Supply Chain Management: A Decision-Making Framework

Université catholique de Louvain via edX

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Go to class

Provider

edX
Pricing

Free Online Course (Audit)
Languages

English
Certificate

$149.00 Certificate Available
Duration & workload

10 weeks, 6-8 hours a week
Sessions

On-Demand
Level

Intermediate
Subtitles

English

Found in

Overview

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In this business and management course, you’ll learn how make effective supply chain decisions that take into consideration all aspects of your business.

The course will take a helicopter view for decision-making. The helicopter view is built upon:

Key questions to decide on: manufacturing organization, late differentiation, location, distribution networks, …
Objectives relevant to your business: cost, speed, flexibility, reliability, …

We will work through questions such as:

Should you locate a process in a given country? This decision has an obvious impact on your HR costs, but it also affects your working capital and your ability to react to the market needs.
Should you centralize your distribution? This decision leads to economies of scale and a better product availability, but it also impacts your carbon emission.

By the end of this course, you will have built a framework that allows you to make better decisions.

Syllabus

1. Get the big picture First touch with the supply chain Rough sketch of what “Supply chain objectives” means Rough overview of strategic “Supply chain decision”
2. Objectives - The business Strategy and the Business target Market segment - attributes Financial objectives Company values and strategic aims Decision in a multi-criteria environment 3. Process Structure Process organization. Artisan – Line – Functional Simulation and examples Strength and Weaknesses Supply chain view and managerial focus MTS/MTO and late differentiation 4. Distribution Centralized/decentralized Distribution flows Warehousing and X-docking Supply chain view and managerial focus 5. Inventory Inventory types Inventory cost Inventory management and supply chain view

Taught by

Pierre Semal

Reviews

4.4 rating, based on 5 Class Central reviews

4.4 rating at edX based on 8 ratings

Start your review of Supply Chain Management: A Decision-Making Framework

Dheeraj Negi

I recently completed a decision-making framework course, and it was an outstanding experience. The course content was comprehensive, covering various decision-making models and frameworks, and the instructors explained concepts clearly with relatabl…

I recently completed a decision-making framework course, and it was an outstanding experience. The course content was comprehensive, covering various decision-making models and frameworks, and the instructors explained concepts clearly with relatable real-world examples. What truly stood out was the interactive nature of the course, encouraging open discussions and collaboration among participants. This made learning enjoyable and provided diverse perspectives.

The practical approach was invaluable, offering tools and techniques for real-world application. The knowledgeable and approachable instructors were always ready to assist and share additional resources. The course organization was impressive, from well-designed materials to a user-friendly online platform.

I wholeheartedly recommend this course to anyone seeking to enhance their decision-making skills. Whether for professional development or personal growth, it equips you with valuable knowledge and tools. It's a fantastic investment in your future, and I'm grateful for the opportunity to have attended. Thank you to the instructors and organizers for this exceptional learning experience!
Anonymous

The course was excellent, and the topics were well-explained by the teacher. However, I have a concern: it's been a month since I finished the course, and my week 1 and week 7 assignments, which require peer review, haven't been assessed yet. This lack of communication from the management is causing anxiety, especially with the course ending tomorrow. Getting these assignments reviewed is crucial for me to reach the 60% requirement for the certificate.
Anonymous

Now we know all big picture of SCM included Business Target and Strategy which are lead us to meet company mission , value and goal. Besides, we learn more about Macro & Micro attribute with supply chain process . I can apply them in our jobs and te…

Now we know all big picture of SCM included Business Target and Strategy which are lead us to meet company mission , value and goal.
Besides, we learn more about Macro & Micro attribute with supply chain process . I can apply them in our jobs and team.
Note only theory MTO and MTS but I know more about stock (pipe line, CS, SS and anti. S) and how to reduce inventory and cost.
Warehousing is very important for our distribution if we well manage we can save a lot of money and increase cash flow. Outsourcing is the alternative for supply chain whole chain for example - Customer Service, IT, WH, LE.
The SC decision making course is concentrated in CSR , environment in term of sustainable .
That why I like this course and will suggest to others.
Thanks,
Nilawan.
Julie Wood

I loved this course. I have over 20 years of Supply Chain work experience, but have never taken any formal qualifications until this course. Not only did this course help me consolidate my work experience, it also taught me new ideas, and how to view the supply chain from end to end. Adding this qualification to my CV also helped with my employability, and helped me secure a more senior position. I hope more supply chain courses like this will run soon.
Jorge Luis Jaldín Larraín

Excellent course; it covers key concepts and business strategies for planning your organization from the very beginning. To make the most of this course it is preferable that you have some past job experience in order to apply concepts in your daily activities. For any willing to take SCM micromasters courses from MIT, I strongly recommend to take this course first.