Digital transformation, which refers to the use of Data, Analytics, and Automation, has been applied by a few innovative companies, from Apple to Amazon to Dell, to transform their businesses and achieve significant increases in revenue and profit while decreasing costs. In all these cases, the objective is to apply business analytics to transform the way the organization manages its business, from manufacturing, supply chain, marketing, and revenue optimization all the way to understanding consumer preference and innovating new products
This digital disruption is now motivating many companies in a variety of industries to reinvent their supply chains, from demand and supply planning to production and distribution. This course introduces Professor Simchi-Levi of MIT’s unique framework that combines the three technology trends, Digitization, Analytics, and Automation to reinvent the supply chain. Participants gain a deeper understanding of (i) applications of these trends to improve efficiency, profitability, and growth; (ii) the required processes to improve supply chain visibility, flexibility, and resiliency; and (iii) the appropriate organization and talent change.
Benefits
Identify opportunities for creating supply chain value using digitization, analytics, and automation
Prioritize the opportunities provided by the technology trends: digitization, analytics, and automation
Drive automation through network and production optimization
Increase sales by improving forecast accuracy
Apply data analytics to improve new product introduction
Past Courses
