The Basics of Supply Chain Analytics

We’ve come to the final episode in our series on lean operations. Having now reviewed warehouse operations efficiency and best practices, it’s time to wrap things up with the final key subject: supply chain analytics.
In this video, Fred Barrionuevo shares four types of analytics that are crucial to getting a full picture of the supply chain aspects of your business. He’ll be defining analytics that utilize past activity and numbers, as well as predictive analytics useful for forming thoughtful business strategies.
Check out our blog post, Supply Chain Disruption: Mitigating Threats Effectively with Analysis, at bit.ly/3qxF7xW.

[@tyrolitsi8713]

This is the best I've seen so far, great content

[@ratikantapatro7091]

A nice presentation and It certainly gives an overall idea about SC Analytics..Would love to see more with case studies for deep understanding..

[@sadokaguel1854]

Thank you for the amazing video!

[@efficienzayd6103]

Descriptive, diagnostic, predictive, and prescriptive analytics. Mostly data and forecasting analytics.

[@evdoxiapikouni545]

excellent and brief

[@daveportillo1533]

Nice video 👍🏼

[@TheMarkoPoloProgram]

This looks fun!

[@AhmedHussein-de3dx]

Thx bro 😎

[@KellyMashele-bw1ve]

Great instructor

[@ImpactMyBiz]

Thank you!

[@santrogansantos4378]

Pls I need your help on my dissertation defending pls this the topic An Examination on supply chain management activities of a company .Case study American fishing company as example pls I need answer as format

[@abdennourhocine732]

Hi, thanks for the video, it's very helpful
I am very interested in this topic and I am looking for some videos or articles on the impact of data science in supply chain management or big data analytics and its applications in supply chain management
I would be very happy if you would suggest some of it to me
and thank you very much
best regards

[@ImpactMyBiz]

Hi abdennour hocine! Our blog post goes a bit more in-depth on the topic of supply chain analytics: www.impactmybiz.com/blog/blog-supply-chain-disruption-analysis/. We do not currently have any content around data science specifically, but we've found this article to be a helpful introduction to the topic: www.northeastern.edu/graduate/blog/data-science-supply-chain-management/.

[@abdennourhocine732]

Impact My Biz
thank you very much i really appreciate it
i have some questions if you do not mind of course
so i will be happy so grateful if you would give your email to contact you
thanks for everything
best regards

[@ImpactMyBiz]

@@abdennourhocine732 Of course! You can contact us at [e-mail].

[@abdennourhocine732]

Impact My Biz thank you very much i will contact you

[@jolenek8978]

What is the difference between Business Intelligence and supply chain analytics?

[@ImpactMyBiz]

Hi, Jolene thanks for asking! The main difference is that business intelligence is the practice of properly managing data and using analytics platforms/software in any industry. Supply chain analytics involves business intelligence but is more focused on gaining insight specifically into the supply chain. This could involve things such as inventory management or connecting data from multiple parts of the supply chain to properly analyze issues.

[@jolenek8978]

@@ImpactMyBiz Thank you for your reply and for your prompt response!! Would you say that if BI is implemented correctly and effectively, that it would improve supply chain analytics?
Would you also say that if real-time BI is not effectively implemented whereby the organisation has adopted real-time BI but lack understanding and knowledge behind the information system and its benefits, it would impact supply chain analytics performance?
I would so greatly appreciate if you could please elaborate more on the differences and relationship with real-time BI and supply chain analytics.

[@ImpactMyBiz]

Of course! We are always here to help out!
If BI is implemented you will certainly gain lots of new insights from analytics across the board in the business, especially in supply chain analytics.
There would definitely be issues if BI was not effectively implemented and the team did not properly understand how to leverage them. Of course, if everybody on the team was trained on the systems and had the proper support channels that would be the way to assure the business is running at peak efficiency.

[@mohababdelrahman3766]

Do I need to learn programming

[@ImpactMyBiz]

It really depends on what you are planning to do, but in certain scenarios, it definitely could be useful to know how to program! Thanks for asking!