Supply Chain Analytics
Credit points
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
Prerequisites
(Or equivalent to be determined by unit coordinator)
Co-requisites
(Corequisite units must be studied concurrently with this unit)
Overview
Start your logistics career with the Supply Chain Analytics unit.
Discover the quantitative methods, tools and techniques to analyse information and patterns of data. You'll gain insights into relevant patterns, knowledge, and supply chain intelligence.
You will learn the theoretical, analytical and optimisation models related to decision-support tools and solution techniques. You’ll then use these to identify and resolve contemporary logistics-related business problems including:
- supply chain demand planning using industry software SAP-forecasting function
- vehicle routing and dispatching in transportation
- transhipment and shortest path optimisation models
- economic order quantity of inventory
- statistical quality control.
In this unit, you will also learn advanced spreadsheet functionality using MS Excel, plus the concepts of industry 4.0, supply chain 4.0, and big data analytics.
Learning Outcomes
On successful completion of this unit, students will be able to:
- Conceptualise and synthesise knowledge of supply chain analytics, and analytical and optimisation models with the use of decision-support tools and techniques;
- Exhibit proficiency in the use of the ERP-based demand management module and the use of spreadsheet exercises;
- Collaborate to develop problem-solving skills using analytical decision-support tools, and to reflect on their underlying applications in the business of logistics and supply chain management; and,
- Conceptually map and synthesise information from various sources to present a clear, coherent and independent exposition of knowledge in the field of supply chain analytics.
Assessment
For Melbourne campuses
Assessment type: Assignment | Grade: 10%
Practical ERP-based Demand management module
Assessment type: Case Study | Grade: 15%
Analytical short case study - presentations (Group)
Assessment type: Report | Grade: 35%
Scenario based analytical literature review and report (Group)
Assessment type: Test | Grade: 40%
Final test on supply chain analytics
Required reading
Students will have access to required readings via VU Collaborate and are not required to purchase the listed textbook.
Operations Management : sustainability and supply chain management
Heizer, J., Render, B., Munson, C., (2020) | Pearson Education, New Jersey, USA
As part of a course
This unit is not compulsory for any specific course. Depending on the course you study, this unit may be taken as an elective.