Overview
Easy-to-Follow Techniques for Extracting Managerial Insights from your Organization's Data
Syllabus
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- Introduction to Decision Making in Manufacturing
-- Importance of Data-Driven Decisions
-- Overview of Decision-Making Models
- Fundamentals of Data Analysis
-- Types of Data in Manufacturing
-- Data Collection Methods
-- Data Cleaning and Preprocessing
- Descriptive Statistics for Business Insights
-- Measures of Central Tendency
-- Measures of Variability
-- Data Visualization Techniques
- Predictive Analytics and Forecasting
-- Introduction to Predictive Modeling
-- Time-Series Analysis
-- Implementing Basic Forecasting Models
- Prescriptive Analytics for Optimal Decisions
-- Optimization Techniques
-- Simulation Modeling
-- Scenario Analysis
- Leveraging Machine Learning in Decision Making
-- Introduction to Machine Learning Concepts
-- Supervised vs Unsupervised Learning
-- Case Studies in Manufacturing
- Tools and Technologies for Data Analysis
-- Overview of Data Analysis Software (e.g., Excel, Python, R)
-- Implementing Data-Driven Dashboards
- Decision-Making Frameworks and Strategies
-- SWOT Analysis
-- Risk Assessment and Management
-- Cost-Benefit Analysis
- Developing a Data-Driven Culture in Organizations
-- Communicating Data Insights to Stakeholders
-- Building Analytical Teams
-- Ethical Considerations in Data-Driven Decision Making
- Capstone Project
-- Identify a Manufacturing Problem
-- Apply Data Analysis Techniques to Develop a Solution
-- Present Findings and Recommendations
Taught by
Ray Harkins, The Manufacturing Academy and Michael J. Vella
Tags
On-Demand
