Operations Analytics Certification

Earn your Operations Analytics for Managers Certification. Elevate your managerial skills in operational analytics techniques.

In 2024, mastering operational analytics becomes crucial for professionals seeking to advance their careers, as it is increasingly considered a strategic priority for organizations. Its pivotal role in driving profits or establishing a competitive edge highlights its importance in operations.

Operations analytics in operations management empowers managers to navigate the intricacies of leveraging data for strategic decision-making, bridging the gap between supply and demand across diverse business landscapes. Explore cutting-edge techniques for modeling uncertainties, evaluating policy impacts, and making risk-informed choices.

• Data analytics fundamentals
• Productivity and efficiency optimization
• Supply chain analytics
• Inventory management analytics
• Strategic decision-making and forecasting

Each session assists managers in utilizing operational analytics for strategic decision-making, providing valuable content across three engaging sessions.

Operations Analytics for Managers

Session 1: Productivity and Efficiency Optimization

• Data analytics fundamentals
• Productivity analysis and multifactor productivity
• Utilization and efficiency
• Effective vs. design capacity
• Integration of productivity metrics

Session 2: Supply Chain and Inventory Management Analytics

• Measuring supply chain performance
• Weeks of supply and inventory turnover
• Economic Order Quantity (EOQ) principles
• Holding, ordering costs, and reorder points
• Location analysis and capacity planning
• Profit thresholds and required volume

Session 3: Strategic Decision-Making and Forecasting

• Factor rating method for decision-making
• Moving averages for forecasting
• Weighted moving average techniques
• Exponential smoothing models
• Application of forecasting in strategic planning