Master Award in
Supply Chain Planning, Modeling and Analytics
Master Award could transfer 20 credits and full tuition fees to Master’s programs by SIMI and University Partners.
Master Award in Chain Planning, Modeling and Analytics
The unit aims to provide learners with in-depth knowledge about planning processes across all key aspects of supply chain management. The relevance of each of the planning processes, the associated information requirements and modelling and analytic techniques are covered.
Could transfer 20 credits and full tuition fee to the Master of Logistics and Supply Chain Management (MLSCM) of SIMI Swiss and University Partners.
Learning Outcomes:
1. Understand supply chain planning models and approaches used in contemporary business operations.
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1.1 Explain qualitative and quantitative approaches to supply chain operations.
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1.2 Apply appropriate forecasting techniques.
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1.3 Evaluate the appropriateness of supply networks.
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1.4 Apply location planning models for different entities in the supply network.
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1.5 Apply appropriate inventory control and management approaches.
2. Understand the integration of supply chain planning, scheduling, and control approaches in business operations.
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2.1 Analyse the relationships between aggregate and hierarchical planning and control.
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2.2 Apply the concepts of Material Planning and Control and other capacity management strategies.
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2.3 Evaluate the implementation of Enterprise Resource Planning (ERP) system in business operations.
3. Understand the application of data analytics in supply chain management.
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3.1 Explain the use and relevance of simulation techniques in each of the key areas of supply chain management.
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3.2 Explain the use and relevance of big data analytical techniques in each of the key areas of supply chain management.
Topics:
- Importance of planning to supply chain management, key planning areas and overview of different qualitative and quantitative approaches to planning
- Moving average, exponential smoothing, and regression based forecasting techniques, seasonality calculations, forecasting error
- Different kinds of centralized/decentralized supply networks for different cost-service requirements, dynamics across the supply chain (Bullwhip effect) and its control
- Factor rating and centre of gravity models for location assessment
- Different kinds of inventory, importance of inventory control, inventory management related performance measures, perpetual inventory (Reorder point, safety stock and EOQ) and periodic inventory control (review period and target inventory) techniques, customer service levels (fill rate, cycle service levels), newsvendor problem, ABC and VED techniques for inventory control, inventory counting, role of information in inventory management, centralised and decentralised inventory (square root law)
- Role and mechanism of aggregate and sales and operations planning, chase, level and hybrid planning options, Master production schedule, material requirements planning (incl. lot sizing rules), manufacturing resources planning, distribution resources planning, enterprise resource planning, yield/revenue management principles
- Role/relevance of simulation and major simulation techniques and applications, Discrete event simulation, system dynamics, use/relevance of data analytical tools in different aspects of SCM, clustering, classification and association pattern recognition techniques
Indicative reading list
- Jacobs, R.F., Berry, W., Whybark, D. and Vollmann, T. (2018). Manufacturing Planning and Control for Supply Chain Management, 2nd Edition, McGraw-Hill Education
- Chopra, S. (2019). Supply Chain Management: Strategy, Planning, and Operation, Global Edition, Pearson
- Benton, W. (2013). Supply Chain Focused Manufacturing Planning and Control, South-Western College Pub
- Hillier, F, and Hillier, M. (2018). ISE Introduction to Management Science: A Modeling and Case Studies Approach with Spreadsheets, 6th Edition, McGraw –Hill Education
- Watson, M., Lewis, S., Cacioppi, P. and Jayaraman, J. (2012). Supply Chain Network Design: Applying Optimization and Analytics to the Global Supply Chain. Pearson FT Press.
Entry requirements
To enroll The Master Award, the learner must possess:
- Graduated with a Bachelor’s degree from an accredited university or achieved a Level 6 Diploma according to the European Qualifications
- For a degree from non-global accredited universities; The learner should have followed Accreditation of Prior Experiential Learning for Qualifications (APELQ) policy of SIMI and/or University Partners.
- Learners must be over 21 years old
The SIMI Swiss reserves the highest decision-making power for admission whether to accept or not accept after a specific review of each candidate’s profile to ensure that they can comprehend and gain benefits when participating. For the fake university or diploma mills, University Partners shall not be accepted.
English requirements
If a learner is not from a predominantly English-speaking country, proof of English language proficiency must be provided.
- Common European Framework of Reference (CEFR) level B2 or equivalent
- Or A minimum TOEFL score of 101 or IELTS 6.5; Reading and Writing must be at 6.5 or equivalent
After graduating with Master Award, students receive all certified documents from the SIMI Swiss.
