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About Supply Chain Analytics - Full Course
The document discusses data analytics and analytical thinking. It defines analytics as using math, statistics, and machine learning to find patterns in data. Benefits of data analytics include improved efficiency, decision making, financial performance, and customer acquisition/retention. Analytical thinking involves breaking down problems, gathering/analyzing data to identify root causes, and developing solutions. Key skills include problem decomposition, pattern identification, hypothesis testing, and data visualization. The steps of analytical thinking are defined as defining the problem, collecting/preparing data, analyzing data, generating/testing hypotheses, reaching conclusions, and communicating outcomes. An example problem of a company experiencing declining sales is provided to demonstrate applying the analytical thinking process.
Detailed Information
| Author: | ['Michael Atef'] |
|---|---|
| Publication Year: | 2023 |
| Pages: | 253 |
| Language: | English |
| Format: | |
| Price: | FREE |
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