Global Online Certification Course on

Generative AI for Business Decisions, 2024

WELCOME!!

● 22nd June– 28th July, 2024

● 5 PM - 7:30 PM IST

● Every Saturday and Sunday

● 30 hours duration

COURSE INSTRUCTORS

Prof. David Simchi Levi

MIT Professor – Business & Supply Chain Analytics
Director, Data Science Lab,
Massachusetts Institute of Technology, USA

Prof. Manoj Kumar Tiwari

Director, Indian Institute of Management Mumbai

ABOUT THE COURSE

In collaboration with Prof. David Simchi-Levi from MIT, IIM Mumbai presents a cutting-edge curriculum that combines theory with hands-on applications. Gain practical insights into optimization techniques like Linear Programming Formulation and Shadow Price analysis, augmented by the integration of Generative AI. Through real-world case studies, including an in-depth analysis of retail strategy, you'll acquire the skills to navigate dynamic business environments and drive revenue optimization.

Unlock the potential of AI and Machine Learning (ML) with this comprehensive online certification course. Delve into supervised and unsupervised learning techniques, mastering essential algorithms such as Regression Trees, Random Forest, and CatBoost. Explore the revolutionary field of Generative AI, including the game-changing GPT-3 model, and its profound implications for supply chain management.

Whether you're an industry professional seeking to enhance your expertise or an aspiring newcomer eager to enter the field, this course offers a pathway to success. With expert instruction and access to the latest research, you'll emerge equipped to lead innovation in optimization and Generative AI applications. Join us and unlock your potential to thrive in the AI-powered future of business management.

COURSE HIGHLIGHTS

Lecture recordings will be provided for 1 week
Learn decision making techniques through exhaustive case studies
Perform Real-time Simulation to build and optimize global supply chains
Lecture slides and supplementary material after each session

COURSE OUTCOMES

Master foundational AI and ML concepts essential for informed business decisions.
Develop expertise in Generative AI principles, including GPT-3 and ChatGPT, for real-world applications.
Acquire optimization skills crucial for complex decision-making with Generative AI integration.
Gain insights into key supply chain capabilities and enhance operational efficiency.
Apply Generative AI techniques in supply chain management and revenue optimization across diverse industries.

COURSE CONTENT

Week 1 - Foundations of AI and ML

Supervised and Unsupervised Learning
Regression Trees, Random Forest and CatBoost
Techniques for Unsupervised Learning

Week 2 - Foundations of Generative AI

Introduction to Generative AI
GPT - 3
The challenges of GPT - 3
ChatGPT and Generative AI

Week 3 - Foundations of Optimization

Optimizing complex decisions
Linear Programming Formulations
Shadow Price and Sensitivity analysis
Optimization with GenAI
Case Studies: Production Optimization and Financial Investments

Week 4 - Key Supply Chain Capabilities

Unified view of Demand
Supply Chian Segmentation
Smart S&Op
Control Tower
Supply Chian Resiliency

Week 5 - Applications of Generative AI in Supply Chain Management

Generative AI for Supply Chain Planning
Generative AI for Demand Planning
Generative AI for Procurement Planning
Generative AI for Supply Chain resiliency
Transformer and Image Processing for SC Decisions
Case studies: Retail, CPG, High-Tech

Week 6 - Applicatons of Generative AI in Revenue Management

Forecasting and Price Optimization
Integration of Transformer with Price Optimization
Case Study : Online Fashion Retailer Zalando

About Prof. David Simchi Levi

MIT Professor – Business & Supply Chain Analytics Director, Data Science Lab, Massachusetts Institute of Technology, USA

Prof. David Simchi-Levi is the Professor for Business & Supply Chain Analytics and the Director of Data Science Lab at Massachusetts Institute of Technology, USA.
He is the former editor in chief of Management Science & Operations Research, two prestigious journals of INFORMS. He also served as the editor in chief of Naval Research Logistics.
Prof. Simchi-Levi founded LogicTools, now a subsidiary of IBM, which provided software solutions and decision support systems to clients such as Caterpillar, ConAgra, Kraft Foods, Mercer Management, Ryder, SC Johnson, UPS, U.S. Postal Service, Walgreens, etc., and later co-founded OPS Rules, and Opalytics, both now part of Accenture.
Prof. David Simchi-Levi had associated with IIM Mumbai for multiple Global Online Certification Courses on Supply Chain Management & Emerging Technologies which were highly successful with over 18000+ participants from 18+ countries.
Profile on MIT website - https://cee.mit.edu/people_individual/david-simchi-levi/
LinkedIn Profile - https://www.linkedin.com/in/david-simchi-levi-3045026/

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