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Supply Chain Dynamics: Managing Complex Systems

This course is part of Supply Chain Management MicroMasters Program.

This comprehensive course from MIT explores the complex dynamics and interactions within supply chains. Using system dynamics approaches developed at MIT, students learn to model and understand complex supply chain systems. The course covers supply chain risk management, examining both potential disruptions and opportunities. Through case studies and simulations, students gain practical experience in analyzing and improving supply chain performance. The course builds on fundamental models and design principles, serving as a capstone for understanding successful supply chain management across industries.

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Supply Chain Dynamics: Managing Complex Systems

This course includes

13 Weeks

Of Live Classes video lessons

Advanced Level

Completion Certificate

awarded on course completion

26,091

Audit For Free

What you'll learn

  • Model and analyze complex supply chain systems using system dynamics approaches

  • Develop comprehensive risk management strategies for supply chains

  • Implement effective policies for managing supply chain disruptions

  • Optimize end-to-end supply chain performance

  • Apply system dynamics principles to real-world supply chain challenges

  • Evaluate and improve supply chain resilience

Skills you'll gain

supply chain management
system dynamics
risk management
supply chain optimization
complex systems
simulation
modeling
case studies
end-to-end supply chain
supply chain disruption

This course includes:

Live video

Graded assignments, Exams

Access on Mobile, Tablet, Desktop

Limited Access access

Shareable certificate

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Top companies provide this course to enhance their employees' skills, ensuring they excel in handling complex projects and drive organizational success.

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There are 3 modules in this course

The course delves into advanced supply chain management concepts, focusing on system dynamics and risk management. Students learn to model complex supply chain systems, understand risk factors and disruptions, and develop strategies for optimization. The curriculum includes hands-on simulations and real-world case studies, providing practical experience in managing supply chain dynamics. Special emphasis is placed on understanding interacting elements within supply chains and developing policies for improved performance.

Supply chain risk management

Module 1

Supply Chain Dynamics

Module 2

End to End Supply Chain Management

Module 3

Fee Structure

Individual course purchase is not available - to enroll in this course with a certificate, you need to purchase the complete Professional Certificate Course. For enrollment and detailed fee structure, visit the following: Supply Chain Management MicroMasters Program

Payment options

Financial Aid

Instructors

Chris Caplice
Chris Caplice

5 Courses

Director of the MITx MicroMasters Program in Supply Chain Management

Dr. Chris Caplice is the Director of the MITx MicroMasters Program in Supply Chain Management and a Senior Research Scientist at the MIT Center for Transportation & Logistics (CTL). With over a decade of teaching experience in logistics and supply chain management at MIT, he oversees research, education, and corporate outreach initiatives at CTL. Under his leadership, the MicroMasters program has attracted over 430,000 students from 196 countries since its launch in 2015, awarding nearly 3,000 credentials.

Yossi Sheffi
Yossi Sheffi

2 Courses

MIT's Supply Chain Pioneer and Serial Entrepreneur

Yossi Sheffi, born in 1948, serves as the Elisha Gray II Professor of Engineering Systems at MIT and Director of the MIT Center for Transportation and Logistics since 1992, holding dual appointments in Civil and Environmental Engineering and the Institute for Data, Systems, and Society. After completing his B.Sc. from the Technion in 1975 and his Ph.D. from MIT in 1978, he has dedicated his career to advancing systems optimization, risk analysis, and supply chain management. His impact extends beyond academia through nine influential books, including "The Resilient Enterprise," "The Power of Resilience," and his latest "The Magic Conveyor Belt." As an entrepreneur, he founded five successful companies: LogiCorp (acquired by Ryder), PTCG (acquired by Sabre), e-Chemicals (acquired by AspenTech), Logistics.com (acquired by Manhattan Associates), and Syncra Systems (acquired by Oracle). Under his leadership, MIT CTL has launched groundbreaking initiatives, including the MITx MicroMasters in Supply Chain Management reaching over a million registrants across 196 countries, and the SCALE network of academic centers worldwide. His contributions have earned him numerous accolades, including the Distinguished Service Award from the Council of Supply Chain Management Professionals, the Aragón International Prize, and an honorary doctorate from the University of Zaragoza.

Supply Chain Dynamics: Managing Complex Systems

This course includes

13 Weeks

Of Live Classes video lessons

Advanced Level

Completion Certificate

awarded on course completion

26,091

Audit For Free

Testimonials

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Frequently asked questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.