Markov Chains Clearly Explained Part 1

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🚀Find 80+ operational case studies using supply chain analytics: https://bit.ly/supply-chain-cheat • 👍👍 Follow the channel for more content! • Understand how data analytics can improve operational efficiency by enabling data-driven diagnostics and decisions at strategic and operational levels. • In this video, we'll introduce the different types of Supply Chain Analytics: Descriptive Analytics, Diagnostic Analytics, Predictive Analytics and Prescriptive Analytics. • Chapters • 00:00 Intro • 00:32 Definition of a Supply Chain • 01:17 Types of Supply Chain Analytics • 01:51 Descriptive Analytics • 02:28 Diagnostic Analytics • 03:13 Predictive Analytics • 03:39 Prescriptive Analytics • 04:33 Who and How? • 05:29 Why is it Important? • 📦 Data Science for Supply Chain Blog • For more content related to Supply Chain, my website: http://samirsaci.com • Examples of Descriptive Analytics • 📝 Deploy Logistics Operational Dashboards using DataPane • / deploy-logistics-operational-dashboards-us... • 📝 Automated Supply Chain Control Tower with Python • / automated-supply-chain-control-tower-with-... • Examples of Diagnostic Analytics • 📝 Lead Times Variability and Supply Chain Resilience • / lead-times-variability-and-supply-chain-re... • Examples of Predictive Analytics • 📝 Machine Learning for Retail Sales Forecasting — Features Engineering • / machine-learning-for-retail-sales-forecast... • Examples of Prescriptive Analytics • 📝 Production Fixed Horizon Planning with Python • / production-fixed-horizon-planning-with-python • 📝Optimize Warehouse Value Added Services with Python • / supply-chain-process-scheduling-with-python • #supplychain #analytics #python

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