From the course: Supply Chain Foundations: Analytics
Importance of supply chain analytics
From the course: Supply Chain Foundations: Analytics
Importance of supply chain analytics
- Supply chain analytics are statistical tools and methods that organizations use to improve supply chains. Now more than ever, organizations need people with skills in supply chain analytics. You see, supply chains bring us all the stuff that we need to live. Food, medicine, electronics, pretty much everything we have was delivered to us by a supply chain, but shortages, late deliveries, and defective products can ruin your day, or in the case of medicines, supply chain disruptions can threaten your life. And even when supply chains get things to the right place at the right time, companies still strive to be even more efficient with their time, money, and other resources. So how do you improve complex global supply chains when there are so many opportunities for improvement and also so many possible global threats? You guessed it. Organizations are turning to data and automation, and specifically, they're counting on supply chain analytics professionals to secure and improve their global supply chains. Hi, my name is Eddie Davila. I've taught supply chain management to thousands of students and executives around the world for more than two decades, and I've developed courses in statistics foundations. And I can tell you that right now, top executives around the world want people, lots of people, with a diverse supply chain analytics skillset. This course will be your first step in becoming a highly coveted supply chain analytics professional. So join me on this ride into the future. A future made better with the power of supply chain analytics.
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