Supply Chain Design

Learn how to design and optimize the physical, financial, and information flows of a supply chain to enhance business performance - part of the MITx MicroMasters Credential in Supply Chain Management.

Syllabus

Design and optimize supply chain networks by formulating and solving transportation, transshipment, facility location, and network design problems
Translate supply chain initiatives into financial language and metrics that resonate with C-suite executives and key stakeholders
Apply financial frameworks including Activity-Based Costing, Working Capital management, Cash-to-Cash cycle analysis, and Discounted Cash Flow Analysis to supply chain decisions
Develop effective supplier management strategies encompassing procurement processes, risk management, and contract negotiation
Coordinate internal resources through production planning, bills of materials, and material requirements planning systems
Design better communication strategies, including Sales & Operations Planning and communication with customers