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There are 4 modules in this course
Supply chain planning is an important activity in any supply chain. This is where organizations get an idea of the upcoming demand, realize if they have the capacity to meet the demand, and determine how to realize these demands. In this course, we will explore how to use data science to conduct demand and supply planning, how to constrain the forecast, and how to measure the results. As we walk through this process, we will also explore how to use Excel to quantify each step.
Welcome to Module 1, Demand Planning. In this module, we will explore demand planning, how to identify influencing factors, how to differentiate between the three simple statistical forecast types, and how to compute a few forecast values.
What's included
2 videos2 readings1 assignment1 discussion prompt
Show info about module content
2 videos•Total 33 minutes
Influencing Factors•22 minutes
Develop Statistical Demand Forecast•11 minutes
2 readings•Total 10 minutes
Define and Aggregate Relevant Data•5 minutes
Identify Influencing Factors•5 minutes
1 assignment•Total 30 minutes
Module 1 Knowledge Check•30 minutes
1 discussion prompt•Total 30 minutes
Activity•30 minutes
Supply Planning
Module 2•1 hour to complete
Module details
Welcome to Module 2, Supply Planning. In this module, we will discuss the basics of supply planning, how to confirm internal & external capacity, how to confirm material availability, and the importance of communication and data sharing to supply planning.
What's included
1 video3 readings1 assignment1 discussion prompt
Show info about module content
1 video•Total 8 minutes
Supply Planning•8 minutes
3 readings•Total 15 minutes
Identify Demand for Each Product and Category•5 minutes
Confirm Internal and External Capacity•5 minutes
Confirm Material Availability•5 minutes
1 assignment•Total 30 minutes
Module 2 Knowledge Check•30 minutes
1 discussion prompt•Total 30 minutes
Importance of Communication and Sharing Information•30 minutes
Constrained Forecast
Module 3•1 hour to complete
Module details
Welcome to Module 3, Constrained Forecast. In this module, we will discuss constrained forecasts and consensus meetings. Specifically, we will cover the purpose and creation of constrained forecasts and how consensus meetings are utilized to reach organizational goals.
What's included
1 video2 readings1 assignment1 discussion prompt
Show info about module content
1 video•Total 8 minutes
Constrained Forecast•8 minutes
2 readings•Total 10 minutes
Develop A Constrained Forecast•5 minutes
Conduct Consensus Meeting•5 minutes
1 assignment•Total 30 minutes
Module 3 Knowledge Check•30 minutes
1 discussion prompt•Total 30 minutes
Stakeholders in the Consensus Meeting•30 minutes
Measure Results
Module 4•1 hour to complete
Module details
Welcome to Module 4, Measure Results. In this module, we will discuss measuring results through collecting actual performance results and calculating forecast errors. Specifically, we will discuss the purpose of measuring results, the types of metrics used when measuring results, and common error measurements and their advantages and disadvantages.
What's included
1 video1 reading1 assignment1 discussion prompt
Show info about module content
1 video•Total 14 minutes
Calculate Forecast Errors•14 minutes
1 reading•Total 5 minutes
Collect Actual Performance Results•5 minutes
1 assignment•Total 30 minutes
Module 4 Knowledge Check•30 minutes
1 discussion prompt•Total 30 minutes
Improve Through Measuring Results•30 minutes
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What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.