Overview

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.

This is an open enrollment course , making it accessible for almost anyone, anywhere in the world to enroll and learn for free.

Syllabus

Week 1: Overview of Supply Chain Design: Introduction to Network Flow models.
Week 2: Basic Supply Chain Network Design: Facility Location and Network Design problems.
Week 3: Advanced Supply Chain Network Design: Modeling multiple products, multiple echelons, and multiple time periods.
Week 4: Supply Chain Finance I: Activity Based Costing, Working Capital, and Cash-to-Cash conversation cycle.
Week 5: Supply Chain Finance II: Discounted cash flow analysis and capital budgeting and investing.
Week 6: Supplier Management I: Auctions, sourcing, and procurement.
Week 7: Supplier Management II: Optimization based procurement, and risk sharing.
Week 8: Production Planning: Introduction to Bills of Material (BOM), Material Resource Planning (MRP) systems, and Distribution Resource Planning (DRP) systems.
Week 9: Demand Management: Challenges of collaboration with customers and management levers to improve coordination.
Week 10: Process & Organizational Design: The design of the supply chain organization itself.

Taught by

Jarrod Goentzel, James Blayney Rice Jr., Yossi Sheffi and Chris Caplice

Reviews

4.8 rating, based on 5 Class Central reviews

4.5 rating at edX based on 147 ratings

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Aditya Rajbhar

In November 2020, executives from Amazon, Ikea, Nike, and other high-profile companies were called before the U.K. Parliament to address claims that their suppliers might be using forced labor.1 Members of the House of Commons’ Business, Energy and…

In November 2020, executives from Amazon, Ikea, Nike, and other high-profile companies were called before the U.K. Parliament to address claims that their suppliers might be using forced labor.1 Members of the House of Commons’ Business, Energy and Industrial Strategy Committee were investigating the potential exploitation of Uyghur Muslims from the Xinjiang region of China.2 They directly challenged company representatives on how their organizations maintain visibility into and combat modern slavery within their supply chains.

With businesses’ sourcing practices under such scrutiny, supply chain transparency has become an imperative in many industries. Emerging regulations such as the U.K. Modern Slavery Act and the California Transparency in Supply Chains Act are not the only drivers of this trend, however. In industries such as apparel, consumer electronics, and food and beverage, companies are facing pressures from all sides to demonstrate better environmental and social practices in their supply chains.
Vaibhav Vardhan

This course is a good primer to someone starting out a business in retail. This was both challenging and fruitful as the concepts shared are relevant to everyday situations. Loved the roller coaster.
Anonymous

My name is Andrew Onuorah. I am Nigeria ,47 years of age.worked for over 18 years with Nigeria Bottling company. Currently requesting for a degree certificate on supply chain
Kristen Cone
Arvind Ramamurthy

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Advanced Supply Chain Systems Planning and Network Design

Master’s Degree in Supply Chain Management

Supply Chain Management

Supply Chain Management and Analytics

Supply Chain Fundamentals

ABCs of Supply Chain

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