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.
Supply Chain Planning
Supply Chain Planning
This course is part of Leverage Data Science for a More Agile Supply Chain Specialization
Instructor: Paul Jan
Sponsored by PTT Global Chemical
11,051 already enrolled
Gain insight into a topic and learn the fundamentals.
4.5
(193 reviews)
Intermediate level
Recommended experience
5 hours to complete
3 weeks at 1 hour a week
Flexible schedule
Learn at your own pace
What you'll learn
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.
Skills you'll gain
Details to know
Shareable certificate
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Assessments
4 assignments
Taught in English
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This course is part of the Leverage Data Science for a More Agile Supply Chain Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 4 modules in this course
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.
What's included
2 videos2 readings1 assignment1 discussion prompt
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.
What's included
1 video3 readings1 assignment1 discussion prompt
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.
What's included
1 video2 readings1 assignment1 discussion prompt
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.
What's included
1 video1 reading1 assignment1 discussion prompt
Instructor
Instructor ratings
4.3 (61 ratings)Offered by
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4.5
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Showing 3 of 193
BW
4
Reviewed on Jul 9, 2023
Overall provided a solid foundation for data-driven forecasting and planning principles for supply chain (Demand and Supply).
AJ
5
Reviewed on Sep 10, 2023
The course lasts for a maximum of one hour and covers the fundamentals of demand and supply planning.
MK
4
Reviewed on Sep 11, 2023
The course was good but it should be more detailed. It should cover more aspects of Supply Planning but overall a good experience.
Recommended if you're interested in Business
Starweaver
University of Colorado System
University of Virginia Darden School Foundation
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