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MITx: Supply Chains for Manufacturing: Inventory Analytics

Learn about effective supply chain strategies for companies that operate globally, with emphasis on how to plan and integrate supply chain components into a coordinated system.

This course was formerly known as Supply Chains for Manufacturing I.

Supply Chains for Manufacturing: Inventory Analytics
9 weeks
10–12 hours per week
Instructor-paced
Instructor-led on a course schedule
Free
Optional upgrade available

There is one session available:

31,709 already enrolled! After a course session ends, it will be archivedOpens in a new tab.
Started Mar 5
Ends May 7

About this course

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A supply chain entails two or more parties that are linked together by material, information and money flows. The management of a supply chain attempts to coordinate the activities of the parties so that merchandise is produced and distributed at the right quantities, to the right locations, and at the right time, in order to minimize system-wide costs while satisfying service level requirements.

As part of the Principles of Manufacturing MicroMasters program, this course will expose learners to concepts and models important in supply chain and manufacturing system planning,so that you canbettercoordinatevarious resources and assets to optimize the delivery of goods, with an emphasis on key tradeoffs and phenomena. There will be a particular emphasis on how to cope with variability as it arises across a supply chain. The course will introduce a set of operational tactics for dealing with supply chain variability, including:

  • Risk pooling
  • Inventory placement
  • Integrated planning and collaboration
  • Information sharing
  • Delayed differentation
  • Dual sourcing
  • Smoothing

Lectures, computer exercises, and case discussions introduce various models and methods for supply chain analysis and optimization.

Develop the engineering and management skills needed for competence and competitiveness in today’s manufacturing industry with the Principles of Manufacturing MicroMasters Credential, designed and delivered by MIT's #1-ranked Mechanical Engineering departmentin the world. Learners who pass the 8 courses in the program earn the MicroMasters Credential and qualify to apply to gain credit for MIT’s Master of Engineering in Advanced Manufacturing & Design program.

At a glance

  • Institution: MITx
  • Subject: Engineering
  • Level: Advanced
  • Prerequisites:

    Graduate-level Introduction to Logistics Systems or Operations Management

  • Associated programs:
  • Language: English
  • Video Transcript: English
  • Associated skills:Advanced Manufacturing, Management, Merchandising, Supply Chain Analysis, Supply Chain Integration, Mechanical Engineering, Planning, Supply Chain, Flexible Manufacturing Systems, Supply Chain Strategy, Service Level Objectives

What you'll learn

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  • Concepts and models for effective supply chain and manufacturing system planning
  • Operational tactics for managing variability
  • Integrated planning and collaboration

Frequently Asked Questions

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For more information, please see the POM FAQ Page.

This course is part of Principles of Manufacturing MicroMasters Program

Learn more 
Expert instruction
8 graduate-level courses
Instructor-led
Assignments and exams have specific due dates
1 year 5 months
10 - 12 hours per week

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