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50 - LONG - Long-Term Programs


LONG 502 - Supply Chain and Inventory Management (4 weeks)

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Course Description

This supply chain and inventory management course reviews strategies, processes and terminology in Basics of Supply Chain Management. In challenging times such as these, the skills and competencies covered in the course will help manage their critical "every day" responsibilities.

Course Objectives

  • Understanding the supply chain concept
  • Understanding Manufacturing Planning and Control
  • Discussion on resolving Sales and Operational Planning conflicts
  • Understanding on how to manage demand
  • Understanding Bills of Material
     

Who Should Attend?

  • Managers
  • Superintendents
  • Sales, operations and strategic planning Staff
  • Who can benefit from enhancing their skills in t inventory management techniques and supply chain concept

PROGRAM TOPICS

Introduction of Supply Chain Management

  • Intro to Manufacturing
  • Production Environment
  • Manufacturing Supply Chain
  • Manufacturing Planning and Control

Demand Management

  • Demand Management Processes
  • Demand Characteristics
  • Forecasting/Techniques

Master Planning

  • Sales & Operations Production Planning
  • The Master Production Schedule
  • Master Scheduling and Sales

Material Requirements Planning

  • Materials Planning Environment
  • Bills of Material
  • MRP Planning Logic

Capacity Management and Production Activity Control

  • Capacity Management
  • Capacity Requirements Planning
  • Production Activity Control
  • Scheduling
  • Implementation

Inventory Management

  • Intro to Inventory
  • Inventory Management
  • Inventory Costs
  • Ordering Costs
  • Stock out Costs
  • Capacity Related Costs

Item Inventory Management

  • Order Quantities
  • Independent Demand Ordering Systems
  • ABC Inventory Control
  • Auditing Inventory Records

Purchasing and Physical Distribution

  • Purchasing
  • Purchasing Activities and Participants
  • Physical Distribution
  • Distribution Inventory
  • Transportation
  • Warehousing

Lean/JIT and Quality Systems

  • Productivity and Quality Systems
  • Focus on the System
  • Lean/Just In Time
  • Quality Management Systems

Theory of Constraints

  • Basic Principles
  • Types of Constraints
  • Problem Solving Tools