This week’s topics
SCOR Metrics and Benchmarking
- Perfect order fulfillment measurement
- Supply chain responsiveness and agility metrics
- Cash-to-cash cycle time
- Total cost to serve calculations
- Operating Cycle vs. Cash Conversion Cycle | Financial Statement Analysis
- Supply chain network design and inventory management for cost-efficient, in-time, perfect deliveries
- MITx MicroMasters SC1x - Live Event 1A - Total Cost Equation
What you will be able to do
- 4.1 Explain the application of the Supply Chain Operation Reference (SCOR) model in logistics and supply chain management.
- 4.2 Assess internal and external supply chain configurations and performance in logistics and supply chain management.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: explain the application of the Supply Chain Operation Reference (SCOR) model in logistics and supply chain management.
Study materials
Videos
- Operating Cycle vs. Cash Conversion Cycle | Financial Statement Analysis · YouTube · Edspira · 7 min · for registered students
- Supply chain network design and inventory management for cost-efficient, in-time, perfect deliveries · YouTube · MIT Center for Transportation & Logistics · 50 min · for registered students
- MITx MicroMasters SC1x - Live Event 1A - Total Cost Equation · YouTube · MIT Center for Transportation & Logistics · 20 min · for registered students
Further resources
- MIT OCW ESD.260J Logistics Systems (Fall 2006), Supply chain fundamentals and segmentation · PDF · MIT OpenCourseWare, slides · for registered students
- Operations Management (Fanshawe), ch. 7: Supply Chain Management · Reading · Other, textbook chapter; PDF pp. 285–330 · for registered students
- Introduction to Logistics, ch. 3: The Cost of Logistics · Reading · Other, textbook chapter; PDF pp. 42–50 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
