Certified SCM and Logistics Analytics Professional

Course details

Analytics is the process of data collation, processing, analysis and interpretation to gain insights and have better decision making. Increased competition has put more focus on optimizing business processes and make informed business decisions. Analytics provide informed insights for effective decision making by data collation processing and analysis.

SCM and Logistics analytics helps in understanding the effectiveness of processes in supply chain management and logistics. It also helps in focusing factors which can help optimize logistics network, distribution, freight management, demand forecasting, time compression and order management

The course covers

• Basics of Analytics and statistics 
• Using MS-Excel for analytics
• Supply Chain Modeling and Design
• Logistics Network Planning
• Demand Forecasting
• Distribution and Freight Management
• Logistics and SCM Costing
• Logistics and SCM Optimization
• Order Management

Why should I take SCM and Logistics Analytics Certification?
This course is intended for Logistics and SCM professionals, managers, Logistics and SCM consultants and graduates wanting to excel in Logistics and SCM analytics. It is also well suited for those who are already working and would like to take certification for further career progression.

Earning Vskills Certified Logistics and SCM Analytics Professional Certification can help candidate differentiate in today's competitive job market, broaden their employment opportunities by displaying their advanced skills, and result in higher earning potential.

How will benefit from taking this Certification?
Job seekers looking to find employment in Logistics, SCM, 3PL, store or inventory departments of various companies, students generally wanting to improve their skill set and make their CV stronger and existing employees looking for a better role can prove their employers the value of their skills through this certification.
 
Benefits of Certification

• Government certification
• Certification valid for life
• Lifelong e-learning access
• Learning Hours: 15+ hrs

 
How It Works

1. Select Certification & Register
2. Receive Online e-Learning Access (LMS)
3. Take exam online anywhere, anytime
4. Get certified & Increase Employability

Test Details

• Duration: 60 minutes
• No. of questions: 50
• Maximum marks: 50, Passing marks: 25 (50%).
• There is NO negative marking in this module.
• Online exam.

 
TABLE OF CONTENT

Analytics Introduction

• Evolution and Scope
• Data Management and Types
• Decision Models
• Problem Solving and Decision Making

Using Spreadsheets for Analytics

• Excel Formulas
• Excel Functions
• Spreadsheet Add-Ins
• What is Spreadsheet Modeling

Visualizing Data in Spreadsheets

• Excel Data Visualization Tools
• Data Queries in Excel
• Data Summarization in Excel
• PivotTables and Pivot Charts

Descriptive Statistical Measures

• Statistical Notation
• Measures of Location
• Measures of Dispersion
• Measures of Shape
• Measures of Association
• Frequency Distributions
• Excel Descriptive Statistics Tools

Probability Distributions

• Probability Basics
• Discrete Probability Distributions
• Continuous Probability Distributions
• Distribution Fitting

Sampling and Estimation

• Sampling Methods
• Statistical Sampling
• Sampling Distributions
• Estimation
• Interval Estimates
• Confidence Intervals
• Prediction Intervals

Statistical Inference

• Hypothesis Testing
• One-Sample Hypothesis Tests
• Two-Sample Hypothesis Tests
• ANOVA

Regression Analysis

• Simple Linear Regression
• Residual Analysis and Regression Assumptions
• Multiple Linear Regression
• Regression with Categorical Independent Variables
• Regression Models with Nonlinear Terms

Introduction to Logistics

• Concepts of Logistics
• Logistics Processes
• Logistics Intermediaries
• Integrated Logistics

Supply Chain Management

• Supply Chain Basics
• The Bullwhip Effect
• Global Supply Chain Management
• SCOR Model

Logistics and SCM Theories 

• Systems Approach
• Resource-Based View Theory
• Knowledge-based view (KBV)
• Strategic Choice theory (SCT)
• Principle Agency theory (PAT)
• Systems theory (ST)
• Transaction Cost Economics
• Game Theory
• Available-to-promise (ATP)
• Theory of Constraints

Supply Chain Modeling

• Deterministic Analytical Models
• Stochastic Analytical Models
• Economic Models
• Simulation Models

Supply Chain Strategic Management

• Strategic Management Processes
• Supply Chain Strategy
• Environmental Analysis
• Pestle Analysis
• SWOT Analysis
• Value Chain Analysis
• Competitor Analysis

Supply Chain Design

• Supply Chain Decision Phases
• Supply Chain Process View
• Achieving Strategic Fit
• Supply Chain Segmentation
• Aggregate Planning
• Planning Strategies

Logistics Network Planning

• What is Logistics Network Design
• Design Issue and Data
• Distribution Centres and Warehouses
• Modeling Techniques
• Logistics Network Design Process

Demand Management

• Introduction
• Demand Forecasting

Distribution and Freight Management

• Central Place Theory
• Unit Load Concept
• Reducing Freight Costs
• Freight Costing
• Freight Routing and Scheduling

Logistics and SCM Costing

• What is Cost
• Fixed and Variable Costs
• Cost Analysis
• SCM Costing
• What are Logistics Costs
• Logistics Costs Types
• Logistics Cost Analysis and Approaches
• Activity-based costing (ABC)
• Target Costing
• Logistics Cost Analysis Formulas

Logistics and SCM Optimization

• What is optimization
• Business Process Optimization
• Modeling and Optimization
• Logistics Problems
• Logistics Optimization
• Supply Chain Optimization
• Time Compression

Advanced Analytics

• Capacity Analysis
• Order Management
• Spend Analysis
• Prescriptive Analytics
• Cognitive Analytics

Updated on 18 December, 2023