Supply Chain Design
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.
What you'll learn
- Network Design and Facility Location
- Supply Chain Finance
- Procurement and sourcing
- Production planning
- Demand management and Sales & Operations Planning
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| Rating | 4.6★ based on 8 ratings |
|---|---|
| Length | 13 weeks |
| Effort | 13 weeks, 8–12 hours per week |
| Starts | On Demand (Start anytime) |
| Cost | $299 |
| From | Massachusetts Institute of Technology, MITx via edX |
| Instructors | Dr. Chris Caplice, Yossi Sheffi, Jarrod Goentzel, James Blayney Rice Jr., Chris Caplice, James Blayney Rice |
| Download Videos | On all desktop and mobile devices |
| Language | English |
| Subjects | Business |
| Tags | Business & Management Engineering |
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What people are saying
setup unfairly punishes anyone
So, you are presented with not only solving a problem with something you have not seen before, with no partial credit, limited tries (two) and limited time to figure it out, I believe this setup unfairly punishes anyone who is not cheating.
chain management mitx xseries
I am a fan of the supply Chain Management MITx XSeries.
grading system being used
While the content is great, I have become increasingly disenchanted with the grading system being used.
minimum 10 hours per
The material itself is interesting and challenging, and if you take this course you should plan on a minimum 10 hours per week if you get it and much more if you don’t.
section concerns financial calculations
The second section concerns financial calculations.
which together constitute 100
MIT makes a great show about the graded homework, midterm and final, which together constitute 100% of your grade (20%, 35%, and 45% respectively), as being 100% assessment, but I would disagree, as in my opinion the assessment materials are maybe 50 to 75% assessment and around 25% lets through a curve ball and see if you can figure it out within the limited time and number of chances allowed on an exam.
bidding models first introduced
The first section continues to work with complex location, shipment, and bidding models first introduced in analytics.
impact my career positively
Challenging but will impact my career positively immediately.
some opinions previously given
I fully agree with some opinions previously given in this forum.
become increasingly disenchanted
feels mint fresh
Hello, I am recurring student (gee...feels mint fresh to say as a myself student).
other interfacing functions
Many of the practitioners would be working in a particular area of the supply chain and this course helps develop a comprehensive overview of the whole chain and the interdependencies of his function with the other interfacing functions.
Careers
An overview of related careers and their average salaries in the US. Bars indicate income percentile.
Supply Chain/ Logistics $64k
Supply Chain Analysis $68k
Supply Chain Analyst, Supply Chain Development Program $80k
Supply Chain Scheduler $87k
Supply Chain 1 $88k
Supply Chain Accountant $92k
Supply Chain Planner 4 $105k
Supply Chain Dev $105k
Supply Chain 3 $120k
Regional Supply Chain $121k
Supply Chain Advisory $129k
Supply Chain Specialist, Nuclear Supply Chain Manager $130k
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| Rating | 4.6★ based on 8 ratings |
|---|---|
| Length | 13 weeks |
| Effort | 13 weeks, 8–12 hours per week |
| Starts | On Demand (Start anytime) |
| Cost | $299 |
| From | Massachusetts Institute of Technology, MITx via edX |
| Instructors | Dr. Chris Caplice, Yossi Sheffi, Jarrod Goentzel, James Blayney Rice Jr., Chris Caplice, James Blayney Rice |
| Download Videos | On all desktop and mobile devices |
| Language | English |
| Subjects | Business |
| Tags | Business & Management Engineering |
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