The course Supply Chain Analytics is an online class provided by Massachusetts Institute of Technology through edX. The skill level of the course is Introductory. It may be possible to receive a verified certification or use the course to prepare for a degree.
Master and apply the core methodologies used in supply chain analysis and modeling, including statistics, regression, optimization and probability – part of the MITx Supply Chain Management MicroMasters Credential.
Course description Supply chains are complex systems involving multiple businesses and organizations with different goals and objectives. Many different analytical methods and techniques are used by researchers and practitioners alike to better design and manage their supply chains. This business and management course introduces the primary methods and tools that you will encounter in your study and practice of supply chains. We focus on the application of these methods, not necessarily the theoretical underpinnings. We will begin with an overview of introductory probability and decision analysis to ensure that students understand how uncertainty can be modeled. Next, we will move into basic statistics and regression. Finally, we will introduce optimization modeling from unconstrained to linear, non-linear, and mixed integer linear programming. This is a hands-on course. Students will use spreadsheets extensively to apply these techniques and approaches in case studies drawn from actual supply chains.
To obtain a verified certificate from edX / Massachusetts Institute of Technology you have to finish this course or the latest version of it, if there is a new edition. The class may be free of charge, but there could be some cost to receive a verified certificate (200.00 USD) or to access the learning materials. The specifics of the course may have been changed, please consult the provider to get the latest quotes and news.
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