Logistics Systems, Fall 2003
(Complete Item Description)
- Abstract:
This course is a survey of analytic tools, approaches, and techniques which are useful 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. There is 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 following topics are covered: Demand Forecasting Tools, Inventory Control Algorithms, Transportation Operations and Management, Vehicle Routing, Scheduling, Fleet Dispatching Algorithms and Approaches, Optimization of Transportation Carrier Operations, Supply Chain Network Design, Procurement, Sourcing, and Auctions (including Combinatorial Auctions), Management and Minimization of Supply Chain Uncertainty and Supply Contracts and Collaboration. In addition to model development, the course uses examples from industry to provide illustrations of the concepts in practice. This is not, however, a case study course.
- Subject:
- Science and Technology
- Grade Level:
- Post-secondary
- Collection:
- MIT OpenCourseWare