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- Online Supply Chain Analytics Courses
A supply chain system involves a network between an organisation and its suppliers for the production and distribution of a product to the end user. Businesses use many different analytical methods and techniques to better design and manage their supply chains. With effective supply chain analytics, they can make sense of voluminous amounts of data associated with the procurement, processing and distribution of goods and make smarter, quicker and more efficient decisions. If you are willing to get started in supply chain analytics, you need to earn a degree or certificate in this field and gain experience by working in logistics and supply chain management. You can start by pursuing supply chain analytics courses online or on campus.
Many institutes offer degree courses like B.Com in Supply Chain Management and BBA in Logistics and Supply Chain Management. Many also offer supply chain analytics certification courses free. Once you complete supply chain analytics courses, you can find employment in warehousing and distribution units, shipping and logistics companies, freight and transportation companies, inventory control units, and more.
What is Supply Chain Analytics?
The term supply chain analytics refers to the analysis of massive amounts of data associated with inventory management, order management, fulfilment, and transportation to uncover patterns and generate insights. Supply chain analytics has different forms, including descriptive analytics, predictive analytics, prescriptive analytics, and cognitive analytics that help usher in a new era of supply chain optimization.
Who Can Pursue Supply Chain Analytics Courses?
- Individuals who want to explore and learn about demand and supply analytics.
- Students seeking to enter the supply chain management domain.
- Professionals working in sales and marketing, data analytics, supply chains and engineering sectors.
Eligibility Criteria for Supply Chain Analytics Courses
- Candidates aspiring to become supply chain analytics professionals should earn a bachelor’s degree in supply chain management.
- After earning a bachelor’s degree, they can either work in industries or go for higher studies.
Skills Required for Supply Chain Analytics Courses
- Communication skills
- Management
- Mathematical skills
- Planning and accounting
- Business ethics
- Leadership
These are the skills needed while joining the supply chain analyst course and supply chain analytics certificate.
Also Read: Popular providers offering Supply Chain Analytics courses and certifications
- Edx Supply Chain Analytics Courses & Certifications
- Swayam Supply Chain Analytics Courses & Certifications
- Udemy Supply Chain Analytics Courses & Certifications
- Jigsaw Academy Supply Chain Analytics Courses & Certifications
- GetSmarter Supply Chain Analytics Courses & Certifications
What Will You Learn in Supply Chain Analytics Courses?
- Enrolling in online supply chain analytics courses and certifications will teach you basic analytics methods, network design, and statistics in supply chains.
- Supply chain analytics online courses will provide you with knowledge about theoretical concepts in design, strategy, planning and operation of supply chain critical to developing the appropriate analytical models.
- With supply chain analytics courses, you will learn about inventory optimization, transportation optimization, and linear programming.
- You will also learn how to apply basic probability models and formulate and solve optimization models.
Popular Supply Chain Analytics Certification Courses
As short-duration certification programmes, supply chain analytics certification courses are designed for candidates seeking to perform data analyses of any form in supply chains and get the most out of their supply chain data. Supply chain analytics certification courses equip candidates with the skills essential to working in supply chains. The duration of these online supply chain analytics courses can vary from course to course and can be pursued from anywhere, anytime. The table below tabulates the best supply chain analytics course.
Here’s the list of some of the best supply chain analytics certification courses:
Course Name | Offered by | Duration | Fees |
Columbia University, New York via Edx | 12 Weeks | Free | |
3 Months | Rs 24,000 | ||
15 Weeks | Free | ||
Supply Chain Management With Analytics | 4 Days | Rs 25,000 | |
Supply Chains for Manufacturing: Inventory Analytics | MIT via edX | 9 Weeks | Free |
Supply Chains for Manufacturing: Capacity Analytics | MIT via edX | 9 Weeks | Free |
Supply Chain Analytics | Indian Institute of Technology Roorkee and NPTEL via Swayam | 8 Weeks | Free |
CII Certified Supply Chain Analytics Professional | CII Institute of Logistics | 4-6 months | Rs 15,700 |
Professional Certificate in Supply Chain Analytics Course | 360digitMG | 1 Month | NA |
Supply Chain Analytics Essentials | Rutgers University via Coursera | 4 Weeks | Free |
Career Options in Supply Chain Analytics
After completing supply chain analytics certification online, you can look for opportunities in many different sectors. You can find job options in transportation and logistics companies, shipping companies, warehousing and distribution units, road transport and haulage, inventory control units, administration and IT firms. You can even work in a warehouse, distribution centre, manufacturing operation, or office environment.
Below are some of the job profiles available to you after supply chain analytics courses:
- Supply Chain Analyst
- Logistics Manager
- Warehouse Manager
- Fulfilment Coordinator
- Inbound Operations Manager
- Outbound Operations Manager
- Data Analyst
Supply Chain Analytics Salary Trends
Supply chain analytics professionals get lucrative salary packages in industries based on the job location and employment type. According to PayScale, the average salary of a Supply Chain Analyst in India is Rs 500,877 p.a. The pay can also vary as per the level of experience. Mentioned below is the salary of a supply chain analyst based on experience.
Salary based on experience:
Experience | Average Pay (annually) |
Less than 1 year | Rs 372,979 |
1-4 years | Rs 483,413 |
5-9 years | Rs 660,847 |
10-19 years | Rs 982,635 |
*Source: PayScale
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Scope of Supply Chain Analytics
The field of supply chain analytics has existed for years. It is significantly poised to improve operational efficiency and effectiveness by facilitating data-driven decisions. Supply chain analytics consists of virtually the complete value chain, from sourcing to manufacturing, distribution and logistics. It also helps improve company performance and revenue. As a great career option, supply chain analytics opens various job opportunities in different industries for candidates who have pursued online supply chain analytics courses and certifications. It has a vast career scope in shipping and logistics companies, freight and transportation companies, warehousing, distribution and inventory control units, and administration and IT firms.
Top Recruiters for Supply Chain Analytics Professionals
These are the recruiters that hire professionals after the completion of the supply chain analyst courses.
- Verizon
- Accenture
- Aegis Logistics Ltd
- Adani Logistics Company
- Future Supply Chain Solutions Ltd
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FAQs
Q: How can I learn supply chain analytics courses online?
A: You can learn online supply chain analytics courses from top universities and industry experts and build a successful career in this field.
Q: Who is eligible for supply chain analytics courses?
A: From students to working professionals, anyone interested in demand and supply analysis, data analytics and management can pursue online supply chain analytics courses and certifications.
Q: What skills are required for supply chain analytics certification courses?
A: To pursue supply chain analytics certification courses, you should possess a unique set of skills, including communication, strong mathematics, management skills, leadership, analytical skills, and others.
Q: How much does it cost to take online supply chain analytics courses?
A: The fee of online supply chain analytics courses can vary depending on the course and institution.
Q: What is the duration of supply chain analytics courses?
A: The duration of online supply chain analytics courses and certifications span from a few weeks to several months.
Q: What can I do after the supply chain analytics certification courses?
A: After completing online supply chain analytics courses and certifications, you can find employment in diverse business areas. These include shipping companies, transportation, logistics companies, warehousing and distribution units, road transport and haulage, and IT companies.
Q: How much can I earn after supply chain analytics courses?
A: As an entry-level supply chain analyst, you can earn an average salary of Rs 342,979 p.a.
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