An advanced, professional, graduate-level foundation in Supply Chain Management.
Five on-line courses and one comprehensive final exam, representing the equivalent of one semester's worth of coursework at MIT. View credential on edX
SCx Course Listing and Dates
The CFx consists of two, 2-hour, timed and proctored exams. The CFx covers all content from the five SCx courses.The first Virtual CFx will be held from Friday 19 May 2017 at 1500 UTC to Monday 22 May 2017 at 1500 UTC. Only students who are identified as having completed the required courses will be invited to the CFx. The exam cost will be $600. Comprehensive Final Exam (CFx) FAQs ***The next CFx will be offered in spring of 2018. An official date has not yet been set for the next exam.
Scholarship for Arab League Nationals
The Abdulla Al Ghurair Foundation for Education (AGFE), a UAE-based Foundation focused on providing educational opportunities for high-achieving underserved to Arab youth, is pleased to announce that due to popular demand, it is re-opening applications for scholarships for the Supply Chain Management (SCM) MITx MicroMasters Program! If you are a national of an Arab League nation and are under 30 years old, you may qualify for this scholarship. Learn more here: http://www.alghurairfoundation.org/en/content/open-learning-scholars
These five courses comprise the MITx MicroMasters Credential in Supply Chain Management. NOTE: The prerequisites for each course are only recommendations and are not hard requirements. While it is preferred that students take the classes in the numbered sequence, they may be taken in any order.
CTL.SC0x - Supply Chain Analytics - Key Concepts (pdf download)
Prerequisites: None. Description: This course introduces and explains the analytical methods generally used by logistics and supply chain practitioners. The course will cover topics with a focus on: basic data management (cleaning, handling etc.), Probability (random variables, continuous and discrete distributions, measurement, etc.), Statistics (sampling and inference, hypothesis testing, regression, etc.), Simulation (Monte Carlo, Discrete Time period), and Optimization (classic unconstrained, network models, and linear, integer and mixed linear programs). The focus is on the application of these techniques and methodologies to problems in the supply chain space.
CTL.SC1x - Supply Chain Fundamentals - Key Concepts (pdf download)
Prerequisites: SC0x. Description: This course is a survey of the fundamental analytic tools, approaches, and techniques used in the design and operation of logistics systems and integrated supply chains. The material is taught from a managerial perspective, with an emphasis on where and how specific tools can be used to improve the overall performance and reduce the total cost of a supply chain. We place a strong emphasis on the development and use of fundamental models to illustrate the underlying concepts involved in both intra- and inter-company logistics operations. The three main topic areas we will focus on are: Demand Forecasting, Inventory Management, and Transportation Planning. While our main objective is to develop and use models to help us analyze these situations, we will make heavy use of examples from industry to provide illustrations of the concepts in practice. This is neither a purely theoretical nor a case study course, but rather an analytical course that addresses real problems found in practice.
CTL.SC2x - Supply Chain Design - Key Concepts (pdf download)
Prerequisites: SC0x and SC1x. Description: This course covers all aspects involved in the design of supply chains for companies and organizations anywhere in the world. The course is divided into four main topic areas: Physical flow design, Supply chain finance, Information flow design, and Organization/Process design. In the design of physical flows, we show how to formulate and solve Transportation, Transshipment, Facility Location, and Network Design Problems. For financial flows we show how to translate supply chain concepts and actions into the language of the Chief Financial Officer (CFO) of a company. We cover Activity Based Costing, Working Capital, the Cash-to-Cash cycle and Discounted Cash Flow Analysis. The design of the information flow section describes how firms communicate with suppliers (procurement, risk contracts), internal resources (production planning, bills of materials, material requirements planning), and customers (Sales & Operations Planning and other collaboration based processes). In the last section, we introduce performance metric design and organizational design within the supply chain organization focusing mainly on the centralize/decentralize decision.
CTL.SC3x - Supply Chain Dynamics - Key Concepts (pdf download)
Prerequisites: SC0x, SC1x, and SC2x. Description: This course covers additional aspects of supply chains. Topics introduced include: Supply Chain Strategy, Supply Chain Risk, System Dynamics, Global Logistics, Freight Transportation, Warehouse Management, etc. Other special topics to be covered include Sustainability, Urban Logistics, and Humanitarian logistics.
CTL.SC4x - Supply Chain Technology and Systems Key Concepts (pdf download)
Prerequisites: SC0x, SC1x, SC2x, and SC3x. Description: This course will cover the technology used within supply chains with a special focus on handling exceptionally large data sets. The topics covered include: Databases, SQL, Data visualization, and Large Scale analysis. Additionally, we will introduce and explain interactions and connections between systems used within supply chains, to include: Order Management Systems, Transportation Management Systems, Warehouse Management Systems, Inventory Management Systems, etc.
About the MITx MicroMasters Credential in Supply Chain Management
On October 7, 2015, President Rafael Reif announced the launch of the MITx MicroMasters Credential in Supply Chain Management. This is a new educational certification program that offers learners around the world a way to gain and demonstrate expertise in the growing field of Supply Chain management. Additionally, students earning the MITx MicroMasters Credential have the opportunity of applying those credits toward a Masters Degree at MIT through the Blended Supply Chain Management Program.