13488Technology helps strategy and operations in many ways. For example, it helps reduce human error, double-checks other data, and increases the speed of a process. Some mathematics and statistics can take hundreds of hours to complete with pencil and paper; however, with computer programming, these same...
13485Respond or elaborate on the response below: The part of the supply chain analytics model that I find the most interesting is the strategy phase. According to Robertson (2021), the strategy phase determines the direction and what key areas will be concentrated on while defining goals,...
13484Respond or elaborate on the response below: What part of the supply chain analytics model do you find most interesting? One of the most intriguing aspects of the supply chain analytics (SCA) model is demand forecasting. This element utilizes historical data, market trends, and statistical methods...
13476Respond or elaborate on the response below: Getting an organization aligned around a major project often starts with clear, data-driven direction. That's where structured approaches like scientific and data science methods make a huge difference. While they share some similarities, they serve different but complementary purposes. The...
13472Use data analysis and big data to conduct analytical techniques and risk management within the context of supply chain management. Interpret data as they apply to a discipline specific situation. Over the past few weeks, you have continued to consider supply chain analytics from the perspectives of...
13469Respond or elaborate on the response below: The data science method builds upon the foundation of the scientific method, but it is different by focusing on large datasets and iterative exploration (Google, 2025). The scientific method involves forming hypotheses and rigorously testing them (Google, 2025). Data...
13465Respond or elaborate on response below: "Supply chain analytics began as the idea of scientific management outlined in Frederick Taylor's 1911 publication of the principles of scientific management" (Dawkins, 2023). The framework of of a supply chain was adopted by key players in manufacturing dynasty such...
13462Respond or elaborate on response below: "Supply chain analytics began as the idea of scientific management outlined in Frederick Taylor's 1911 publication of the principles of scientific management" (Dawkins, 2023). The framework of of a supply chain was adopted by key players in manufacturing dynasty such...
13461Respond or elaborate on response below: History of Supply Chain Analytics: Supply chain analytics traces its origins back to the early developments of supply chain management in the 1980s when businesses started recognizing the importance of logistics and inventory management (Chae, 2019). Initially, the focus was primarily...
13457This week, you narrow the funnel down to one last method; however, it is particularly important, as it connects directly to your field, supply chain. Also, as you are learning, it has direct connections to strategy. Please answer the following three questions: What part of the supply...