Supply Chain Analytics (BIT472MS)
Data analytics and machine learning applied to supply chain management — data preparation in Python, Seaborn visualization, customer RFM segmentation, supplier risk, and demand forecasting.
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
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
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
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
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
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
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
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
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.