• Post Graduate Program In Finance And Accounting
    Co-created with Grant Thornton
    4.9 out of 5 by 238 learners
    14 X industry demand
  • Post Graduate Program in Analytics and Artificial Intelligence
    Co-created with Coding Ninjas
    4.8 out of 5 by 4610 learners
    12 X industry demand
  • FinTech Prodegree
    Co-created with Rise Mumbai
    4.6 out of 5 by 1250 learners
    6X industry demand
  • Credit Risk and Underwriting Prodegree
    Co-created with Moody’s Analytics
    4.5 out of 5 by 526 learners
    4X industry demand
  • Banking And Wealth Management Bootcamp
    4.7 out of 5 by 460 learners
    3X industry demand
  • Post Graduate Program In Capital Markets
    4.7 out of 5 by 807 learners
    3X industry demand
  • Certified Investment Banking Operations Professional
    4.8 out of 5 by 7600 learners
    8X indsutry demand
  • Machine Learning and Deep Learning Prodegree
    Co-created with IBM
    4.7 out of 5 by 2750 learners
    32 X industry demand
  • Post Graduate Program In Data Analytics
    4.7 out of 5 by 3600 learners
    14 X industry demand
  • Data Science Prodegree
    Co-created with Genpact
    4.8 out of 5 by 6071 learners
    16 X industry demand

Any organization that has a physical presence and deals in goods that are tangible is bound to run into supply chain optimization issues. Any item when shipped poorly can result in a loss of revenue for a business whether it is due to poor driving or glitches at distribution centers.

While moving a product across a city or cross country for that matter is never easily attainable, the method of data visualization can help identify errors in the supply chain of a business. Data visualization is a part of extensive data science courses are offered cross institutions excelling in data science.

Basics of data visualization from a business point of view

Data visualization is almost like added an overlay of product delivery chains across the country; only that it is not as simple, especially when it comes to collating or collecting extensive data. If you have a list of specific problems to be handled and data points that need to be analyzed, data visualization can help you understand what the points of congestion are, if placements of distribution centers are efficient or not and most importantly conduct a cost analysis estimate for distribution.

Every component is crucial while converting data into an easily readable format, however, the transition of numbers into results need to be recorded. Hence, unless data is used at the end, the analysis is merely a collection of numbers. To reach an effective solution, the secured data first needs to be put to use instead of letting it remain in a tangible raw format. The concept of data visualization is highly useful to a multitude of businesses owning to its flexibility in adapting to ideas and platforms.

As big data is making its foray into our daily lives, the importance of formatting the data, presenting it in a readable format to beneficiaries and more, is only increasing. Data visualization helps to keep out irrelevant information while only drawing importance to those that help the user gain useful insights.

The whole idea is to provide users with data that is relevant to their needs and requirements. The concept of presenting data in a format that is attractive and appealing to gain the user’s attention almost instantly and help them bring about changes through the insightful knowledge they have gained is called data visualization training.

How to use data visualization techniques in supply chain management?

Data visualization improves the whole dynamics of supply chain management on a macro level. From demand planning, execution, ensuring doorstep delivery and more, data insights coupled with visualization can help in putting perspectives in place. It also helps to identify various data points that are correlated to supply chain management. For example, data visualization can help you identify the details of a delivery route, and also look at alternate options for transportation routes.

Research has stated that data visualization helps a user to learn and memorize better since it works on the concept of influencing your brain with photographic memories than just mere texts.

In terms of supply chain management, data visualization techniques like understanding the geographical location and mapping the same, predicting other external factors that might come into play and may affect the shipping and delivery process of equipment turn out to be quite insightful. Companies are spending more time understanding how they can improve their internal operations using data visualization techniques, including boosting performances and improving inventory management techniques.

Conclusion
The scope of data visualizations in the field of supply chain management is immense. From analyzing and simplifying complex data, to make changes that reduce real-life operational time, data visualization has changed the face of supply chain management.

