The combination of an increasingly complex world, the vast proliferation of data and the pressing need to stay one step ahead of the competition, has sharpened the focus on using optimization and analytics within organizations. As the 'data overload' problem worsens for most companies, many managers have shifted from feeling overwhelmed (60% say they have 'more information that we can effectively use'), to recognizing that the smartest organizations are already using these new technologies to gain competitive advantage. Supply Chain Optimization is using a mathematical model and advanced algorithms to find the “best option” out of a feasible set of solutions while meeting the business constraints of the supply chain. Companies can use such model for what-if scenarios, derive actionable insights, then use those insights to make business decisions and, ultimately, improve outcomes in the supply chain. This course will dive deep into what Supply Chain Optimization is all about. It covers all the required knowledge to be able to understand the fundamentals of Supply Chain Optimization, provides practical examples to make the concept clearer and pragmatic pointers to be able to implement this latest concept in your organization.
A very good introduction to supply chain management.
Would be nice to have more practical examples and case studies (if time allows).
Better than I expected!