Supply Chain Management Analytics

Harness Data To Optimize Inventory

Get Your Brochure

Course Dates

STARTS ON

September 8, 2022

Course Duration

DURATION

6 weeks, online
4–6 hours per week

Course Fee

Why Supply Chain Management Analytics? Why Now?

The value of Supply Chain Management Analytics runs deep, and its applications are endless. Enabling organizations to reduce costs, refine planning, and improve decision making, data holds the power to transform the efficiency of an organization’s supply chain. Consider the following insights gathered by McKinsey & Company after the onset of the global pandemic:

93%

planned to make their supply chains more flexible, agile, and resilient

90%

planned to increase digital supply chain talent in-house

54%

expected changes to supply chain planning

That’s why it shouldn’t come as a surprise that the value of the big-data supply chain analytics market is predicted to increase from US$3.55 billion in 2020 to US$9.28 billion in 2026 at a compound annual growth rate (CAGR) of 17.31 percent, according to Mordor Intelligence.

Key Takeaways

Wharton’s Supply Chain Management Analytics program gives you a unique view into the workings of the supply chain and imparts future-forward strategies for supply chain success, all in a convenient online format. This six-week program will enable you to:

  • Understand the roles of the supply chain and supply chain analytics in improving an organization's operational efficiency
  • Learn how to use the newsvendor formula to evaluate an organization's supply chain and understand how it responds to market demands
  • Understand the role of demand forecasting in supply chain management
  • Discover methods of minimizing inventory, making better forecasts, improving revenue, and reducing costs and waste
  • Examine the role of network design in supply chain management and learn analytical techniques for optimizing efficiency
  • Unlock data-driven approaches to machine learning for supply chain management
  • Pinpoint an opportunity for improvement and apply program strategies to reimagine your organization’s supply chain management

Who Is This Program For?

Any operations professional concerned with creating efficiency for their organization — and promoting their career — will realize value from this program. Through the intensive six-week curriculum, you will discover the vital connection between the supply chain and organizational success and how developing a proficiency in supply chain analytics can help propel your career into the future.

This program will be particularly beneficial for:

  • Mid-career professionals in operations-management roles with a focus on areas such as supply chain management, manufacturing, and logistics who are interested in refining their skill set and moving to the forefront of the field
  • Analysts working in areas such as retail, manufacturing, apparel, and fast-moving consumer goods who wish to build on their existing skill set and advance their career
  • Senior leaders or heads of operations who seek to adopt an analytical mindset to improve supply chain efficiency and achieve better business outcomes
  • Supply chain consultants who are interested in using innovative analytical tools and techniques for creating end-to-end supply chain solutions for their clients

*Functional knowledge of probability, statistics, and linear algebra is required to get full value out of the program. Knowledge of R or the Python programming language is beneficial but not required.

Innovative Frameworks

This program is built around a number of frameworks that will help provide meaningful structure to your organization’s supply chain data.

  • Strategic fit framework
  • Newsvendor model
  • Economic order quantity (EOQ)
  • Forecasting models
  • Decision trees

Program Experience

Live teaching session

Live teaching session

Frameworks

Frameworks

Industry examples

Industry examples

Assignments

Assignments

Interactive discussions

Interactive discussions

Knowledge checks

Knowledge checks

Polls

Polls

Capstone project

Capstone project

Program Topics

The program follows a carefully curated curriculum that progresses through a series of six modules from developing a foundational understanding of supply chain analytics to addressing specific challenges encountered in the supply chain.

Module 1:

Introduction to Supply Chain Management Analytics

Without Supply Chain Management Analytics, data is just numbers. Supply chain analytics gives form — and meaning — to data, allowing organizations to develop an up-to-the-minute understanding of their supply chain’s health. During the first week, you will learn the importance of supply chain analytics and explore the fundamental elements of the supply chain, including its role, impact, and key challenges.

Module 2:

A Basic Supply Chain Management Analytics Model

Learn the core components of an efficient supply chain model and explore potential solutions to navigate through uncertainty. Then, take an in-depth look at the newsvendor model, a mathematical model used in operations management to determine optimal inventory levels.

Module 3:

Demand Analytics

Relying on a combination of historical information, insights, and market intelligence about the future, forecasting enables organizations to build and maintain efficient supply chains. In this you will learn about the different methods of forecasting, review best-in-class examples, and apply the methods you’ve learned to see how forecasting informs the decision-making process.

Module 4:

Inventory Analytics

Organizations must avoid out-of-stock merchandise, back orders, and delivery delays to remain competitive and respond to demand. Develop a thorough understanding of inventory decisions in the supply chain and the role that analytics plays. Review examples and use them to put optimization methods to the test.

Module 5:

Network Design in Supply Chain

Learn about network design, the role it plays in supply chain analytics, and the factors affecting network design decisions. Then, run an optimization model to polish your decision-making skills.

Module 6:

Machine Learning Applications for Supply Chain

Examine current machine learning trends and learn what’s next for the supply chain. In addition, take a closer look at an important application of machine learning — forecasting.

