Harvard MBA EDX

Can you tell me in details about the Supply Chain Dynamics course offered under edX Business & Management learning platform by Harvard?

[Shaleen]

Through the edX learning platform, founded by Harvard and The Massachusetts Institute of Technology (MIT), anyone with an Internet connection can gain access to courses from Harvard, MIT, and other partner academic institutions.

The online courses cover the core concepts in all areas of business including entrepreneurship, economics, finance, marketing and product development.

One learn about business contracts, supply chain management, statistical analysis and much more with online courses from Harvard, MIT, Cornell and other top universities.

edX Business & Management Course - Supply Chain Dynamics

Supply Chains are multifaceted systems involving multiple firms and organizations with different goals and objectives.

There are external forces and trends that can impact a supply chain’s competence and effectiveness. Understanding the dynamics and risks within supply chains is the key to being a successful supply chain professional.

It builds on the fundamental models introduced in SC1x and the design trade-offs covered in SC2x.

It is basically a capstone in understanding how to successfully model, design, and manage a supply chain in any industry. It divides the course into three sections.

First, it introduces the field of System Dynamics.
Developed at MIT, system dynamics is an approach that examines and models complex systems that feature interacting, non-linear, and dynamic elements.
The objective is to better understand the underlying features of a complex system and to recommend policies and other actions to improve overall performance.

Second, it explores the concepts of supply chain risk.
Supply chains are subject to a wide number of potential disruptions – from both within and outside of the supply chain.
Students will understand how supply chains can be better designed and managed to not only mitigate the downside of supply chain disruption but also to leverage and capture any upside.

Finally, one engages in a series of more extended case studies and simulations that demonstrate these complex relationships.
Actual case studies and examples from companies will be used to help students better prepare for actual situations.

One Learns:

Supply chain risk management
Supply Chain Dynamics
End to End Supply Chain Management