Analytics is the process of data collation, processing, analysis and interpretation to gain insights and have better decision making. Increased competition has put more focus on optimizing business processes and make informed business decisions. Analytics provide informed insights for effective decision making by data collation processing and analysis.
SCM and Logistics analytics helps in understanding the effectiveness of processes in supply chain management and logistics. It also helps in focusing factors which can help optimize logistics network, distribution, freight management, demand forecasting, time compression and order management
The course covers
- Basics of Analytics and statistics
- Using MS-Excel for analytics
- Supply Chain Modeling and Design
- Logistics Network Planning
- Demand Forecasting
- Distribution and Freight Management
- Logistics and SCM Costing
- Logistics and SCM Optimization
- Order Management
Why should I take SCM and Logistics Analytics Certification?
This course is intended for Logistics and SCM professionals, managers, Logistics and SCM consultants and graduates wanting to excel in Logistics and SCM analytics. It is also well suited for those who are already working and would like to take certification for further career progression.
Earning Vskills Certified Logistics and SCM Analytics Professional Certification can help candidate differentiate in today's competitive job market, broaden their employment opportunities by displaying their advanced skills, and result in higher earning potential.
How will benefit from taking this Certification?
Job seekers looking to find employment in Logistics, SCM, 3PL, store or inventory departments of various companies, students generally wanting to improve their skill set and make their CV stronger and existing employees looking for a better role can prove their employers the value of their skills through this certification.
Companies that hire SCM and Logistics Analytics Professional
SCM and Logistics Analytics Professionals are in great demand. Companies specializing in Logistics and SCM outsourcing, 3PL, Logistics and SCM consultancy, transportation and distribution are constantly hiring skilled Vskills Certified Logistics and SCM Analytics Professional. Various public and private companies also need Logistics and SCM Analytics Professional for their requirement for Logistics and SCM analysis and optimization.
TABLE OF CONTENT
Analytics Introduction
- Evolution and Scope
- Data Management and Types
- Decision Models
- Problem Solving and Decision Making
Using Spreadsheets for Analytics
- Excel Formulas
- Excel Functions
- Spreadsheet Add-Ins
- What is Spreadsheet Modeling
Visualizing Data in Spreadsheets
- Excel Data Visualization Tools
- Data Queries in Excel
- Data Summarization in Excel
- PivotTables and Pivot Charts
Descriptive Statistical Measures
- Statistical Notation
- Measures of Location
- Measures of Dispersion
- Measures of Shape
- Measures of Association
- Frequency Distributions
- Excel Descriptive Statistics Tools
Probability Distributions
- Probability Basics
- Discrete Probability Distributions
- Continuous Probability Distributions
- Distribution Fitting
Sampling and Estimation
- Sampling Methods
- Statistical Sampling
- Sampling Distributions
- Estimation
- Interval Estimates
- Confidence Intervals
- Prediction Intervals
Statistical Inference
- Hypothesis Testing
- One-Sample Hypothesis Tests
- Two-Sample Hypothesis Tests
- ANOVA
Regression Analysis
- Simple Linear Regression
- Residual Analysis and Regression Assumptions
- Multiple Linear Regression
- Regression with Categorical Independent Variables
- Regression Models with Nonlinear Terms
Introduction to Logistics
- Concepts of Logistics
- Logistics Processes
- Logistics Intermediaries
- Integrated Logistics
Supply Chain Management
- Supply Chain Basics
- The Bullwhip Effect
- Global Supply Chain Management
- SCOR Model
Logistics and SCM Theories
- Systems Approach
- Resource-Based View Theory
- Knowledge-based view (KBV)
- Strategic Choice theory (SCT)
- Principle Agency theory (PAT)
- Systems theory (ST)
- Transaction Cost Economics
- Game Theory
- Available-to-promise (ATP)
- Theory of Constraints
Supply Chain Modeling
- Deterministic Analytical Models
- Stochastic Analytical Models
- Economic Models
- Simulation Models
Supply Chain Strategic Management
- Strategic Management Processes
- Supply Chain Strategy
- Environmental Analysis
- Pestle Analysis
- SWOT Analysis
- Value Chain Analysis
- Competitor Analysis
Supply Chain Design
- Supply Chain Decision Phases
- Supply Chain Process View
- Achieving Strategic Fit
- Supply Chain Segmentation
- Aggregate Planning
- Planning Strategies
Logistics Network Planning
- What is Logistics Network Design
- Design Issue and Data
- Distribution Centres and Warehouses
- Modeling Techniques
- Logistics Network Design Process
Demand Management
- Introduction
- Demand Forecasting
Distribution and Freight Management
- Central Place Theory
- Unit Load Concept
- Reducing Freight Costs
- Freight Costing
- Freight Routing and Scheduling
Logistics and SCM Costing
- What is Cost
- Fixed and Variable Costs
- Cost Analysis
- SCM Costing
- What are Logistics Costs
- Logistics Costs Types
- Logistics Cost Analysis and Approaches
- Activity-based costing (ABC)
- Target Costing
- Logistics Cost Analysis Formulas
Logistics and SCM Optimization
- What is optimization
- Business Process Optimization
- Modeling and Optimization
- Logistics Problems
- Logistics Optimization
- Supply Chain Optimization
- Time Compression
Advanced Analytics
- Capacity Analysis
- Order Management
- Spend Analysis
- Prescriptive Analytics
- Cognitive Analytics
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