Supply Chain Design

What is the course about?

Supply Chain Design
The course Supply Chain Design is an online class provided by Massachusetts Institute of Technology through edX. The skill level of the course is Advanced. It may be possible to receive a verified certification or use the course to prepare for a degree.
Learn how to design and optimize the physical, financial, and information flows of a supply chain to enhance business performance ​– part of the MITx MicroMasters Credential in Supply Chain Management​.
Course description
This Supply Chain Design course is part of the MITx MicroMasters Credential in Supply Chain Management, offered by #1 ranked SCM Master’s program at the Massachusetts Institute of Technology. CTL.SC2x Supply Chain Design covers all aspects involved in the design of supply chains for companies and organizations anywhere in the world. The course is divided into four main topic areas: Physical flow design, Supply chain finance, Information flow design, and Organization/Process design. In the design of physical flows, we show how to formulate and solve Transportation, Transshipment, Facility Location, and Network Design Problems. For financial flows we show how to translate supply chain concepts and actions into the language of the Chief Financial Officer (CFO) of a company. We cover Activity Based Costing, Working Capital, the Cash-to-Cash cycle and Discounted Cash Flow Analysis. The design of the information flow section describes how firms communicate with suppliers (procurement, risk contracts), internal resources (production planning, bills of materials, material requirements planning), and customers (Sales & Operations Planning and other collaboration based processes). In the last section, we introduce performance metric design and organizational design within the supply chain organization focusing mainly on the centralize/decentralize decision. The main topic areas we will focus on in this course are: Supply Chain Network Design Supply Chain Finance Supplier Management Production and Demand Planning Process and Organizational Design This course is indispensable if you’re considering a supply chain management career and, specifically, the positions of Supply Chain Analyst, Operations Manager, or Logistics Coordinator. MITx MicroMasters Credential in Supply Chain Management The MITx MicroMasters Credential in Supply Chain Management is specifically designed and administered by MIT’s Center for Transportation & Logistics (CTL) to teach the critical skills needed to be successful in this exciting and growing field. In addition to being a standalone certificate demonstrating expertise in the field, students who complete all of the required courses and the final proctored exam will be qualified to apply to gain credit at MIT for the blended graduate master’s degree program. In order to qualify for the MITx MicroMasters Credential in Supply Chain Management you need to earn a Verified Certificate in all of the required courses. When you register for a Verified Certificate you will also be granted access to additional practice problems, supplemental readings, and opportunities for increased interaction with the faculty and teaching staff. To learn more about the MITx MicroMasters Credential in Supply Chain Management, please visit http://scm.mit.edu/micromasters MITx requires individuals who enroll in its courses on edX to abide by the terms of the edX honor code. MITx will take appropriate corrective action in response to violations of the edX honor code, which may include dismissal from the MITx course; revocation of any certificates received for the MITx course; or other remedies as circumstances warrant. No refunds will be issued in the case of corrective action for such violations.

Prerequisites & Facts

Supply Chain Design

Course Topic

Business and Management, Engineering

University, College, Institution

Massachusetts Institute of Technology

Course Skill Level

Advanced

Course Language

English

Place of class

Online, self-paced (see curriculum for more information)

Degree

Certificate

Degree & Cost

Supply Chain Design

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.
Massachusetts Institute of Technology
Supply Chain Design
provided by edX

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School: MIT Massachusetts Institute of Technology
Topic: Business and Management, Engineering
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