Certified SCM and Logistics Analytics Professional

SCM and Logistics Analytics Professional is responsible for creating processes and collection methods for supply chain data. They have the ability to analyze data for identifying problematic areas and suggesting improvements. Further, they perform day to day tasks, so let’s know about it.

Responsibility

• SCM and Logistics Analytics Professional plan and implement supply chain optimization projects. Moreover, they also develop requirements and standards.
• They keep an eye on inventory procedures and find the most cost-effective shipping modes and schedules.
• SCM and Logistics Analytics Professional is responsible for evaluating vendor operations as per the quality standards. Moreover, they collaborate with IT professionals for implementing effective systems.
• They also track KPIs and report on the supply chain’s performance as well as gather data on scheduling procedures and production output.
• Lastly, they communicate with colleagues for providing feedback on their efficiency and suggesting methods for improvement.

So, let’s get started with the in-depth details and resources to become a Certified SCM and Logistics Analytics Professional.

Vskills Certified SCM and Logistics Analytics Professional

Analytics refers to the process of data collation, processing, analysis and interpretation for gaining insights and having better decision making methods. However, SCM and Logistics analytics helps in understanding the effectiveness of processes in supply chain management and logistics. Moreover, it focuses on the factors that help in optimizing logistics network, distribution, freight management, demand forecasting, time compression and order management.

Vskills Logistics and SCM professionals certification course is suitable for managers, Logistics and SCM consultants, and graduates who want to excel in Logistics and SCM analytics. And, with earning this certification they can enhance their skills to stand in today’s competitive job market as well as to get higher earning opportunities. Further, this certification will also benefit job seekers to find employment in Logistics, SCM, 3PL, store or inventory departments of various companies.

Vskills certification providers give candidates access to top exams as well as provides exam benefits. This includes:

• The certifications will have a Government verification tag.
• The Certification is valid for life.
• Candidates will get lifelong e-learning access.
• Access to free Practice Tests.
• Candidates will get tagged as ‘Vskills Certified’ On Monsterindia.com and  ‘Vskills Certified’ On Shine Shine.com.

Course Outline

Certified SCM and Logistics Analytics Professional covers the following topics –

Analytics Introduction

• Evolution and Scope
• Data Management and Types
• Decision Models
• Problem Solving and Decision Making

Using Spreadsheets for Analytics

• Excel Formulas
• Excel Functions
• Spreadsheet Add-Ins
• What is Spreadsheet Modeling

Visualizing Data in Spreadsheets

• Excel Data Visualization Tools
• Data Queries in Excel
• Data Summarization in Excel
• PivotTables and Pivot Charts

Descriptive Statistical Measures

• Statistical Notation
• Measures of Location
• Measures of Dispersion
• Measures of Shape
• Measures of Association
• Frequency Distributions
• Excel Descriptive Statistics Tools

Probability Distributions

• Probability Basics
• Discrete Probability Distributions
• Continuous Probability Distributions
• Distribution Fitting

Sampling and Estimation

• Sampling Methods
• Statistical Sampling
• Sampling Distributions
• Estimation
• Interval Estimates
• Confidence Intervals
• Prediction Intervals

Statistical Inference

• Hypothesis Testing
• One-Sample Hypothesis Tests
• Two-Sample Hypothesis Tests
• ANOVA

Regression Analysis

• Simple Linear Regression
• Residual Analysis and Regression Assumptions
• Multiple Linear Regression
• Regression with Categorical Independent Variables
• Regression Models with Nonlinear Terms

Introduction to Logistics

• Concepts of Logistics
• Logistics Processes
• Logistics Intermediaries
• Integrated Logistics

Supply Chain Management

• Supply Chain Basics
• The Bullwhip Effect
• Global Supply Chain Management
• SCOR Model

Logistics and SCM Theories 

• Systems Approach
• Resource-Based View Theory
• Knowledge-based view (KBV)
• Strategic Choice theory (SCT)
• Principle Agency theory (PAT)
• Systems theory (ST)
• Transaction Cost Economics
• Game Theory
• Available-to-promise (ATP)
• Theory of Constraints

