Introduction To Supply Chain Analytics
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Introduction to Supply Chain Analytics
The book offers a concise yet comprehensive introduction to supply chain analytics covering management, modeling, and technology perspectives. Designed to accompany the textbook “Global Supply Chain and Operations Management”, it addresses the topics of supply chain analytics in more depth. The book describes descriptive, predictive, and prescriptive supply chain analytics explaining methodologies, illustrating method applications with the use of training exercises, and providing numerous examples in AnyLogic and anyLogistix software. Throughout the book, numerous practical examples and short case studies are given to illustrate theoretical concepts. Along with AnyLogic and anyLogistix model development guidelines and examples, the book has two other distinct features. First, it reviews and explains novel frameworks and concepts related to data-driven decision-making and digital twins. Second, it shows how to use analytics to improve supply chain resilience. Without relying heavily on mathematical derivations, the book offers a structured presentation and explanation of major supply chain analytics techniques and principles in a simple, predictable format to make it easy to understand for students and professionals with both management and engineering backgrounds. Graduate/Ph.D. students and supply chain professionals alike would benefit from a structured and didactically-oriented concise presentation of the concepts, principles, and methods of supply chain analytics. Providing graduate students and supply chain managers with working knowledge of basic and advanced supply chain analytics, this book contributes to improving knowledge-awareness of decision-making in increasingly data-driven and digital environments. The book is supplemented by a companion website offering interactive exercises with the use of AnyLogic and anyLogistix software as well as Spreadsheet Modeling.
Supply Chain Analytics
Supply Chain Analytics introduces the reader to data analytics and demonstrates the value of their effective use in supply chain management. By describing the key supply chain processes through worked examples, and the descriptive, predictive and prescriptive analytic methods that can be applied to bring about improvements to those processes, the book presents a more comprehensive learning experience for the reader than has been offered previously. Key topics are addressed, including optimisation, big data, data mining and cloud computing. The author identifies four core supply chain processes – strategy, design, execution and people – to which the analytic techniques explained can be applied to ensure continuous improvement. Pedagogy to aid learning is incorporated throughout, including an opening section for each chapter explaining the learnings designed for the chapter; worked examples illustrating how each analytic technique works, how it is applied and what to be careful of; tables, diagrams and equations to help ‘visualise’ the concepts and methods covered; chapter case studies; and end-of-chapter review questions and assignment tasks. Providing both management expertise and technical skills, which are essential to decision-makers in the supply chain, this textbook should be essential reading for advanced undergraduate and postgraduate students of supply chain analytics, supply chain leadership, and supply chain and operations management. Its practice-based and applied approach also makes it valuable for operating supply chain practitioners and those studying for professional qualifications. Online resources include chapter-by-chapter PowerPoint slides, tutorial exercises, written assignments and a test bank of exam questions.
Big Data Driven Supply Chain Management
Master a complete, five-step roadmap for leveraging Big Data and analytics to gain unprecedented competitive advantage from your supply chain. Using Big Data, pioneers such as Amazon, UPS, and Wal-Mart are gaining unprecedented mastery over their supply chains. They are achieving greater visibility into inventory levels, order fulfillment rates, material and product delivery… using predictive data analytics to match supply with demand; leveraging new planning strengths to optimize their sales channel strategies; optimizing supply chain strategy and competitive priorities; even launching powerful new ventures. Despite these opportunities, many supply chain operations are gaining limited or no value from Big Data. In Big Data Driven Supply Chain Management, Nada Sanders presents a systematic five-step framework for using Big Data in supply chains. You'll learn best practices for segmenting and analyzing customers, defining competitive priorities for each segment, aligning functions behind strategy, dissolving organizational boundaries to sense demand and make better decisions, and choose the right metrics to support all of this. Using these techniques, you can overcome the widespread obstacles to making the most of Big Data in your supply chain — and earn big profits from the data you're already generating. For all executives, managers, and analysts interested in using Big Data technologies to improve supply chain performance.