Module 1:

Introduction to Supply Chain Management Analytics

Without Supply Chain Management Analytics, data is just numbers. Supply chain analytics gives form — and meaning — to data, allowing organizations to develop an up-to-the-minute understanding of their supply chain’s health. During the first week, you will learn the importance of supply chain analytics and explore the fundamental elements of the supply chain, including its role, impact, and key challenges.

Module 4:

Inventory Analytics

Organizations must avoid out-of-stock merchandise, back orders, and delivery delays to remain competitive and respond to demand. Develop a thorough understanding of inventory decisions in the supply chain and the role that analytics plays. Review examples and use them to put optimization methods to the test.

Module 2:

A Basic Supply Chain Management Analytics Model

Learn the core components of an efficient supply chain model and explore potential solutions to navigate through uncertainty. Then, take an in-depth look at the newsvendor model, a mathematical model used in operations management to determine optimal inventory levels.

Module 5:

Network Design in Supply Chain

Learn about network design, the role it plays in supply chain analytics, and the factors affecting network design decisions. Then, run an optimization model to polish your decision-making skills.

Module 3:

Demand Analytics

Relying on a combination of historical information, insights, and market intelligence about the future, forecasting enables organizations to build and maintain efficient supply chains. In this you will learn about the different methods of forecasting, review best-in-class examples, and apply the methods you’ve learned to see how forecasting informs the decision-making process.

Module 6:

Machine Learning Applications for Supply Chain

Examine current machine learning trends and learn what’s next for the supply chain. In addition, take a closer look at an important application of machine learning — forecasting.

Download Brochure

Industry Examples

Enhance your understanding of supply chain analytics through examples from world-class brands, and learn from their triumphs and failures.

Image of a human holding a mobile phone watching netflix to potray the netflix case study

Netflix

Image of a person filling wine in a glass to potray Le club Francais du vin case study

Le Club Français du Vin

Image of a hand holding a compact disk to potray the redbox case study

Redbox

Image of a person unboxing a parcel to potray the amazon case study

Amazon

Program Faculty

Profile image of the program faculty, Gad Allon

Gad Allon, PhD

Jeffrey A. Keswin Professor; Professor of Operations, Information and Decisions; Director, Jerome Fisher Program in Management & Technology, the Wharton School

Professor Allon’s research focuses on operations management with an emphasis on service operations and operations strategy. Specifically, his research concerns models of information sharing among organizations and customers — both in service and retail settings — and competition models in the service industry. His work has been published in leading journals, including Management Science, Manufacturing and Service Operations Management, and Operations Research. More info

Certificate

Example image of certificate that will be awarded once you successfully complete the course

Certificate

Upon successful completion of the program, you will earn a digital certificate of completion from the Wharton School.

Download Brochure

Note: After successful completion of the online program, your verified digital certificate will be emailed to you in the name you used when registering for the program. All certificate images are for illustrative purposes only and may be subject to change at the discretion of the Wharton School.

Explore other recommended programs from Wharton Executive Education

  • Global Supply Chain Management Program
    6 Weeks, Online
    Gain a comprehensive understanding of effective global supply chain models and learn strategies and frameworks to revolutionize your organization's supply chain.
    Learn more

FAQs

  • How do I know if this program is right for me?

    After reviewing the information on the program landing page, we recommend you submit the short form above to gain access to the program brochure, which includes more in-depth information. If you still have questions on whether this program is a good fit for you, please email learner.success@emeritus.org,and a dedicated program advisor will follow-up with you very shortly.


    Are there any prerequisites for this program?

    Some programs do have prerequisites, particularly the more technical ones. This information will be noted on the program landing page, as well as in the program brochure. If you are uncertain about program prerequisites and your capabilities, please email us at learner.success@emeritus.org for assistance.


    Note that, unless otherwise stated on the program web page, all programs are taught in English and proficiency in English is required.


    What is the typical class profile?

    More than 50 percent of our participants are from outside the United States. Class profiles vary from one cohort to the next, but, generally, our online certificates draw a highly diverse audience in terms of professional experience, industry, and geography — leading to a very rich peer learning and networking experience.


    What other dates will this program be offered in the future?

    Check back to this program web page or email us at learner.success@emeritus.org to inquire if future program dates or the timeline for future offerings have been confirmed yet.

  • How much time is required each week?

    Each program includes an estimated learner effort per week. This is referenced at the top of the program landing page under the Duration section, as well as in the program brochure, which you can obtain by submitting the short form at the top of this web page.



    How will my time be spent?

    We have designed this program to fit into your current working life as efficiently as possible. Time will be spent among a variety of activities including:



    • Engaging with recorded video lectures from faculty
    • Attending webinars and office hours, as per the specific program schedule
    • Reading or engaging with examples of core topics
    • Completing knowledge checks/quizzes and required activities
    • Engaging in moderated discussion groups with your peers
    • Completing your final project, if required

    The program is designed to be highly interactive while also allowing time for self-reflection and to demonstrate an understanding of the core topics through various active learning exercises. Please contact us at learner.success@emeritus.org if you need further clarification on program activities.



