Module 2: Supply Chain Production Planning
Production and order quantities is a fundamental and decisive process for material flow in manufacturing & supply chain
What you’ll learn
-
Learn different systems to manage flow of information for production
-
Master Planning Schedule (MPS)
-
Material Requirements Plan (MRP)
-
Distribution Requirements Plan (DRP)
-
Learn best manufacturing strategy that influences the production plans
-
Chase versus Level versus Hybrid production plans
-
Learn Fixed Planning Horizon (FPH) or Lot Sizing
-
Heuristics versus Optimal Models
-
Introduction to Production Planning and Fixed Planning Horizons
-
Lot For Lot (LFL) , Fixed Order Quantity (FOQ) , Economic Order Quantity (EOQ) , Periodic Order Quantity (POQ)
-
Silver-Meal (Least Cost Period) , Wagner-Whitin (WW)
-
Production Planning and Mixed Integer Linear Programming (MILP)
-
Learn how to communicate forecasted demand for end items to manufacturing
-
Learn how to allows sales to determine Availability to Promise (ATP)
-
Time fencing reduces production “nervousness” ( Frozen vs Slush vs Water )
-
Determine quantity and timing of orders for components
-
Learn Uses of MPS & Bills of Material (BOM) as inputs
-
How to implement Coordination tool between firms
-
Learn Mirror image of MRP logic — roll up versus roll down
-
Learn Plans for flowing of finished end items through network to market
-
Certification when you finish the course successfully
-
Demand And Supply Planning
-
Material Planning
Who this course is for:
- Beginners in Supply Chain
- Supply Chain Professionals
- Students
- Consultants
- Management Consultants
- Business Analysts
- Supply Chain Managers
- Small and medium business owners
- Aspiring Production managers already working in a industry
- People who wants a career in production planning
- Production Manager
- Demand And Supply Planners
- Business owners
