Over the past two decades, the supply chain has become more complex. While advancing technology has allowed companies to capture this complexity within stores of ever accumulating data, companies have not kept up with how to analyze and derive insights from that data. This specialization uses hands-on activities to show how data science techniques can turn raw data into decision-makers for a more agile supply chain. Foundational techniques such as demand forecasting, inventory management with demand variability, and using the newsvendor model are covered, in addition to more advanced techniques such as how to optimize for capacity and resources as well as mitigate risks with the Monte Carlo simulation. By the end of this specialization, you will be able to: Describe how demand planning, supply planning, and constrained forecast are associated with one another. Use Excel to analyze historical data to quantify future needs. Analyze historical data to determine inventory levels in steady and uncertain demand situations using Excel. Manage inventory in an uncertain environment. Quantify the inventory needs for single-period items using the newsvendor model. Identify the components of capacity optimization, resource optimization, and Monte Carlo simulation. Set up and solve optimization problems in Excel. Build a demand and inventory snapshot and run a Monte Carlo simulation to solve for a more agile supply chain.
MK
The course was good but it should be more detailed. It should cover more aspects of Supply Planning but overall a good experience.
AY
This course provided deep insight about Inventory management. Thank you for detailed explanation.
HB
Curso completo que te permite tener un entendimiento básico - intermedio de optimización de procesos.
HS
The Course Materials are detailed which is very useful for understanding.
TH
This course taught me a lot of different tools used within the supply chain field. I would recommend this course to my peers as it is very helpful.
AH
Great introduction to tools all supply chain professionals should be leveraging to optimize their supply chain!
AA
This course is a must-have for anyone involved in supply chain management,. Thanks to the instructor Thanks to Coursera Tha,ks to UCI
JD
Great introduction to IM, thank you for sharing your knowledge and experience.
FM
Key concepts explained in a clear, straight-forward way.
AS
great Learning, I really appreciate efforts put by the team to compile the course and sharing knowledge.
TN
Absolutely excellent presentation with succinct examples and how-to-do's - loved every single item in this course. Highly recommend it!
MK
Excellent Course. Great Concepts delivered. The quiz is well-balanced.
Showing: 20 of 97
The course lasts for a maximum of one hour and covers the fundamentals of demand and supply planning.
Good course. The materials is helpful to understand about the supply chain planning. Thank you:)
It's so good and help me at my work thank you for the info. and the course
The Course Materials are detailed which is very useful for understanding.
I would appreciate if the course covered demand and supply planning process in more detail as typically found in orgs following S&OP and/or IBP process models. Also I would like to see KPIs being discussed more broadly with industry use cases.
Excelente curso , en lo personal me ayudó mucho y con el, sumo otro conocimiento más en mi mente que es factible en muchas ocasiones dentro de una empresa.
This course is a must-have for anyone involved in supply chain management,. Thanks to the instructor Thanks to Coursera Tha,ks to UCI
Absolutely excellent presentation with succinct examples and how-to-do's - loved every single item in this course. Highly recommend it!
Me encantaron los ejercicos de las métricas para evakuar el nivel de servicio y el cálculo de la demanda y los suministros
Very clear instructor! I really appreciate his insights on how things are actually done in the industry.
I appreciate the straightforward, digestible approach to giving information provided by the instructor.
La informacion que proporcionan tiene mucha calidad para el empleo y desarrollo de sus herramientas.
Content conveyed in a simple manner and topics are easy to understand.
ES UN CURSO MUY COMPLETO Y DE SUMA UTILIDAD EN LAS EMPRESAS
Good. easy to understand. Have essential value in working
This is a nice comprehensive course of supply planning
Muito bom. Lições teóricas e prática de alto valor.
Estos cursos son de gran ayuda, muy completos.
Easy to follow and the guide is easy to digest
Very simple to understand and implement.