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Supply Chain Analytics

Supply Chain Management and Procurement October 25, 2025
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Introduction

This course equips supply chain professionals with the essential analytical and data visualization skills to transform raw data into actionable insights and strategic decisions. As supply chains become more complex, the ability to rapidly analyze vast datasets is paramount for optimizing inventory, forecasting demand, and identifying operational bottlenecks. Participants will master key statistical concepts, data modeling techniques, and reporting best practices using industry-standard tools. This training is crucial for those who must quantify performance, predict future trends, and justify investment decisions based on rigorous, data-driven evidence.

Objectives

Upon completion of this course, participants will be able to:

  • Define the landscape of supply chain data (structured, unstructured) and its visualization needs.
  • Apply fundamental statistical techniques for data description, correlation, and hypothesis testing.
  • Master techniques for measuring and interpreting key supply chain metrics (KPIs) and their correlations.
  • Utilize data modeling to perform **What-If Analysis** and sensitivity testing for inventory or logistics decisions.
  • Develop and present clear, compelling data visualizations and dashboards for executive reporting.
  • Identify data integrity issues (cleansing, standardization) and establish data governance standards.
  • Apply basic predictive analytics (e.g., regression) to demand forecasting and lead time estimation.
  • Use data to diagnose root causes of performance failures (e.g., stockouts, delivery delays).

Target Audience

  • Supply Chain Analysts and Data Specialists
  • Inventory and Demand Planners
  • Logistics and Warehouse Performance Managers
  • Procurement Analysts focusing on spend and supplier data
  • IT Professionals supporting SCM data warehouses
  • Operations Managers who require data-driven insights

Methodology

  • Hands-on practical exercises using industry-standard tools (e.g., Excel/Power BI) for data manipulation and visualization.
  • Group activity: developing a complete performance dashboard and presenting the findings to the class.
  • Individual exercise: performing a detailed root cause analysis on a series of historical stockout events.
  • Workshop on building a simple linear regression model for demand forecasting.
  • Discussions on the challenges of obtaining clean, unified data from disparate sources.

Personal Impact

  • Expertise in a highly marketable and in-demand skill set: supply chain data analytics.
  • Ability to independently drive data-driven strategic and operational decisions.
  • Increased credibility when presenting findings and business cases to management.
  • Enhanced problem-solving skills through diagnostic and root cause analysis.
  • Confidence in using, cleansing, and managing large supply chain datasets.

Organizational Impact

  • Faster, more accurate decision-making across all SCM functions (inventory, logistics, procurement).
  • Improved financial performance by optimizing inventory and reducing waste through predictive analytics.
  • Objective measurement of performance and accountability via clear, data-driven KPIs.
  • Identification and resolution of systemic process bottlenecks and failures.
  • Better return on technology investment (ERP, WMS) through effective data utilization.

Course Outline

Unit 1: Data Foundations and Visualization

Data Strategy
  • Categorizing SCM data: transactional, master data, external data (market, weather)
  • Principles of good data governance, data integrity, and standardization
  • The concept of a single source of truth for critical supply chain metrics
Visualization Basics
  • Principles of effective data visualization (clarity, honesty, impact)
  • Designing and tailoring performance dashboards for different audiences (operational, executive)

Unit 2: Descriptive and Diagnostic Analytics

Statistical Fundamentals
  • Review of key statistical measures (mean, median, variance, standard deviation)
  • Using descriptive statistics to characterize demand variability and lead time distribution
Diagnostic Tools
  • Conducting **Root Cause Analysis** using techniques like Pareto Charts and fishbone diagrams
  • Identifying and interpreting correlation and causality in supply chain data

Unit 3: Predictive Analytics and Forecasting

Forecasting Models
  • Applying linear regression and time-series analysis for basic demand forecasting
  • Measuring forecast accuracy (MAD, MAPE) and utilizing forecast bias to improve planning
Predictive Performance
  • Using data to predict future performance of key suppliers and logistics providers
  • Modeling the probability of a stockout based on safety stock levels and variability

Unit 4: Prescriptive Analytics and Modeling

Optimization and Modeling
  • Introduction to basic optimization concepts (linear programming) for logistics (e.g., shortest route)
  • Building simple **What-If** models for inventory policy or network design scenarios
Data-Driven Decisions
  • Using data modeling to justify capital investment in automation or IT systems
  • Applying analytical results to set objective service level agreements (SLAs)

Unit 5: Tools and Implementation

Technology Stack
  • Overview of standard analytics tools (SQL, Python/R, Excel, Power BI/Tableau)
  • Integrating analytics with Enterprise Resource Planning (ERP) and SCM systems
Implementing Analytics
  • Designing a deployment roadmap for a new analytics capability
  • The importance of business storytelling when presenting data findings to executives

Ready to Learn More?

Have questions about this course? Get in touch with our training consultants.

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Upcoming Sessions

12 Jan

Amsterdam

January 12, 2026 - January 16, 2026

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02 Feb

Manama

February 02, 2026 - February 06, 2026

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23 Feb

Cambridge

February 23, 2026 - March 06, 2026

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