Supply Chain Modeling

• Deterministic Analytical Models
• Stochastic Analytical Models
• Economic Models
• Simulation Models

Supply Chain Strategic Management

• Strategic Management Processes
• Supply Chain Strategy
• Environmental Analysis
• Pestle Analysis
• SWOT Analysis
• Value Chain Analysis
• Competitor Analysis

Supply Chain Design

• Supply Chain Decision Phases
• Supply Chain Process View
• Achieving Strategic Fit
• Supply Chain Segmentation
• Aggregate Planning
• Planning Strategies

Logistics Network Planning

• What is Logistics Network Design
• Design Issue and Data
• Distribution Centres and Warehouses
• Modeling Techniques
• Logistics Network Design Process

Demand Management

• Introduction
• Demand Forecasting

Distribution and Freight Management

• Central Place Theory
• Unit Load Concept
• Reducing Freight Costs
• Freight Costing
• Freight Routing and Scheduling

Logistics and SCM Costing

• What is Cost
• Fixed and Variable Costs
• Cost Analysis
• SCM Costing
• What are Logistics Costs
• Logistics Costs Types
• Logistics Cost Analysis and Approaches
• Activity-based costing (ABC)
• Target Costing
• Logistics Cost Analysis Formulas

Logistics and SCM Optimization

• What is optimization
• Business Process Optimization
• Modeling and Optimization
• Logistics Problems
• Logistics Optimization
• Supply Chain Optimization
• Time Compression

Advanced Analytics

• Capacity Analysis
• Order Management
• Spend Analysis
• Prescriptive Analytics
• Cognitive Analytics

Preparation Guide for Vskills Certified SCM and Logistics Analytics Professional

A preparation guide basically refers to the essential resources and study materials required for the exam. Candidates here need to research for the best study resources in order to prepare better for the certification exam. Moreover, it will also help them to complete their syllabus quickly and with a good understanding of the concepts. And, for the Certified SCM and Logistics Analytics Professional exam, below are the resources provided by Vskills that will help candidates to cover all the concepts and prepare well for the exam.

Exam Objectives

Exam objectives provide a brief about the exam topics that includes various sections and subsections. So, Candidates should get exam objectives to get a better understanding of the content and topics related to the exam. Moreover, it also provides a benefit to candidates to learn and explain things better during the preparation time. For Certified SCM and Logistics Analytics Professional the topics include –

• Analytics Introduction
• Using Spreadsheets for Analytics
• Visualizing Data in Spreadsheets
• Probability Distributions
• Sampling and Estimation
• Statistical Inference
• Regression Analysis
• Introduction to Logistics
• Supply Chain Management
• Logistics and SCM Theories
• Supply Chain Modeling
• Supply Chain Strategic Management
• Supply Chain Design
• Logistics Network Planning
• Demand Management
• Distribution and Freight Management
• Logistics and SCM Costing
• Logistics and SCM Optimization
• Advanced Analytics

Vskills E-Learning

Vskills E-learning for Certified SCM and Logistics Analytics Professional helps candidates to get a better understanding of the content by providing them the online learning material for a lifetime. This learning material comes with hard copy material that will help them in improving skills and staying up to date with the learning curve for getting better opportunities.

Books for Reference

Those Candidates who want to get in-depth details for the topic or content can take references from the books related to the exam. That is to say, reference books can be helpful for understanding concepts and topics fastly. However, for the Certified SCM and Logistics Analytics Professional exam, there are various books available which you can find online or in libraries. Some of the books are as follows:

• Logistics & Supply Chain Management Book by Martin Christopher
• Essentials of Supply Chain Management Book by Michael H. Hugos

Evaluate yourself with Practice Test

Using Practice tests after completing any topic can be beneficial for candidates to understand the weak areas as well as for taking assessments to test their skills. This also helps in improving answering skills so that they can much of their time during the exam. Moreover, by assessing themselves candidates will get a clear view of their preparation and then start working on it accordingly. So, start practicing for the exam and get certified.

Become Certified SCM and Logistics Analytics Professional