Online Certificate in Digital Supply Chain: Reinventing Supply Chains for the Future
Online
DURATION
6 Weeks
LANGUAGES
English
PACE
Part time
APPLICATION DEADLINE
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EARLIEST START DATE
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TUITION FEES
USD 2,600
STUDY FORMAT
Distance learning
Scholarships
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Introduction
The Modern Supply Chain: Flexible, Collaborative, and Resilient
Supply chain professionals and business leaders realize that they need to become more flexible, collaborative, and resilient. But what does the strategy and implementation look like for digital supply chain transformation? It turns out that there is a formula for success.
Dr. Maria Jesús Saénz, Director of the Digital Supply Chain Transformation Lab at the MIT Center for Transportation and Logistics, offers up a proven framework that thrives at the intersection of four key elements: strategy, technology, operations, and organizations.
Why Now?
- 20% Transforming the supply chain digitally can lead to a 50% reduction in process costs and an increase in revenue by 20%. (Source: MIT Digital Supply Chain Lab)
- 2025 By 2025, the supply chain's underlying architecture will have changed, and operations will no longer be the same. To become more agile and robust, processes will need to be digitally enabled from start to finish. (Source: EY Research)
- 1% A survey of global supply chain leaders performed in 2021 reveals that the digital transformation of supply chains has raised the requirement for digital skills, yet just 1% of organizations have the necessary competence. (Source: McKinsey & Company)
Program Highlights
- Special faculty session on why digital supply chains fail
- Insights from renowned MIT faculty and experts
- Case studies, discussions, and application exercises offer multiple pathways to learning
- A comprehensive overview of supply chain digitalization, which can create your competitive advantage
- Observe successful examples of digital transformation in supply chains driving growth and efficiency
- Earn a certificate from MIT xPRO to recognize your skills and success
Ideal Students
Who Is This Program For?
This six-week program is designed for professionals across the following roles:
- Early-and Mid-Career Operations, Logistics, and Supply Chain Professionals: Access new strategies and tools that impart efficiency and resilience and reimagine the supply chain as a source of competitive advantage
- Business and Functional Leaders in Operations, Strategy, and Logistics: Understand how every link in the supply chain can serve as a lever for growth, innovation, resilience, and market leadership
- Strategy and Business Consultants: Develop a mindset that spans all business processes in order to facilitate collaboration, optimization, and performance improvement for clients
Program Outcome
Key Takeaways
Over the course of this six-week program, you will examine the key capabilities needed to create and execute digital transformations within your organization and within your broader ecosystem of vertical and horizontal partners.
- Champion the Digital Supply Chain Framework to create a strategic roadmap for digital supply chain transformation in your organization
- Examine the characteristics of end-to-end (E2E) visibility in supply chains and understand why it is critical and how to develop this core capability
- Explore the myriad of ways that analytics can turbocharge your supply chain initiatives and help solve common problems
- Build the confidence to spearhead AI-centric solutions in your supply chain, including human-machine teaming
- Master the interactions between strategy, technology, processes, and organization
- Build greater resilience and preparedness for future disruptions
- Reduce costs and improve agility and the overall efficiency of the supply chain function
Curriculum
Key Topics
- Resilience in global supply chains
- A framework for digital supply chain transformation
- End-to-end (E2E) visibility as a digital and supply chain capability
- The truths about data
- Data integration and the cycle of data analytics in SCM
- Human-machine teaming in AI-driven supply chains
- Digital platforms, digital twins, automation, and servitization
- A road map for successful digital supply chain transformation
Program Topics
Module 1: Supply Chain Capabilities
Build your understanding of modern supply chain management practices and learn about the various drivers and capabilities needed to build a resilient supply chain.
Module 2: Framework for Digital Supply Chain Transformation
The Digital Supply Chain Framework, created by Professor Saénz, helps us create a road map for reaching our digitalization goals. The DSC Framework guides us away from common pitfalls and toward solutions that balance the trade-offs between strategy, technology, processes, and organizational needs.
Module 3: End-to-End Supply Chain Visibility
E2E supply chain visibility is a critical success factor for achieving supply chain excellence, allowing businesses to communicate, solve problems, and provide service to partners and customers along the entire chain of events.
Module 4: Analytics and Machine Learning in Supply Chains
Draw on the many analytic tools that maximize data ROI for supply chains and explore supply chain applications for three different types of machine learning.
Module 5: AI Applications in Supply Chains
Deploying AI-centric solutions successfully requires distinct capabilities within the organization and the realization that AI is dynamic and still evolving.
Module 6: Emerging Trends in Supply Chain Management
Gain insights into why digital supply chain strategies fail and gather future-ready strategies for creating a flexible, agile, and resilient supply chain ecosystem that endows your competitive advantage.