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Supply Chain Discussions

MDI Murshidabad | Supply Chain Analytics Career Live Session by Alvis Lazarus

Let's start with the market size of Supply Chain Analytics. In general let me put that as an Analytics as a global market is expected to reach around 16 to 20 billion US Dollars by end of 2024 and with the cagr of around 16 to 17%. In nutshell it tells this an analytics sector overall having a huge potential and it is going in the right direction. But if you see the summary in terms of how I ended the video session an Analytics has a great future but only Analytics doesn't have a great future.

WeSchool (Welingkar Institute of Management) Supply Chain Analytics Career Session by Alvis Lazarus

WeSchool (Welingkar Institute of Management) Supply Chain Analytics Career Session by Alvis Lazarus

I am going to explain to you how Analytics plays a crucial role here. So this is a very quick schematic diagram of what happens in a Supply Chain. If you see there is a set of Supply planning and demand planning. This is a planning side of the supply chain which then feeds this demand into the engine.

Supply Chain Best Practices Post Covid-19 | Insights by Alvis Lazarus | Amity Global Business School