Supply Chain Analytics
Supply Chain Analytics. Instructor: Dr. Rajat Agrawal, Department of Management Studies, IIT Roorkee. Supply chain analytics is the combination of data analytics into the supply chain management. In present time of intense global competition, customers are demanding more and more variety, with better quality and service at lowest cost. This means that in order to be successful, firms need to develop supply chain strategies and logistical capabilities that serve the needs of their customers whilst maximizing overall profitability. All supply chains, in order to function properly, must focus on the huge opportunity that exists in their analytics. (from nptel.ac.in)
Lecture 10 - Demand Forecasting in a Supply Chain |
This lecture covers role of forecasting in a supply chain, characteristics of forecasts, and components of forecasts and forecasting methods.
Go to the Course Home or watch other lectures: