Supply Chain Fundamentals.

Supply chains are complex and global enterprises that require both analytical and practical perspectives to successfully balance efficiency with flexibility and resilience. This course provides the foundational skills required for supply chain management and logistics by introducing analytical tools and techniques used to design and operate logistics systems and integrated supply chains. Through mathematical models, hands-on applications, and real-world examples from industry, you’ll learn to harness mathematical models to master critical supply chain functions: demand forecasting, inventory management, and transportation planning and execution. By the end of this course, you'll be equipped to improve overall supply chain performance and strategically reduce total costs. Supply Chain Fundamentals is an instructor-paced course. Course content is released on a weekly basis, and a comprehensive syllabus, deadlines, and requirements are provided in Week 0 of the course. This Supply Chain Fundamentals course is part of the MITx MicroMasters Credential in Supply Chain Management , offered by #1 ranked SCM Master's program at the Massachusetts Institute of Technology. This is an open enrollment course, making it accessible for almost anyone, anywhere in the world to enroll and learn for free. 3b

• 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.
• Recommended - CTL.SC0x Supply Chain Analytics