Supply Chain Dynamics
link Source: www.edx.org
date_range Starts on September 13, 2023
event_note Ends on December 9, 2023
list 13 sequences
assignment Level : Advanced
chat_bubble_outline Language : English
card_giftcard 1,456 points
Users' reviews
-
starstarstarstarstar
0 reviews

Key Information

credit_card Free access
verified_user Fee-based Certificate
timer 104 hours in total

About the content

Supply Chains are complex systems involving multiple firms and organizations with different goals and objectives. Additionally, there are external forces and trends that can impact (positively or negatively) a supply chain’s efficiency and effectiveness. Understanding the dynamics and risks within supply chains, both large and small, is key to being a successful supply chain professional.

This course builds on the fundamental models introduced in SC1x and the design trade-offs covered in SC2x. It is essentially a capstone in understanding how to successfully model, design, and manage a supply chain in any industry. We will divide the course into three sections.

First, we will introduce the field of System Dynamics. Developed at MIT, system dynamics is an approach that examines and models complex systems that feature interacting, non-linear, and dynamic elements. The objective is to better understand the underlying features of a complex system and to recommend policies and other actions to improve overall performance.

Second, we will explore the concepts of supply chain risk. Supply chains are subject to a wide number of potential disruptions – from both within and outside of the supply chain. Students will understand how supply chains can be better designed and managed to not only mitigate the downside of supply chain disruption but also to leverage and capture any upside.

Finally, the students will engage in a series of more extended case studies and simulations that demonstrate these complex relationships. Actual case studies and examples from companies will be used to help students better prepare for actual situations.

This course is part of a MicroMasters program.

more_horiz Read more
more_horiz Read less
dns

Syllabus

  • Supply chain risk management
  • Supply Chain Dynamics
  • End to End Supply Chain Management
record_voice_over

Instructors

Chris Caplice
Director, MITx MicroMasters Program in Supply Chain Management
MIT

Yossi Sheffi
Faculty
MIT

Bruce Arntzen
Executive Director, Supply Chain Management Program
MIT

Alexis Bateman
Visiting Scientist, MIT Center for Transportation & Logistics
Massachusetts Institute of Technology

store

Content Designer

MIT

MIT is a world-class educational institution where teaching and research — with relevance to the practical world as a guiding principle — continue to be its primary purpose.

MIT is independent, coeducational, and privately endowed. Its five schools and one college encompass numerous academic departments, divisions and degree-granting programs, as well as interdisciplinary centers, laboratories and programs whose work cuts across traditional departmental boundaries.

assistant

Platform

Edx

Harvard University, the Massachusetts Institute of Technology, and the University of California, Berkeley, are just some of the schools that you have at your fingertips with EdX. Through massive open online courses (MOOCs) from the world's best universities, you can develop your knowledge in literature, math, history, food and nutrition, and more. These online classes are taught by highly-regarded experts in the field. If you take a class on computer science through Harvard, you may be taught by David J. Malan, a senior lecturer on computer science at Harvard University for the School of Engineering and Applied Sciences. But there's not just one professor - you have access to the entire teaching staff, allowing you to receive feedback on assignments straight from the experts. Pursue a Verified Certificate to document your achievements and use your coursework for job and school applications, promotions, and more. EdX also works with top universities to conduct research, allowing them to learn more about learning. Using their findings, edX is able to provide students with the best and most effective courses, constantly enhancing the student experience.

You are the designer of this MOOC?
What is your opinion on this resource ?
Content
5/5
Platform
5/5
Animation
5/5