MockExams

Supply Chain Analytics (BIT472MS)

Semester 83 credits45 teaching hoursTrack A

Data analytics and machine learning applied to supply chain management — data preparation in Python, Seaborn visualization, customer RFM segmentation, supplier risk, and demand forecasting.

  1. Unit 1: Introduction to Supply Chain Analytics4 hrs

    • Definition of Supply Chain and need for supply chain management
    • Structure of supply chains, processes, flows, and strategic decision making
    • Supply chain analytics definitions, value proposition, and role of AI
    • Defining SMART goals and KPIs for supply chain optimization
  2. Unit 2: Data-Driven Supply Chains with Python5 hrs

    • Data-driven decision making in supply chain environments
    • Setting up the Python analytics runtime environment (Jupyter, NumPy, Pandas)
    • Structure of tabular data, variables, and series data types
    • Data cleaning, outlier treatment, and missing value imputation in supply datasets
  3. Unit 3: Data Manipulation & Indexing in Python5 hrs

    • Pandas data manipulation: indexing, slicing, filtering, and grouping
    • Data aggregation, pivoting, and merging disparate logistical datasets
    • Feature engineering for delivery performance and transit time calculations
  4. Unit 4: Data Visualization & Geospatial Analysis5 hrs

    • Exploratory data visualization using Seaborn and Matplotlib
    • Distribution plots, correlation heatmaps, and trend analysis
    • Geospatial visualization of supplier locations, transport corridors, and delivery zones
  5. Unit 5: Customer Management & RFM Segmentation6 hrs

    • Customer relationship analytics in supply chain operations
    • Customer cohort analysis and churn prediction
    • Recency, Frequency, Monetary (RFM) customer segmentation
    • k-means clustering for behavioral customer categorization
  6. Unit 6: Supply Management & Supplier Risk Analysis5 hrs

    • Procurement analytics and supplier performance scorecarding
    • Assessing supplier delivery risk using multiple linear regression and logistic regression
    • Lead time variability analysis and supplier reliability benchmarking
  7. Unit 7: Warehouse and Inventory Optimization5 hrs

    • Inventory management metrics: Economic Order Quantity (EOQ), Reorder Point (ROP), Safety Stock
    • ABC and XYZ inventory classifications
    • Warehouse slotting optimization and picking path efficiency
  8. Unit 8: Demand Forecasting5 hrs

    • Importance of demand forecasting in mitigating the Bullwhip Effect
    • Quantitative time series methods: Moving Averages, Exponential Smoothing (Holt-Winters)
    • Evaluating forecast accuracy: MAD, MSE, RMSE, and MAPE metrics
  9. Unit 9: Logistics Management & Route Optimization5 hrs

    • Transportation modes, freight logistics, and carrier selection
    • Logistics network design and facility location decisions
    • Route optimization fundamentals and Vehicle Routing Problem (VRP) solving with Python

Reference books

  • Liu, Kurt Y., Supply Chain Analytics: Concepts, Techniques and Applications, Palgrave Macmillan.
  • Tipi, Nicoleta, Supply Chain Analytics and Modelling: Quantitative Tools and Applications, Kogan Page Ltd.
  • Chopra, Sunil and Peter Meindl, Supply Chain Management: Strategy, Planning, and Operation, Pearson.
  • Feigin, Gerald, Supply Chain Planning and Analytics: The Right Product in the Right Place at the Right Time, Business Expert Press.

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