Supply Chain Dynamics

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9/10 stars
based on  5 reviews
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Cost FREE , Add a Verified Certificate for $200
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Course Details

Cost

FREE,
Add a Verified Certificate for $200

Upcoming Schedule

  • Upcoming

Course Provider

edX online courses
Harvard University, the Massachusetts Institute of Technology, and the University of California, Berkeley, are just some of the schools that you have at your fingertips with edX. Through massive open online courses (MOOCs) from the world's best universities, you can develop your knowledge in literature, math, history, food and nutrition, and more. These online classes are taught by highly-regarded experts in the field. If you take a class on computer science through Harvard, you may be tau...
Harvard University, the Massachusetts Institute of Technology, and the University of California, Berkeley, are just some of the schools that you have at your fingertips with edX. Through massive open online courses (MOOCs) from the world's best universities, you can develop your knowledge in literature, math, history, food and nutrition, and more. These online classes are taught by highly-regarded experts in the field. If you take a class on computer science through Harvard, you may be taught by David J. Malan, a senior lecturer on computer science at Harvard University for the School of Engineering and Applied Sciences. But there's not just one professor - you have access to the entire teaching staff, allowing you to receive feedback on assignments straight from the experts. Pursue a Verified Certificate to document your achievements and use your coursework for job and school applications, promotions, and more. EdX also works with top universities to conduct research, allowing them to learn more about learning. Using their findings, edX is able to provide students with the best and most effective courses, constantly enhancing the student experience.

Provider Subject Specialization
Sciences & Technology
Business & Management
22042 reviews

Course Description

Supply Chains are complex systems involving multiple firms and organizations with different goals and objectives. Additionally, there are external forces and trends that can impact (positively or negatively) a supply chain’s efficiency and effectiveness. Understanding the dynamics and risks within supply chains, both large and small, is key to being a successful supply chain professional. 

This course builds on the fundamental models introduced in SC1x and the design trade-offs covered in SC2x. It is essentially a capstone in understanding how to successfully model, design, and manage a supply chain in any industry. We will divide the course into three sections. 

First, we will introduce the field of System Dynamics. Developed at MIT, system dynamics is an approach that examines and models complex systems that feature interacting, non-linear, and dynamic elements. The objective is to bett...

Supply Chains are complex systems involving multiple firms and organizations with different goals and objectives. Additionally, there are external forces and trends that can impact (positively or negatively) a supply chain’s efficiency and effectiveness. Understanding the dynamics and risks within supply chains, both large and small, is key to being a successful supply chain professional. 

This course builds on the fundamental models introduced in SC1x and the design trade-offs covered in SC2x. It is essentially a capstone in understanding how to successfully model, design, and manage a supply chain in any industry. We will divide the course into three sections. 

First, we will introduce the field of System Dynamics. Developed at MIT, system dynamics is an approach that examines and models complex systems that feature interacting, non-linear, and dynamic elements. The objective is to better understand the underlying features of a complex system and to recommend policies and other actions to improve overall performance. 

Second, we will explore the concepts of supply chain risk. Supply chains are subject to a wide number of potential disruptions – from both within and outside of the supply chain.  Students will understand how supply chains can be better designed and managed to not only mitigate the downside of supply chain disruption but also to leverage and capture any upside. 

Finally, the students will engage in a series of more extended case studies and simulations that demonstrate these complex relationships. Actual case studies and examples from companies will be used to help students better prepare for actual situations.

MITx MicroMasters Credential in Supply Chain Management

The MITx MicroMasters Credential in Supply Chain Management is specifically designed and administered by MIT’s Center for Transportation & Logistics (CTL) to teach the critical skills needed to be successful in this exciting and growing field. In addition to being a standalone certificate demonstrating expertise in the field, students who complete all of the required courses and the final proctored exam will be qualified to apply to gain credit at MIT for the blended graduate master's degree program. In order to qualify for the MITx MicroMasters Credential in Supply Chain Management you need to earn a Verified Certificate in all of the required courses. When you register for a Verified Certificate you will also be granted access to additional practice problems, supplemental readings, and opportunities for increased interaction with the faculty and teaching staff.

To learn more about the MITx MicroMasters Credential in Supply Chain Management, please visit http://scm.mit.edu/micromasters

MITx requires individuals who enroll in its courses on edX to abide by the terms of the edX honor code. MITx will take appropriate corrective action in response to violations of the edX honor code, which may include dismissal from the MITx course; revocation of any certificates received for the MITx course; or other remedies as circumstances warrant. No refunds will be issued in the case of corrective action for such violations.

Supply Chain Dynamics course image
Reviews 9/10 stars
5 Reviews for Supply Chain Dynamics

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student

10/10 starsCompleted
1 year, 6 months ago
Of the first 5 courses in this series this is by far the easiest. Unlike previous courses, Dynamics is not completely quantitative, and the learning curve is not as fast or sharp. It does however build on previous courses and there are parts where it would be beneficial to have taken the courses in sequence. In the past, I have been very hard on test questions being overly difficult and not following the course material, but that is not the case here. Test material followed the homework, practice problems and information given in the reading so there were no surprises, trough the wording could be very tricky at times. A good course, worth your time.
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Shirley Kuhn profile image
Shirley Kuhn profile image

Shirley Kuhn

10/10 starsTaking Now
3 years, 2 months ago
I feel fortunate to have an internet connection which enable me to further my training, education, refresh knowledge, and to further develop my skills and qualifications through virtual free portals. I believe and live continuous learning. Edx is opening a door and providing opportunities to me, to formalize proof of knowledge, skills and qualitative, quantifiable experience. It's up to the recipient how he/she interprets information and the quality he/she gain from it. Personally, all relevant information is to me, an asset.
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Moazzam Khan profile image
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Moazzam Khan

10/10 starsTaking Now
3 years, 2 months ago
I feel rejoice, being a part of this course/instructors. Shall complete this course soon..Having completed my Masters in Business Administration with major's in Marketing, I always want to specialize the supply chain management. Unfortunately due to work load and other commitments was unable achieve that goal, however now since I am Enrolled in EDX program, I do have positive hopes...
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bhaskar babu profile image
bhaskar babu profile image

bhaskar babu

8/10 starsTaking Now
3 years, 3 months ago
I initially thought that the Supply chain management is difficult to lear. But looks like its no more difficult with courses like this :) .. Adios to the instructor in designing this beautiful course.
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Chiadikobi Umeh profile image
Chiadikobi Umeh profile image

Chiadikobi Umeh

10/10 starsTaking Now
3 years, 6 months ago
The course content is good and encompassing like risk management;the instructors are OK based on what I have seen but waiting to see what they will deliver to reach my conclusion. The provider is just awesome. All i need to get in this process of the program is more practical things than theoritical.
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