Home MIT Supply Chain Analytics

Supply Chain Analytics

705
0
Supply Chain Analytics

Master and apply the core methodologies used in supply chain analysis and modelling, including statistics, regression, optimization and probability ​- part of the MITx Supply Chain Management MicroMasters Credential.

MIT Online Course Highlights
  • 15 weeks long
  • 8-12 hours a week
  • FREE, Upgradable
  • Self-Paced
  • Taught by: Chris Caplice, Director, MITx MicroMasters Program in Supply Chain Management
  • View Course Syllabus

MIT

 

Online Course Details:

Supply chains are complex systems involving multiple businesses and organizations with different goals and objectives. Many different analytical methods and techniques are used by researchers and practitioners alike to better design and manage their supply chains. This business and management course introduces the primary methods and tools that you will encounter in your study and practice of supply chains. We focus on the application of these methods, not necessarily the theoretical underpinnings.

We will begin with an overview of introductory probability and decision analysis to ensure that students understand how uncertainty can be modeled. Next, we will move into basic statistics and regression. Finally, we will introduce optimization modeling from unconstrained to linear, non-linear, and mixed-integer linear programming.

This is a hands-on course. Students will use spreadsheets extensively to apply these techniques and approaches in case studies drawn from actual supply chains.

What you’ll learn

  • Basic analytical methods
  • How to apply basic probability models
  • Statistics in supply chains
  • Formulating and solving optimization models

Take This Online Course