    What is it like to learn online with the learning collaborator, Emeritus?

    More than 250,000 professionals globally, across 80 countries, have chosen to advance their skills with Emeritus and its educational learning partners. In fact, 90 percent of the respondents of a recent survey across all our programs said that their learning outcomes were met or exceeded.

    A dedicated program support team is available 24/5 (Monday to Friday) to answer questions about the learning platform, technical issues, or anything else that may affect your learning experience.


    How do I interact with other program participants?

    Peer learning adds substantially to the overall learning experience and is an important part of the program. You can connect and communicate with other participants through our learning platform.

  • What are the requirements to earn the certificate?

    Each program includes an estimated learner effort per week, so you can gauge what will be required before you enroll. This is referenced at the top of the program landing page under the Duration section, as well as in the program brochure, which you can obtain by submitting the short form at the top of this web page. All programs are designed to fit into your working life.

    This program is scored as a pass or no-pass; participants must complete the required activities to pass and obtain the certificate of completion. Some programs include a final project submission or other assignments to obtain passing status. This information will be noted in the program brochure. Please contact us at learner.success@emeritus.org if you need further clarification on any specific program requirements.


    What type of certificate will I receive?

    Upon successful completion of the program, you will receive a smart digital certificate. The smart digital certificate can be shared with friends, family, schools, or potential employers. You can use it on your cover letter, resume, and/or display it on your LinkedIn profile.
    The digital certificate will be sent approximately two weeks after the program, once grading is complete.


    Can I get the hard copy of the certificate?

    No, only verified digital certificates will be issued upon successful completion. This allows you to share your credentials on social platforms such as LinkedIn, Facebook, and Twitter.


    Do I receive alumni status after completing this program?

    No, there is no alumni status granted for this program. In some cases, there are credits that count toward a higher level of certification. This information will be clearly noted in the program brochure.


    How long will I have access to the learning materials?

    You will have access to the online learning platform and all the videos and program materials for 12 months following the program start date. Access to the learning platform is restricted to registered participants per the terms of agreement.

  • What equipment or technical requirements are there for this program?

    Participants will need the latest version of their preferred browser to access the learning platform. In addition, Microsoft Office and a PDF viewer are required to access documents, spreadsheets, presentations, PDF files, and transcripts.


    Do I need to be online to access the program content?

    Yes, the learning platform is accessed via the internet, and video content is not available for download. However, you can download files of video transcripts, assignment templates, readings, etc. For maximum flexibility, you can access program content from a desktop, laptop, tablet, or mobile device.

    Video lectures must be streamed via the internet, and any livestream webinars and office hours will require an internet connection. However, these sessions are always recorded, so you may view them later.

  • Can I still register if the registration deadline has passed?

    Yes, you can register up until seven days past the published start date of the program without missing any of the core program material or learnings.


    What is the program fee, and what forms of payment do you accept?

    The program fee is noted at the top of this program web page and usually referenced in the program brochure as well.

    • Flexible payment options are available (see details below as well as at the top of this program web page next to FEE).
    • Tuition assistance is available for participants who qualify. Please email learner.success@emeritus.org.

    What if I don’t have a credit card? Is there another method of payment accepted?

    Yes, you can do the bank remittance in the program currency via wire transfer or debit card. Please contact your program advisor, or email us at learner.success@emeritus.org for details.


    I was not able to use the discount code provided. Can you help?

    Yes! Please email us at learner.success@emeritus.org with the details of the program you are interested in, and we will assist you.


    How can I obtain an invoice for payment?

    Please email learner.success@emeritus.org with your invoicing requirements and the specific program you’re interested in enroling in.


    Is there an option to make flexible payments for this program?

    Yes, the flexible payment option allows a participant to pay the program fee in installments. This option is made available on the payment page and should be selected before submitting the payment.


    How can I obtain a W9 form?

    Please email us at learner.success@emeritus.org for assistance.

  • What is the policy on refunds and withdrawals?

    You may request a full refund within seven days of your payment or 14 days after the published start date of the program, whichever comes later. If your enrolment had previously been deferred, you will not be entitled to a refund. Partial (or pro-rated) refunds are not offered. All withdrawal and refund requests should be sent to admissions@emeritus.org.



    What is the policy on deferrals?

    After the published start date of the program, you have until the midpoint of the program to request to defer to a future cohort of the same program. A deferral request must be submitted along with a specified reason and explanation. Cohort changes may be made only once per enrolment and are subject to availability of other cohorts scheduled at our discretion. This will not be applicable for deferrals within the refund period, and the limit of one deferral per enrolment remains. All deferral requests should be sent to admissions@emeritus.org.

Apply Now

Early registrations are encouraged. Seats fill up quickly!

Flexible payment options available. Learn more.