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An Overview to Modelling and Analytics

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Hi I'm doctor Kunal Josh and yes my colleague dr. Anupam course we have faculty in operations management in Vinod Gupta School of Management at IIT Kharagpur together we are offering thiscourse on modelling and analytics in supply chain management this course will basically focus on the application of analytical techniques and optimization models for improved decision-making in supply chain today globalization and complexity in the business world have put in place supply chain in thespotlight like never before ok and analytics will help us to uncover the hidden truth it will help us toderive insights from the data that have been accumulated over the years and with the help of those past data and real-time data analytics will help us to take decisions which help in reducing cost in reducing the stock out and also it will reduce the time to introduce new products that if much faster rate and thereby achieve business excellence and so this course will have 12 modules and the details of which will be taken up by my colleagues if you look at supply chain we will start from supplier selection modeling and analytics once the suppliers are selected we will take you through transportation modeling how to decide on route planning how to decide on route optimization we will then take you through entire warehouse location models warehouse space calculation models hub location analytics we will then take you to performance measurement how do you measure the performance of the entire supply chain we will then take you through risk analytics how to measure and optimize your supply chain based on supply chain risks we will also take you through the entire coordination of the supply chain how you can coordinate a global supply chain and build an agile adaptive and responsive supply chain all along we will move with data will move with how to model these systems how to build in real-time analytics and build up a resilience of a chain we hope that you will enjoy this course and there will be assignments and case based discussions we hope that you will like it thank you thank you