What you'll learn

Understand types of Data in operations
Apply Central tendency and Variation concept to Operations
Meaningful comparison of two data sets
Identify trends and patterns in operations data

Requirements

Basic excel skills

Description

In today's fast-paced business environment, operations managers must make informed decisions based on data, not just intuition. This course is designed to equip you with essential data analysis skills, enabling you to extract valuable insights, optimize processes, and drive performance improvements.You'll begin by understanding the different types of data and the crucial distinction between data and metrics, ensuring you focus on what truly matters. We'll explore various data sources within an organization, helping you identify where to find reliable information for analysis.Next, you'll master summary statistics, a fundamental tool for quickly interpreting data and identifying key performance trends. You'll learn how to recognize trends and seasonality, allowing you to anticipate fluctuations, improve planning, and make strategic decisions. Understanding correlations will help you uncover relationships between operational variables, while learning to detect outliers ensures you don't overlook potential issues or misleading data points.A major focus will be on data quality, teaching you how to validate and clean data to prevent errors that could lead to incorrect conclusions. Finally, we'll cover statistical differences between data sets, a key skill for evaluating process improvements and business strategies.Through practical examples and hands-on exercises, this course empowers operations managers to make confident, data-backed decisions—enhancing efficiency, reducing risks, and driving success in their organizations.
Operations managers managing teams who want to make data based decisions

Homepage:

https://www.udemy.com/course/operation-managers-essential-data-skills/

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