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The document discusses how descriptive, predictive, and prescriptive analytics can be applied to vaccine supply chain management. Descriptive analytics provide real-time monitoring of location, temperature, and compressor function during shipment. Predictive analytics help determine optimal storage settings, detect potential issues from temperature trends, and estimate time before unsafe temperatures. Prescriptive analytics provide recommendations to improve processes and purchasing decisions based on performance data. The techniques discussed could benefit industries involved with medical supplies, equipment, facilities, and materials requiring temperature control.

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589 views3 pages

3 Case Studies

The document discusses how descriptive, predictive, and prescriptive analytics can be applied to vaccine supply chain management. Descriptive analytics provide real-time monitoring of location, temperature, and compressor function during shipment. Predictive analytics help determine optimal storage settings, detect potential issues from temperature trends, and estimate time before unsafe temperatures. Prescriptive analytics provide recommendations to improve processes and purchasing decisions based on performance data. The techniques discussed could benefit industries involved with medical supplies, equipment, facilities, and materials requiring temperature control.

Uploaded by

8110 Kamila
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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1.

Magpie Sensing a vaccine supply chain

1)Descriptive Analytics provide the information about:

1.real-time location aware tracking of cold chain during shipment.

2.real-time reports of the shipment's tempreature.

3.The Duty cycle of system's compressor are monitored and reported in real-time.

2)Predictive analytics' types of support:

1.Determine the set point of the storage unit's thermostat and alert the systems users if the system is

incorrectly configures,

depending on the various types of products stored.

2.Sends alerts about possible temperature violations based on the storage unit's average temperature and

subsequent compressor cycle runs, which may drop

the temperature below the freezing point.

3.Reports possible human errors, such as failing to shut the storage unit doors or having an incomplete

seal,

by analyzing the temperature trend and alerting the users via Web interface, text message,

or audible alert before the temperature bounds are actually violated.

4.Compressor or a power failure can be detected.

5.The estimated time before the storage unit reaches an unsafe temperature can be determined, which

allows users to look for back.

up solutions such as dry ice to restore power.

6.Provide prescriptive recommendations for improving the cold storage processes and business decision

making.

3)Prescriptive Analytics:

1.Helps users dial in the optimal temperature setting,

which helps to achieve the right balance between freezing and spoilage risk.
2.Gather useful meta-information on cold storage units, including the times of day that are busiest and

periods where the system's doors are opened.

3.Guide equipment purchase decisions by constantly analyzing the perfomance of current storage units.

4)Shippable wireless monitors to measure temperature and humidity.

5)- Life Support Processors

- manufacturers of medical equipment

- Blood banks

- Banks of fabrics

- Medical facilities for animals

2. Moneyball

1)Predictive analytics

Selecting players based on their "on-base percentage"(OBP), a statistic that measured how often a batter

reached base for any reason other than fielding error, fielder's choice, dropped/uncaught third strike,

fielder's obstruction,or catcher's interfence.

Rather than relying on the scout's experience and intuition, the assistant general manager selected players

based almost exclusively on OBP.

2)Objective and subjective approaches in decision making:

Objective approach-based upon on observation of measurable facts and usually suitable for decision

making.

Subjective approach -based upon on personal opinions, assumptions,interpretations and beliefs.

3. Industrial and Commercial Bank of China

1)How can analytical techniques help organizations to retain competitive advantage?

Analytical techniques can provide enterprises with valuable information in order to better understand the

needs and requirements,

of their customers and stakeholders. Obtaining information about the limitations and inconveniences

faced by the client should lead to a more efficient


use of resources to solve these problems.

2)How can descriptive and predictive analytics help in pursuing prescriptive analytics?

Descriptive and predictive analytics based on our data and forecasts help to create a prescriptive analytics

model

and solutions based on these data,

we can create our strategy and also get a solution to the problem from which we can make decision.

3)What kinds of prescriptive analytic techniques are employed in the case study?

Large-scale optimization solution had to be developed to locate branches in the right place,

with right service, to serve the right cutomers.With support from IBM, a branch reconfiguration(BR) tool

was developed.

4)Are the prescriptive models once built good forever?

I think that with constant changes in society, economics, politics and other areas, one model cannot

always be good.

For example, if this year the store has 7 elevens, could easily be in all corners of Korea and enjoyed a

good reputation,

today not a single Korean comes to this store because of political disagreements with another country.

And no matter how successful the model is, it will not work in such conditions.

Now you need to re-enter the data and create a new model, now including this information related to

political changes.

Just as the world and its components are changing rapidly, so too should the model change and adapt to

new factors.

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