Supply Chain and Logistics Fundamentals
Registration Link: Supply Chain and Logistics Fundamentals
Start Date: September 30, 2014 (11 Weeks)
Workload: 6-8 Hours Per Week
Instructor: Chris Caplice
Credentials: Dr. Caplice teaches logistics and supply management at MIT, ranked #1 (graduate) and #2 (undergraduate) in this field. He oversees the MIT Freight Lab, which researches ways to improve the design and management of freight transportation. He also manages the MIT Center for Transportation and Logistics and MIT’s Global SCALE Network. Caplice, who holds a Ph.D. from the University of Texas, also serves as the chief scientist for Chainalytics, a supply chain consulting firm.
Graded: Students can earn a Certificate of Achievement by completing all coursework. However, they can also audit the course to access to all course materials.
Description: The first of a three-part series, Supply Chain and Logistics Fundamentals covers the underlying tools and techniques inherent to designing and managing supply chains. In particular, the course covers consumer demand forecasting, inventory control, and transportation management. The course is taught from a managerial perspective, with special emphasis on increasing speed, cutting costs, and avoiding surpluses.
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Additional Note: Students should come with a basic understanding of statistics, calculus, and probability.