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via Udemy |
Go to Course: https://www.udemy.com/course/supply-chain-concepts-performance-management/
Certainly! Here's a comprehensive review and recommendation for the Coursera course: --- **Course Title:** Supply Chain KPI Metrics & Analytics: A Comprehensive Guide! **Overview:** For professionals and students eager to excel in the supply chain domain, *Supply Chain KPI Metrics & Analytics* offers an in-depth, well-structured introduction to essential performance metrics and analytics. This course is exceptionally suitable for supply chain practitioners, management students, and anyone interested in mastering the technical and functional aspects of supply chain management. **Course Content and Highlights:** This course stands out by focusing on 16 critical KPI metrics, including Forecast Error, On-Time Delivery, Inventory Turnover, and GMROI. It meticulously explains each metric’s meaning, ideal benchmarks, calculation methods, and real-world examples, making it immensely practical. In addition to KPI analysis, the course provides valuable study handouts covering foundational topics such as Operations Management, Materials Management, Production Planning, and Inventory Control, which are vital for comprehensive supply chain understanding. The curriculum encompasses: - Fundamentals of supply chain and operations management - Detailed insights into materials planning, scheduling, and inventory management - Deep dives into procurement, logistics, transportation, and warehousing - The role of IT in enhancing supply chain efficiency **Strengths:** - **Practical Focus:** Clear explanations of KPI metrics with calculations and examples make complex concepts accessible. - **Comprehensive Content:** Covers a wide array of supply chain topics, relevant for both beginners and experienced professionals. - **Expertly Designed:** Developed by industry experts, ensuring relevance and accuracy. - **Supplemental Resources:** Provides study handouts for further reference and self-study. **Who Should Enroll:** - Supply chain professionals seeking to improve their KPI analysis skills - Management students aiming to build a solid foundation in supply chain metrics - Managers and decision-makers looking to implement data-driven improvements **Recommendation:** I highly recommend *Supply Chain KPI Metrics & Analytics: A Comprehensive Guide!* to anyone looking to deepen their understanding of supply chain performance measurement. Whether you're aiming to optimize your company’s supply chain or build a career in logistics, this course offers valuable insights that are applicable globally. Its practical approach to metrics calculation and real-world examples make it an invaluable resource for enhancing analytical skills in supply chain management. --- Feel free to ask if you'd like a more personalized review or additional details!
This Course has been designed for Supply chain professionals and Management students who are willing to make their career in related Supply chain area. This course has outlined entire concepts of Supply chain that clears basics and more focus has been given on technical and functional understanding of supply chain. This course outlines below 16 KPI Metrics, their meaning, Ideal state, measurement & Calculation with examples.1. Forecast Error2. Forecast Accuracy3. On time Delivery (OTD)4. Order & Documentation Accuracy Rate5. % of Sales lost due to supply issues6. Cash to cash cycle7. Inventory days of supply8. Inventory Turnover9. Days on Hand (DOH)10. Inventory Accuracy11. Gross Margin return on Inventory Management (GMROI)12. Excess & Obsolete Inventory (E & O)13. Undamaged Supplier Shipment rate14. Distribution Expense15. Warehouse Capacity Used16. Material Handling damage Course Also provides study Handouts for self study in different domains like- Operations Management and Supply Chain Management Basics- Materials Management - Production Planning and Control with different types of planning methods + Static vs. Dynamic Planning- Master Production Schedule - Outlines Brief of how MPS works in detail, Concepts like Available to Promise and Time fences are well explained. - Sales and Operations Planning - Basics, S & OP Process, Guidelines on How to setup S & OP.- Material Requirement Planning & Distribution Resource Planning - Brief details on How MRP runs with inputs and outputs, DRP Functions and Difference between MRP and DRP- Inventory Management - Inventory Management methods, Selective inventory control techniques, Multiple replenishment planning methods like VMI, Kanban, Safety stock, Min Max.Concepts like inventory turns, Days of sales, EOQ Model, E & O, Inventory cost types, - Purchasing & Procurement - Purchasing and Procurement in detail and their difference, Purchasing cycle, RFX's- Logistics Management, Transportation, Warehousing and Packaging - Incoterms- Role of IT in SCM.After understanding all these concepts one must be able to integrate and understand metrices to measure supply chain. This course outlines 16+ Key metrices that are globally known and used with their calculation , examples and measurement benefits.All these concepts are well designed by our SCM experts and made available as a handout for reference.