The CTL.SC1x Supply Chain Fundamentals course provides the foundational skills for supply chain management and logistics. You will learn how to develop and apply analytic tools, approaches, and techniques used in the design and operation of logistics systems and integrated supply chains. The material 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 Massachussets Institute of Technology places a strong emphasis on the development and use of fundamental mathematical models to illustrate the underlying concepts involved in both intra- and inter-company logistics operations.
Topics of study
Demand, forecasting, planning, and management
Inventory planning, management, and control
Transportation planning, management, and execution
While the main objective of this course is to develop and use models to help you analyze these situations, it will make heavy use of examples from industry to provide illustrations of the concepts in practice. This is neither a purely theoretical nor a case study course, but rather an applied analytical course that addresses real problems found in practice. This course will teach you how to:
Incorporate and manage uncertainty and risk within supply chain management
Segment different customers, products, and channels and design an optimal portfolio of logistics approaches and strategies for these various segments
Identify, design, and implement the appropriate forecasting methodology for each segment
Identify, design, and implement the appropriate inventory replenishment policy for each segment
Select the optimal transportation routing and modal choice for each segment
High school level algebra and basic mathematical manipulation
Familiarity with undergraduate probability, statistics, and calculus
Who can take this course?
Unfortunately, learners from the following countries or regions will not be able to register for this course: Iran, Cuba, and the Crimea region of Ukraine. While edX has sought licenses from the U.S. Office of Foreign Assets Control (OFAC) to offer their courses to learners in these countries and regions, the licenses they have received are not broad enough to allow them to offer this course in all locations. EdX truly regrets that U.S. sanctions prevent them from offering all of their courses to everyone, no matter where they live.
About Massachusetts Institute of Technology (MITX)
Massachusetts Institute of Technology — a coeducational, privately endowed research university founded in 1861 — is dedicated to advancing knowledge and educating students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century. Through MITx, the Institute furthers its commitment to improving education worldwide.
MITx courses embody the inventiveness, openness, rigor, and quality that are hallmarks of MIT, and many use materials developed for MIT residential courses in the institute's five schools and 33 academic disciplines.