Supply Chain Planning

University of California, Irvine via Coursera

Go to Course: https://www.coursera.org/learn/supply-chain-planning

Introduction

Describe how demand planning, supply planning, and constrained forecast are associated with one another.

Use Excel to analyze historical data to quantify future needs.

Measure and quantify results for improvement.

Syllabus

Demand Planning

Welcome to Module 1, Demand Planning. In this module, we will explore demand planning, how to identify influencing factors, how to differentiate between the three simple statistical forecast types, and how to compute a few forecast values.

Supply Planning

Welcome to Module 2, Supply Planning. In this module, we will discuss the basics of supply planning, how to confirm internal & external capacity, how to confirm material availability, and the importance of communication and data sharing to supply planning.

Constrained Forecast

Welcome to Module 3, Constrained Forecast. In this module, we will discuss constrained forecasts and consensus meetings. Specifically, we will cover the purpose and creation of constrained forecasts and how consensus meetings are utilized to reach organizational goals.

Measure Results

Welcome to Module 4, Measure Results. In this module, we will discuss measuring results through collecting actual performance results and calculating forecast errors. Specifically, we will discuss the purpose of measuring results, the types of metrics used when measuring results, and common error measurements and their advantages and disadvantages.

Overview

Supply chain planning is an important activity in any supply chain. This is where organizations get an idea of the upcoming demand, realize if they have the capacity to meet the demand, and determine how to realize these demands. In this course, we will explore how to use data science to conduct demand and supply planning, how to constrain the forecast, and how to measure the results. As we walk through this process, we will also explore how to use Excel to quantify each step.

Skills

Business Analysis Data Analysis Supply Chain Systems Planning

Reviews

Good. easy to understand. Have essential value in working

The Course Materials are detailed which is very useful for understanding.

The course was good but it should be more detailed. It should cover more aspects of Supply Planning but overall a good experience.

Great course to learn about statistics, really learned and enjoyed new concepts and about supply chain management

Overall provided a solid foundation for data-driven forecasting and planning principles for supply chain (Demand and Supply).