Supply chain management professionals play a key role in capturing customer demands, creating forecasts, developing schedules, ordering and managing inventory, controlling production orders, and maximizing customer satisfaction. This course will help you succeed in the supply chain management field.
You’ll master the fundamentals of supply chain management, including customer demand forecasting, master production scheduling (MPS), material requirements planning (MRP), capacity planning, and production activity control (PAC). The course also includes essential information to help you prepare for internationally recognized supply chain and materials management certification examinations.
In this lesson, we’ll discuss professional certification and get acquainted with APICS, the professional society for supply change management (SCM) practitioners. You’ll find out about the concept of an operating system and the use of a supply chain. You’ll also learn about Material Resources Planning (MRPII) and the role that it plays in an organization. Then, learn how to successfully use Sales and Operations Planning (S&OP), identify key focus areas, and appreciate the benefits of following the S&OP cycle.
In this lesson, we’ll examine forecasting—defined as a prediction based on scientific observation. Then, examine the components of demand: averages, linear trend, seasonality, and cyclical, irregular, and random factors. You’ll also learn about quantitative forecasting by working on problems involving time series (simple and weighted moving average and exponential smoothing) and associative methods (linear regression and multiple regression analysis).
You’ll discover how to develop forecasts for new products, and learn how to use techniques to effectively control your forecasts before they get too far off track. Then, you’ll learn all about manufacturing strategy.
Learn how critical it is to measure and control your MPS and methods to keep it moving in the right direction. Then, discover how MRP can help your company. You’ll learn about the basics—dependent demand, bills of materials, and inventory records—and study the various reports and schedules. You’ll also find out how to lot-size MRP orders and what it takes to implement MRP.
In this lesson, you’ll learn about the goals and requirements to effectively manage capacity. You’ll also discover how to use strategic capacity management, rough-cut capacity planning (RCCP), and capacity requirements planning (CRP) to define, plan, measure, and control output. Then, look at the PAC cycle and its requirements and benefits.
Learn how to develop and use a Gantt chart, understand basic scheduling principles, and know how to overcome production schedule challenges. You’ll also learn how to use priority rules to sequence work orders, use shop loading, and manage work orders. And finally, you’ll learn all about lead-time. We’ll identify its components and discuss how you can successfully control it.
Prerequisites / Requirements
There are no prerequisites to take this course.
- This course can be taken on either a PC or Mac device.
- PC: Windows XP or later.
- Mac: OS X Snow Leopard 10.6 or later.
- Browser: The latest version of Internet Explorer, Firefox, Chrome, or Safari (We recommend Firefox or Chrome).
- Adobe Flash Player. Click here to download the Flash Player.
- Adobe Acrobat Reader. Click here to download the Acrobat Reader.
- Email capabilities and access to a personal email account.
- Software must be installed and fully operational before the course begins.
WHEN CAN I GET STARTED?
A new session of each course opens each month, allowing you to enroll whenever your busy schedule permits!
HOW DOES IT WORK?
Once a session starts, two lessons will be released each week, for the six-week duration of your course. You will have access to all previously released lessons until the course ends.
HOW LONG DO I HAVE TO COMPLETE EACH LESSON?
The interactive discussion area for each lesson automatically closes 2 weeks after each lesson is released, so you’re encouraged to complete each lesson within two weeks of its release.
WHAT IF I NEED AN EXTENSION?
The Final Exam will be released on the same day as the last lesson. Once the Final Exam has been released, you will have 2 weeks plus 10 days to complete the Final and finish any remaining lessons in your course. No further extensions can be provided beyond these 10 days.