Supply Chain Analytics

AY2020/2021 Semester 2

Supply chain analytics is a set of approaches utilized to efficiently integrate suppliers, manufacturers, warehouses and stores and to efficiently manage material, information and financial flows so that merchandise is produced and distributed at the right quantities, to the right locations, and at the right time, in order to maximize system-wide surplus or value. It plays an important role in today's global economy, because efficient supply chains not only make companies more profitable but also allow customers to receive better products at lower prices. For business and technology management students, it becomes critical to have a good understanding of supply chains and its vital role as a source of both performance improvement and business innovation.