Description
In this course, you will :
- 24 instructor lead and independent exercises and solutions, 40 quiz questions & solutions..
- Gain an understanding of Demand and the types of demand..
- Learn to spot the different patterns of demand..
- Learn to forecast demand using various forecasting techniques, which is the easiest method, which method will give you the best results..
- Understand forecast error and how to deal with it..
- Gain an understanding of Manufacturing..
- Learn the different manufacturing strategies and what environment is suitable for your product..
- Learn about the Product Life Cycle and how it influences the manufacturing strategy..
- Learn about the various manufacturing processes and layouts in relation to the product..
- Gain an understanding of Production Planning..
- Learn the strategies for developing a Production Plan..
- Learn Resource Requirements Planning (RRP) to check the capacity needed for the Production Plan..
- Gain an understanding of the Master Production Schedule and its relationship to the Production Plan..
- Create a Master Production Schedule, understand Projected Available Balance (PAB)..
- Learn Rough Cut Capacity Planning (RCCP) to check the capacity needed for the Master Production Schedule (MPS)..
- Learn the planning tool Available-to-Promise (ATP) and its relationship to making commitments to customers..
- Gain an understanding of Material Requirements Planning..
- Learn about a Bill-of-Material and its importance to Material Requirements Planning..
- Learn about Manufacturing Lead-Time..
- Understand how MRP logic works and learn the use of lead-time Offsetting and Exploding..
- Learn how MRP software works - understand Planning Orders, Released Orders, MRP Action Messages and MRP Exception Messages..
- Learn Capacity Requirements Planning (CRP) to check the capacity needed for the Material Requirements Plan (MRP)..
- Learn to calculate Available Capacity, Available Time, Utilization and Efficiency..
- Learn to calculate Rated Capacity..
- Gain an understanding of Production Activity Control..
- Summary of Manufacturing Planning and Control..
- Gain an understanding of Inventory..
- Learn about Customer Service and Safety Stock..
- Learn about a Stock-Out..
- Learn about Inventoy Carrying Costs and Ordering Costs and their relationship..
- Understand the Economic Order Quantity (EOQ)..
- Learn how to manage Inventory..
- Learn ABC Analysis and Pareto's Law (the 80/20 rule)..
- Gain an understanding of Meeting Customer Expectations..
- Gain an understanding of Supply Chain Sustainability..