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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf StudyVideo and Text Based

Course Overview

This Modelling And Analytics For Supply Chain Management Online Course centers around the utilization of logical strategies for deciding effective solutions for issues related to supply networks thinking about the limitations of demand and supply. The course focuses on the utilization of advanced procedures for limit allotment and assessment of production network plan choices under vulnerability and facility location.

The destination of the Modelling And Analytics For Supply Chain Management Training course is to comprehend the idea of supply networks, the objective of supply networks, and clarify the effect of supply chain choices with respect to the achievement of a firm. The course will provide the candidate in-depth knowledge about the concept of safety stock within inventory management under uncertainty.

The Modelling And Analytics For Supply Chain Management Programme will have two instructors  Prof. Anupam Ghosh and  Prof. Kunal Kanti Ghosh a faculty member of IIT Kharagpur. They will deliver the lectures and be a mentor to the students. The programme offered by Swayam is completely free to pursue.

The Highlights

  • Instructors from IIT Kharagpur 
  • E-certificate 
  • Postgraduate level 
  • Free course
  • Course type elective
  • Online learning
  • Self paced learning
  • 12 weeks of course duration
  • Certified course by Swayam 
  • Certificate of completion from IIT Kharagpur and NPTEL

Programme Offerings

  • video lectures
  • Readings
  • assessment
  • Quiz
  • tests
  • audio lectures
  • Online discussion forum
  • references
  • Books

Courses and Certificate Fees

Fees InformationsCertificate AvailabilityCertificate Providing Authority
INR 1000yesIIT Kharagpur
  • The Modelling And Analytics For Supply Chain Management Fees is nil which means candidates need not pay any amount for pursuing the programme.
  • The candidate has to pay an exam fee for the programme that is Rs.1,000

Modelling And Analytics For Supply Chain Management Fees details

Fee structure

Amount in Rs.

Exam Fee

Rs. 1,000

Programme Fees

Free 

 


Eligibility Criteria

Certification Qualifying Details

The Modelling And Analytics For Supply Chain Management Certification will be awarded to candidates who will appear for a final end-term proctored examination once the programme completes. It is essential for candidates to achieve a minimum of 25% in assignments and 75% in the examination. The learner who will not adhere to the guidelines and requirements will not be provided with a certificate of completion.

What you will learn

Supply Management

The applicant in this course will learn and build up their comprehension on the topic referenced underneath after the Modelling And Analytics For Supply Chain Management Certification course completion: 

  • The candidate will learn about the utilization of logical strategies for deciding effective solutions for issues related to supply networks thinking about the limitations of demand and supply.
  • The student will be able to know the assessment of production network plan choices under vulnerability and facility location. 
  • They will learn about the MILP formulation and the foreign exchange risks.
  • The student will be able to understand transportation modeling and analytics.
  • The participant will become familiar with the performance measures for efficiency and effectiveness. 
  • They will learn the skill to optimize the non-linear warehouse space allocation.
  • The learner will get to understand the elementary concepts related to inventory management.

Who it is for

The Modelling And Analytics For Supply Chain Management Training course can be taken by the student mentioned below:

  • Candidate from Industrial and systems engineering, Mechanical engineering, Management and related field can take up this course.

Admission Details

The candidate has to follow these below discussed steps to take admission in the Modelling And Analytics For Supply Chain Management Online Course:

Step1. Click on the below-given link below to direct yourself to the course portal https://onlinecourses.nptel.ac.in/noc23_mg53/preview

Please note: Right now the enrollment process is closed. The course is ongoing. Candidates can apply and register once the enrollment opens. 

The Syllabus

Introduction to Modeling and Analytics in Supply Networks
  • Introduction to Supply Network
  • Performance Measures for Efficiency and Effectiveness
  • SCOR model
  • Strategic Fit and Scope
  • Types of Distribution Networks
  • Analytics in Management
  • Design of Distribution Networks

Supplier Selection Analytics
  • Linear Programming
  • Rating method
  • Ranking method
  • Borda Count
  • Clustering
  • Goal Programming and related multi-criterion decision making (MCDM) techniques

Transportation Modeling and Analytics
  • Transportation models
  • Route planning
  • Transshipment
  • Shipment schedule
  • Flow path optimization.

Warehousing Modeling and Analytics
  • Warehouse location problem
  • MILP formulation
  • Location with foreign exchange risks
  • Space calculation for warehouse
  • Non-linear optimization for warehouse space allocation

Strategic Performance Improvement
  • Data Envelopment Analysis for competitive comparisons among multiple warehouses
  • Service units and formulation of strategic action plans for improving the efficiencies of non-performing DMUs
  • Stochastic Frontier Analysis.

Inventory Analytics - I
  • Elementary Concepts related to Inventory Management
  • Economic Order Quantity (Instantaneous Replenishment)
  • Economic Production Lot Size
  • Inventory Model with Planned Shortages (Back-Orders)
  • Inventory Management under Uncertainty – Concept of Safety Stock
  • Continuous Review System
  • Periodic Review System

Inventory Analytics - II
  • Newsvendor Model
  • Performance Measures: Expected Lost Sales, Expected Sales, Expected Leftover Inventory, Expected Profit, Fill Rate, In-Stock Probability, and Stock-Out Probability

Inventory Analytics - III
  • Choosing an Order-up-to Level to Meet a Target Service Level
  • In-Stock Probability
  • Desired Fill-Rate

Inventory Analytics - IV
  • Assemble-to-Order
  • Make-to-Order and Quick Response with Reactive Capacity
  • Reducing Mismatch Costs with Make-To-Order

Modeling Coordination in Supply Chains
  • Information Distortion in Supply Network and Bull-Whip Effect
  • Coordination and collaboration modeling in supply networks

Risk Analytics in Supply Network Design
  • Mapping the riskiness profile of a country
  • Taxation
  • Mapping the riskiness profile of possible international routes
  • Designing the route plan based on riskiness profile

Design and Modeling the global supply chain
  • Design and optimization of global supply chain networks
  • Multi-period supply chain network design

Instructors

IIT Kharagpur Frequently Asked Questions (FAQ's)

1: Who is offering this online course to the candidate?

The course is offered by the Swayam, an Indian government programme launched to provide education for free to the candidate.

2: In how many swayam courses can candidates enroll themselves?

The candidate can get enrolled themselves in many courses at the same time there is no restriction on the number of courses a candidate can access.

3: What is the medium of teaching in this course?

All the courses in Swayam are taught online, the medium of teaching will be online in the entire course duration.

4: What are the course timing and the duration of the programme?

The course is a self-paced course in which candidates can study according to their time convenience and the duration of the course is 12 weeks.

5: What are the fees for the final examination for Modelling And Analytics For Supply Chain Management online course?

Rs.1,000 is the Modelling And Analytics For Supply Chain Management Fees for appearing in the proctored exam.

6: Who will be the mentor of the programme?

There are two instructors in this course to guide the candidate; they are the faculty member of IIT Kharagpur, Prof. Anupam Ghosh, and Prof. Kunal Kanti Ghosh to guide the students in the course.

7: Is there any amount required to be paid to access the course of Modelling And Analytics For Supply Chain Management certification Syllabus?

No, there is no amount needed to be paid for accessing the course content. The course is free of cost.

8: Where will be the exam conducted online or offline?

The candidate has to visit the nearest exam centre to give the examination. The mode of examination will be offline.

9: What is special about the course certificate?

The course certificate will help the candidate in upgrading their resume or CV. It will showcase logos of IIT Kharagpur and NPTEL.

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