Certified Documents:
- e-Certificate from the Swiss Information and Management Institute (SIMI Swiss).
- Hard copy certificate from the Swiss Information and Management Institute (SIMI Swiss) – Optional.
- Accreditation of Prior Experiential Learning for Qualifications (APEL.Q) certified from University Partners for credit and tuition fee transfer.
Because the program is accredited and recognized, students can easily use certified in the working environment and have many opportunities for career advancement. In addition, in case if you want to study for a SIMI degree or university partner degree, students can convert all credits and the full paid tuition fee when participating in the program University Partners.
The SIMI Swiss’ Master Award means:
SIMI Swiss Master Award is the award at the master’s level and is equivalent to:
- Level 7 certificate of Regulated Qualification Framework (RQF) of UK
- Level 10 certificate of Scottish Credit and Qualifications Framework (SCQF)
- Level 7 certificate of Credit and Qualifications Framework (CQFW)
- Level 7 certificate of European Qualifications Framework (EQF)
- Level 9 certificates of the Australian Qualifications Framework (AQF)
- Level 7 certificate of ASEAN Qualifications Reference Framework (AQRF)
- Level 9 certificate of the African Continental Qualifications Framework (ACQF)
Students can convert all credits and the full tuition fee when participating in the SIMI Swiss and/or University Partners academic programs if they want to study for an academic degree.
Credits transfer:
Learners can accumulate 20 credits from the Master Award program when participating in the Master of Logistics and Supply Chain Management (MLSCM). Please see the credit transfer policy HERE
Tuition fee transfer:
When participating in the MLSCM program, students who have graduated 1 Master Award will receive a discount of full tuition fee which you paid. Please see the tuition fee transfer HERE
The SIMI Swiss micro-credential program allows for the transfer of credits and tuition fees into full degree programs from SIMI Swiss and/or its university partners. SIMI Swiss reserves the right to limit admissions once the number of students exceeds the quotas.
Apply Policy:
- To participate in the SIMI Swiss micro-credential program, students need to meet the entry criteria corresponding to each level. Please see the “Entry” tab for more details.
- SIMI Swiss will not accept applicants if their entry qualifications are from diploma mill universities or schools/universities that are not accredited.
- For Master Award programs, if an entry bachelor is unavailable, students must demonstrate a minimum of 5 years of work experience in the relevant field. Please note that a bachelor’s degree is required for the Master’s program at SIMI Swiss and University Partners so that you could study Master Award but could not move to the Master’s program of SIMI and University Partners.
- English is not a mandatory entry requirement for short course programs, but candidates need to ensure that English is used in reading documents, listening to lectures, and doing assignments. Candidates should note that English is a mandatory requirement when switching to an academic program at SIMI Swiss and University Partners.
Apply Process:
- Choose the program that suits your requirements. Note that applicants without a university degree will not be able to participate in the program at Master’s level, and applicants without a Master’s degree will not be able to participate in the program at the Doctoral level.
- Email your application to support@simiswiss.ch with all the required documents. You could download the application form here.
- Our admission department will contact you and guide you through further processes if the registration documents need to be supplemented.
- SIMI Swiss will issue the Letter of Acceptant (LOA). You will proceed to the next steps according to the instructions and pay tuition fee.
- SIMI Swiss will issue a student confirmation letter, login account to the e-learning system and related documents.
- You have become an official SIMI Swiss student and enjoy your study journey.
The SIMI Swiss micro-credential program is fully online, allowing you to study anytime, anywhere. You have the option to attend live classes with SIMI Swiss. The final exam will be uploaded to the system and evaluated by the academic panel of SIMI Swiss. Students must submit assignments on time; failure to do so will result in the student being considered to have discontinued the program.
Pricing Plans
Take advantage of one of our non-profit professional certified programs with favorable terms for your personal growing carreers.
- Live Class (Option)
- Full online videos
- e-Books
- Self study contents
- Online tutor videos
- Assignment guide
- e-Certificate
- Hard copy certificate
- Accreditation of Prior Experiential Learning for Qualifications (APELQ) certified from University Partners for credit and tuition fee transfer
- Accreditation & Recognition certified from University Partners
- Deliver hard copy certificate and all certified documents to your home
- Transfer full credits & tuition fees to equivalent academic programs
- Get more support tuition fees and scholarships when become University Partners' international students
- (*) In the event that you receive a scholarship or discount, the fee you should transfer is the amount you actually paid
SHORT COURSES NETWORK
Contact us
If you interested this course, please feel free to contact with us! Please note that this program is a not for profit and learning with full online model.