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51 - LONG - Long-Term Programs
LONG 502 - Supply Chain and Inventory Management (4 weeks)
Please contact us for fees
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
