Supply Chain Fundamentals
This course provides an introduction to the fundamentals of supply chain management. It is part of the MITx MicroMasters Credential in Supply Chain Management, offered by the #1 ranked SCM Master's program at the Massachusetts Institute of Technology. Students will gain an understanding of the key concepts and processes of supply chain management, and how to apply them in a business context. ▼
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Course Feature
Cost:
Free
Provider:
ThaiMOOC
Certificate:
Paid Certification
Language:
English
Start Date:
3rd Apr, 2024
Course Overview
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Updated in [March 06th, 2023]
This Supply Chain Fundamentals course is part of the MITx MicroMasters Credential in Supply Chain Management, offered by the #1 ranked SCM Master's program at the Massachusetts Institute of Technology. It provides learners with the foundational skills for supply chain management and logistics, teaching them how to develop and apply analytic tools, approaches, and techniques used in the design and operation of logistics systems and integrated supply chains. The course is taught from a managerial perspective, with an emphasis on where and how specific tools can be used to improve the overall performance and reduce the total cost of a supply chain.
The main topic areas covered in this course are Demand Forecasting, Planning, and Management; Inventory Planning, Management, and Control; and Transportation Planning, Management, and Execution. Learners will develop and use models to analyze these situations, and make use of examples from industry to provide illustrations of the concepts in practice. This is an applied analytical course that addresses real problems found in practice.
[Applications]
Upon completion of this course, students should be able to apply the concepts and tools learned to analyze and improve the performance of supply chains. They should be able to develop and use models to analyze and optimize the design and operation of logistics systems and integrated supply chains. Additionally, they should be able to identify and analyze the impact of various factors on the performance of supply chains.
[Career Paths]
1. Supply Chain Manager: Supply chain managers are responsible for overseeing and managing the entire supply chain process, from procurement to production to distribution. They must ensure that the supply chain is efficient and cost-effective, while also meeting customer demands. Supply chain managers must have a strong understanding of the latest trends and technologies in the industry, as well as the ability to develop and implement strategies to improve the supply chain process.
2. Logistics Analyst: Logistics analysts are responsible for analyzing and optimizing the supply chain process. They must have a strong understanding of the supply chain process and be able to identify areas of improvement. Logistics analysts must also be able to develop and implement strategies to improve the efficiency and cost-effectiveness of the supply chain process.
3. Supply Chain Consultant: Supply chain consultants are responsible for providing advice and guidance to companies on how to improve their supply chain processes. They must have a strong understanding of the latest trends and technologies in the industry, as well as the ability to develop and implement strategies to improve the supply chain process.
4. Supply Chain Analyst: Supply chain analysts are responsible for analyzing and optimizing the supply chain process. They must have a strong understanding of the supply chain process and be able to identify areas of improvement. Supply chain analysts must also be able to develop and implement strategies to improve the efficiency and cost-effectiveness of the supply chain process.
[Education Paths]
1. Bachelor of Science in Supply Chain Management: A Bachelor of Science in Supply Chain Management is a four-year degree program that focuses on the fundamentals of supply chain management, including logistics, inventory management, and transportation. Students learn how to analyze and optimize supply chain operations, as well as how to develop and implement strategies to improve efficiency and reduce costs. This degree is becoming increasingly popular as businesses recognize the importance of having a well-managed supply chain.
2. Master of Science in Supply Chain Management: A Master of Science in Supply Chain Management is a two-year degree program that focuses on advanced topics in supply chain management. Students learn how to develop and implement strategies to improve supply chain performance, as well as how to analyze and optimize supply chain operations. This degree is becoming increasingly popular as businesses recognize the importance of having a well-managed supply chain.
3. Doctor of Philosophy in Supply Chain Management: A Doctor of Philosophy in Supply Chain Management is a four-year degree program that focuses on the research and development of supply chain management. Students learn how to analyze and optimize supply chain operations, as well as how to develop and implement strategies to improve efficiency and reduce costs. This degree is becoming increasingly popular as businesses recognize the importance of having a well-managed supply chain.
4. Executive Master of Business Administration in Supply Chain Management: An Executive Master of Business Administration in Supply Chain Management is a two-year degree program that focuses on the management of supply chain operations. Students learn how to analyze and optimize supply chain operations, as well as how to develop and implement strategies to improve efficiency and reduce costs. This degree is becoming increasingly popular as businesses recognize the importance of having a well-managed supply chain.
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