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Supply Chain Analytics

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Course Features

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Duration

15 weeks

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Delivery Method

Online

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Available on

Limited Access

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Accessibility

Mobile, Desktop, Laptop

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Language

English

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Subtitles

English

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Level

Beginner

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Effort

12 hours per week

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Teaching Type

Instructor Paced

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.

SC0x is different from our other courses as it is self-paced and has a scheduled final exam. All material is made available during the second week, allowing learners to begin with any topic at their own convenience.

Course Overview

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Live Class

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Human Interaction

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Personlized Teaching

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International Faculty

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Case Based Learning

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Post Course Interactions

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Case Studies,Instructor-Moderated Discussions

Skills You Will Gain

Prerequisites/Requirements

Secondary school algebra and basic mathematics concepts

Passing knowledge of statistics and probability

What You Will Learn

Basic analytical methods

How to apply basic probability models

Statistics in supply chains

Formulating and solving optimization models

Course Instructors

Chris Caplice

Director, MITx MicroMasters Program in Supply Chain Management

Dr. Caplice has been teaching logistics and supply chain management at MIT for over a decade. He is also responsible for the planning and management of the research, education, and corporate outreach...
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