LearnQuest
Capstone Project: Predicting Safety Stock
LearnQuest

Capstone Project: Predicting Safety Stock

This course is part of Machine Learning for Supply Chains Specialization

Taught in English

Rajvir Dua
Neelesh Tiruviluamala

Instructors: Rajvir Dua

Included with Coursera Plus

Course

Gain insight into a topic and learn the fundamentals

Intermediate level

Recommended experience

10 hours (approximately)
Flexible schedule
Learn at your own pace

What you'll learn

  • Calcualte safety stock using SARIMA predictions combined with manipulaitng lead times.

Details to know

Shareable certificate

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Course

Gain insight into a topic and learn the fundamentals

Intermediate level

Recommended experience

10 hours (approximately)
Flexible schedule
Learn at your own pace

See how employees at top companies are mastering in-demand skills

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Build your subject-matter expertise

This course is part of the Machine Learning for Supply Chains Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
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There are 3 modules in this course

In this module, we'll get acquainted with our dataset by exploring some of the most obvious groupings and identifying the variation in products. We'll discover which products sell where and prepare ourselves to use timeseries forecasts and safety stock predictions.

What's included

4 videos1 programming assignment2 discussion prompts1 ungraded lab

In this module, we'll use the SARIMA model to make predictions on future sales. We'll then visualize some of these predicted sales before evaluating the accuracy and viability of our chosen model.

What's included

2 videos1 reading1 programming assignment1 ungraded lab

In this module, we'll finish the project by calculating safety stock from monthly usage and lead times. We'll start by grouping products in order to find more accurate usage numbers. Then, we'll conclude by using the known formula along with our insights from the data in the calculation of safety stock for each product.

What's included

2 videos1 programming assignment1 ungraded lab

Instructors

Rajvir Dua
LearnQuest
8 Courses13,138 learners

Offered by

LearnQuest

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