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The requirement for high levels of customer service, increasing numbers of Stock Keeping Units (SKUs), and high labor costs have dramatically increased the complexity of warehouse operations. It is no longer sufficient to manage a warehouse based on a simple, arbitrary “ABC” classification of SKUs, which treats all those in a category as if they were identical. Instead, each decision, such as where to store or where to pick product, must be based on careful engineering and economic analysis.
The requirement for high levels of customer service, increasing numbers of Stock Keeping Units (SKUs), and high labor costs have dramatically increased the complexity of warehouse operations. It is no longer sufficient to manage a warehouse based on a simple, arbitrary “ABC” classification of SKUs, which treats all those in a category as if they were identical. Instead, each decision, such as where to store or where to pick product, must be based on careful engineering and economic analysis.
Learn advanced analytics and mathematical optimization to find solutions for supply chain problems. The course also serves as a capstone for the Supply Chain Analytics Professional certificate program by culminating in a hackathon where you’ll design networks, inventory policies, and scenarios and then evaluate the outcomes via simulations.