Supply Chain Management & Business Analytics Master

Supply chain management and business analytics are broad domains designed to improve operational performance and certainly not reserved to a handful of production engineers, freight transport specialists, or computer geeks

Supply chain management is:

• a central concern for all the enterprises and organizations that deliver goods and services.
• a fundamental component of the enterprise strategy, which procures competitive, decisive, and inimitable advantages.
• a set of activities carried out in conjunction with all business functions and in close relationship with clients and suppliers.
• a field that is constantly evolving in order to cope with the opportunities and challenges of globalization, advanced information and communication technologies, environmental concerns, and increased efficiency concerns of organizations.
• closely connected with one of the main competitive strengths of Wallonia: in particular, the Port of Liège is the largest inland port in Belgium and the third leading one in Europe, and Liège Airport is the eighth leading cargo airport in Europe.
• Business analytics allows organizations and managers:
• to cope with ever increasing amounts of data and information generated in all kinds of formats and representations, both internally and externally – so-called Big Data;
• to acquire more knowledge of their customers, of their economic environment and of their own internal operations;
• to take full advantage of available data for making smarter decisions, for creating value, and for making better use of scarce resources;
• to support business insights and to move to fact-based management by relying on data and on analytical disciplines.

Both supply chain management and business analytics rely on a common set of tools and methods, and are being simultaneously transformed by the ongoing digital revolution.

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