COURSE OVERVIEW:
Production planning is the planning of production and manufacturing modules in a company or industry. It utilises the resource allocation of activities of employees, materials and production capacity, in order to serve different customers.
Production planning and control is an important task of Production Manager. It has to see that production process is properly decided in advance and it is carried out as per the plan.
Production is related to the conversion of raw materials into finished goods. This conversion process involves a number of steps such as deciding what to produce, how to produce, when to produce, etc. These decisions are a part, of production planning. Merely deciding about the task is not sufficient.
Materials management is a core supply chain function and includes supply chain planning and supply chain execution capabilities. Specifically, materials management is the capability firms use to plan total material requirements. The material requirements are communicated to procurement and other functions for sourcing.
Materials management is also responsible for determining the amount of material to be deployed at each stocking location across the supply chain, establishing material replenishment plans, determining inventory levels to hold for each type of inventory (raw material, WIP, Finished Goods), and communicating information regarding material needs throughout the extended supply chain.
The first part of this course introduces materials management then explains the operating environment. Also discusses the supply chain concept and supply chain metrics.
The second part introduces the manufacturing planning and control system. First, it deals with the total system and then with some details involved in production planning such as: sales and operations planning, manufacturing resource planning, enterprise resource planning. Finally, discusses some details involved in making production plans.
LEARNING OUTCOMES:
By the end of this course, you will be able to understand:
- What is materials management?
- The operating environment
- Some of the characteristics and selection customers expect in the products and services they buy
- The order qualifiers and order winners
- The manufacturing strategy
- The delivery lead time
- The important factors in supply chains
- The supply chain concepts
- The conflicts in traditional systems
- The four main objectives a company must have to get the most profit
- The several ways of providing the best customer service possible
- How finance must keep investment and costs low?
- How production must keep its operating costs as low as possible
- The objectives of materials management
- The work-in-process (WIP)
- The primary activities of the flow of materials
- The inputs to the manufacturing planning and control system
- The activities involved in moving goods
- Supply chain metrics and what it gives us?
- The major challenges in production control
- The necessary steps in implementing a performance measurement program
- The production planning system
- The manufacturing planning and control system
- The five major levels in the manufacturing planning and control (MPC) system
- The strategic business plan
- The production plan
- What production management is concerned about?
- The master production schedule
- The material requirements plan
- Purchasing and production activity control
- Capacity management
- Sales and operations planning and benefits
- Manufacturing resource planning
- Enterprise resource planning
- How to make the production plan?
- How to establish product groups?
- The characteristics of production planning problems
- The three basic strategies that can be used in developing a production plan
- How to develop a make-to-stock production plan?
- The information needed to make a production plan
- Level production plan
- How to develop a make-to-order production plan?
- The information needed to make a production plan for make-to-order products
- The general procedure for developing a make to- order level production plan
- Resource planning
- What a make-to-stock production plan determines?
- What a make-to-order production plan determines?
COURSE DURATION:
The typical duration of this course is approximately 2-3 hours to complete. Your enrolment is Valid for 12 Months. Start anytime and study at your own pace.
COURSE REQUIREMENTS:
You must have access to a computer or any mobile device with Adobe Acrobat Reader (free PDF Viewer) installed, to complete this course.
COURSE DELIVERY:
Purchase and download course content.
ASSESSMENT:
A simple 10-question true or false quiz with Unlimited Submission Attempts.
CERTIFICATION:
Upon course completion, you will receive a customised digital “Certificate of Completion”.