplier management: It’s essential to have a good understanding of your supplier base. Analyzing their performance will help you understand what needs improvement so that they can continue providing high levels of service (and profits) for years to come.

Customer service: Customer service is a vital part of supply chain analytics. It allows companies to analyze data about their customers, which you can then use for marketing or other initiatives to improve delivery times and costs.

Discover Supply Chain Management Course with Imarticus Learning

Hands-on training with top professionals in logistics and supply chain management is available through our partnerships. The Supply Chain Management course with analytics offers an experience beyond just classroom learning – it’s the perfect preparation for those students looking to enter one of today’s most lucrative fields!

Course Benefits For Learners:

We give students a thorough understanding of the sector through six real-world projects, which will help them prepare for their rewarding career and become Supply Chain Analyst.

This IIT Supply Chain Management online course will prepare students to take on competitive jobs such as Demand Planner or Data Scientist.

Supply Chain Management course with Analytics is the key to making data-driven strategic, operational, and tactical decisions.

Contact us through chat support, or drive to one of our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad.

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