Leave a Reply

For Online Course Enquiries
About Imarticus
Imarticus Learning is India’s leading professional education institute that offers training in Financial Services, Data Analytics & Technology. We’ve successfully transformed careers of over 35,000+ individuals globally through our Certification, Prodegree, and Post Graduate programs offered in association with leading and renowned global organisations in the Financial Services, Data Analytics & Technology domain.
Related course
  • Post Graduate
    Post Graduate Program In Finance And Accounting
    Co-created with Grant Thornton
    Course duration(months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.9 out of 5 by 238 learners
    14 X industry demand
    Upcoming Batches
    Date Location Schedule
    None DELHI Online
    Date Location Schedule
  • POST GRADUATE PROGRAM
    Post Graduate Program in Analytics and Artificial Intelligence
    Co-created with Coding Ninjas
    Course duration(Weeks)
    28
    Upcoming batches
    1
    Organizations enrolled
    20
    4.8 out of 5 by 4610 learners
    12 X industry demand
    Upcoming Batches
    Date Location Schedule
    23rd-May THANE Weekend
    Date Location Schedule
  • Prodegree
    FinTech Prodegree
    Co-created with Rise Mumbai
    Course duration(Months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.6 out of 5 by 1250 learners
    6X industry demand
    Upcoming Batches
    Date Location Schedule
    none ONLINE Online
    Date Location Schedule
  • PRODEGREE
    Credit Risk and Underwriting Prodegree
    Co-created with Moody’s Analytics
    Course duration(Months)
    3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.5 out of 5 by 526 learners
    4X industry demand
    Upcoming Batches
    Date Location Schedule
    Not Available ONLINE Online
    Date Location Schedule
  • Certification
    Banking And Wealth Management Bootcamp
    Course duration(Months)
    2-3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 460 learners
    3X industry demand
    Upcoming Batches
    Date Location Schedule
    Not Available ONLINE Weekend
    Date Location Schedule
  • Post Graduation
    Post Graduate Program In Capital Markets
    Course duration(months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 807 learners
    3X industry demand
    Upcoming Batches
    Date Location Schedule
    Not Available ONLINE Online
    Date Location Schedule
  • Certification
    Certified Investment Banking Operations Professional
    Course duration(Months)
    2-3
    Upcoming batches
    9
    Organizations enrolled
    20
    4.8 out of 5 by 7600 learners
    8X indsutry demand
    Upcoming Batches
    Date Location Schedule
    28th-April MUMBAI Weekday
    25th-Apr GURGAON Weekend
    18th-April THANE Weekend
    23rd-April HYDERABAD Weekday
    27th-April CHENNAI Weekday
    Date Location Schedule
    25th-April MUMBAI Weekend
    19th-Apr ONLINE Weekday
    26th-May THANE Weekday
    18th-April CHENNAI Weekend
  • Prodegree
    Machine Learning and Deep Learning Prodegree
    Co-created with IBM
    Course duration(Months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 2750 learners
    32 X industry demand
    Upcoming Batches
    Date Location Schedule
    None CHENNAI Weekend
    Date Location Schedule
  • Post Graduation
    Post Graduate Program In Data Analytics
    Course duration(Months)
    5
    Upcoming batches
    3
    Organizations enrolled
    20
    4.7 out of 5 by 3600 learners
    14 X industry demand
    Upcoming Batches
    Date Location Schedule
    21st-Apr ONLINE Weekday
    4th-May THANE Weekday
    Date Location Schedule
    21st-April HYDERABAD Weekday
  • Prodegree
    Data Science Prodegree
    Co-created with Genpact
    Course duration(Months)
    2-4
    Upcoming batches
    6
    Organizations enrolled
    20
    4.8 out of 5 by 6071 learners
    16 X industry demand
    Upcoming Batches
    Date Location Schedule
    4th-Apr GURGAON Weekend
    18th-April VASHI Weekend
    25th-April HYDERABAD Weekend
    Date Location Schedule
    25th-April MUMBAI Weekend
    9th-May THANE Weekend
    27th-April CHENNAI Weekend