Modelling and Analytics for Supply Chain Management
Learn scientific procedures and optimization models for improved dynamic in store network with Modelling And Analytics For Supply Chain Management by Swayam.
Online
12 Weeks
Free Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
This Modelling And Analytics For Supply Chain Management Online Course centers around the utilization of logical strategies for deciding effective solutions for issues related to supply networks thinking about the limitations of demand and supply. The course focuses on the utilization of advanced procedures for limit allotment and assessment of production network plan choices under vulnerability and facility location.
The destination of the Modelling And Analytics For Supply Chain Management Training course is to comprehend the idea of supply networks, the objective of supply networks, and clarify the effect of supply chain choices with respect to the achievement of a firm. The course will provide the candidate in-depth knowledge about the concept of safety stock within inventory management under uncertainty.
The Modelling And Analytics For Supply Chain Management Programme will have two instructors Prof. Anupam Ghosh and Prof. Kunal Kanti Ghosh a faculty member of IIT Kharagpur. They will deliver the lectures and be a mentor to the students. The programme offered by Swayam is completely free to pursue.
The Highlights
- Instructors from IIT Kharagpur
- E-certificate
- Postgraduate level
- Free course
- Course type elective
- Online learning
- Self paced learning
- 12 weeks of course duration
- Certified course by Swayam
- Certificate of completion from IIT Kharagpur and NPTEL
Programme Offerings
- video lectures
- Readings
- assessment
- Quiz
- tests
- audio lectures
- Online discussion forum
- references
- Books.
Courses and Certificate Fees
| Fees Informations | Certificate Availability | Certificate Providing Authority |
|---|---|---|
| INR 1000 | yes | IIT Kharagpur |
- The Modelling And Analytics For Supply Chain Management Fees is nil which means candidates need not pay any amount for pursuing the programme.
- The candidate has to pay an exam fee for the programme that is Rs. 1,000.
Modelling And Analytics For Supply Chain Management Fees details -
Fee structure | Amount in Rs. |
Exam Fee | Rs. 1,000 |
Programme Fees | Free |
Eligibility Criteria
Certification Qualifying Details
The Modelling And Analytics For Supply Chain Management Certification will be awarded to candidates who will appear for a final end-term proctored examination once the programme completes. It is essential for candidates to achieve a minimum of 25% in assignments and 75% in the examination. The learner who will not adhere to the guidelines and requirements will not be provided with a certificate of completion.
What you will learn
The applicant in this course will learn and build up their comprehension on the topic referenced underneath after the Modelling And Analytics For Supply Chain Management Certification course completion:
- The candidate will learn about the utilization of logical strategies for deciding effective solutions for issues related to supply networks thinking about the limitations of demand and supply.
- The student will be able to know the assessment of production network plan choices under vulnerability and facility location.
- They will learn about the MILP formulation and the foreign exchange risks.
- The student will be able to understand transportation modeling and analytics.
- The participant will become familiar with the performance measures for efficiency and effectiveness.
- They will learn the skill to optimize the non-linear warehouse space allocation.
- The learner will get to understand the elementary concepts related to inventory management.
Who it is for
The Modelling And Analytics For Supply Chain Management Training course can be taken by the student mentioned below:
- Candidate from Industrial and systems engineering, Mechanical engineering, Management and related field can take up this course.
Admission Details
The candidate has to follow these below discussed steps to take admission in the Modelling And Analytics For Supply Chain Management Online Course:
Step1. Click on the below-given link below to direct yourself to the course portal https://onlinecourses.nptel.ac.in/noc25_mg48/preview
Please note: Right now the enrollment process is closed. The course is ongoing. Candidates can apply and register once the enrollment opens.
The Syllabus
Introduction to Modeling and Analytics in Supply Networks
- Introduction to Supply Network
- Performance Measures for Efficiency and Effectiveness
- SCOR model
- Strategic Fit and Scope
- Types of Distribution Networks
- Analytics in Management
- Design of Distribution Networks
Supplier Selection Analytics
- Linear Programming
- Rating method
- Ranking method
- Borda Count
- Clustering
- Goal Programming and related multi-criterion decision making (MCDM) techniques
Transportation Modeling and Analytics
- Transportation models
- Route planning
- Transshipment
- Shipment schedule
- Flow path optimization.
Warehousing Modeling and Analytics
- Warehouse location problem
- MILP formulation
- Location with foreign exchange risks
- Space calculation for warehouse
- Non-linear optimization for warehouse space allocation
Strategic Performance Improvement
- Data Envelopment Analysis for competitive comparisons among multiple warehouses
- Service units and formulation of strategic action plans for improving the efficiencies of non-performing DMUs
- Stochastic Frontier Analysis.
Inventory Analytics - I
- Elementary Concepts related to Inventory Management
- Economic Order Quantity (Instantaneous Replenishment)
- Economic Production Lot Size
- Inventory Model with Planned Shortages (Back-Orders)
- Inventory Management under Uncertainty – Concept of Safety Stock
- Continuous Review System
- Periodic Review System
Inventory Analytics - II
- Newsvendor Model
- Performance Measures: Expected Lost Sales, Expected Sales, Expected Leftover Inventory, Expected Profit, Fill Rate, In-Stock Probability, and Stock-Out Probability
Inventory Analytics - III
- Choosing an Order-up-to Level to Meet a Target Service Level
- In-Stock Probability
- Desired Fill-Rate
Inventory Analytics - IV
- Assemble-to-Order
- Make-to-Order and Quick Response with Reactive Capacity
- Reducing Mismatch Costs with Make-To-Order
Modeling Coordination in Supply Chains
- Information Distortion in Supply Network and Bull-Whip Effect
- Coordination and collaboration modeling in supply networks
Risk Analytics in Supply Network Design
- Mapping the riskiness profile of a country
- Taxation
- Mapping the riskiness profile of possible international routes
- Designing the route plan based on riskiness profile
Design and Modeling the global supply chain
- Design and optimization of global supply chain networks
- Multi-period supply chain network design
Instructors
IIT Kharagpur Frequently Asked Questions (FAQ's)
The course is offered by the Swayam, an Indian government programme launched to provide education for free to the candidate.
The candidate can get enrolled themselves in many courses at the same time there is no restriction on the number of courses a candidate can access.
All the courses in Swayam are taught online, the medium of teaching will be online in the entire course duration.
The course is a self-paced course in which candidates can study according to their time convenience and the duration of the course is 12 weeks.
Rs.1,000 is the Modelling And Analytics For Supply Chain Management Fees for appearing in the proctored exam.
There are two instructors in this course to guide the candidate; they are the faculty member of IIT Kharagpur, Prof. Anupam Ghosh, and Prof. Kunal Kanti Ghosh to guide the students in the course.
No, there is no amount needed to be paid for accessing the course content. The course is free of cost.
The candidate has to visit the nearest exam centre to give the examination. The mode of examination will be offline.
The course certificate will help the candidate in upgrading their resume or CV. It will showcase logos of IIT Kharagpur and NPTEL.