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.
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.
How to build a Supply Chain analytics career', just reading the topic itself, we will get excited. Before going to the main topic, first we will see the 'Basic of Supply Chain analytics' and 'How you can make this a great career for yourself'.
You can also listen to the case explanation at https://www.youtube.com/watch?v=zphztZi80M0 More Live projects, discussions and Solutions can be accessed at: https://www.youtube.com/playlist?list=PLyhS1UgvjTvCX37shyW1GhbztvmAfp1V1 Details about the Live Project Case study: The Sales data in spreadsheet has to be downloaded at https://supplychainway.com/warehouse-layout-operations-design/ You can also download the full case study as a Pdf at the following link: https://supplychainway.com/warehouse-layout-operations-design/ […]
Analytics has a Great Future! Analytic alone does not have a Great Future! Hear me explain this clearly for you which would bring clarity and would shape up your career in Analytics.