Supply Chain Fundamentals: Understanding the Basics

This course is ideal for someone wanting to enter the field of Supply Chain, someone wanting a re-fresher in Supply Chain or someone just wanting to learn a new skill that will complement their current knowledge.

Get to know the instructor, learn about his background, his experience.  Know the main topics that you will learn by the end of the course.

A detail review of the instructor's background, education and experience.

A review of the course outline and all the topics that will be covered.

The course includes lots of examples, lots of exercises, many quiz questions.

The main goal of a Supply Chain is revealed.

The students first look at a Supply Chain.

Friendly instructions on how to participate in exercises that students will do on their own.

Know the different types of Demand.

Understanding the behavior of demand becomes a step in being able to predict it.

Know the different patterns of demand.

Exercise using a forecasting demand technique.

Exercise using a 2nd forecasting demand technique.

Exercise using a 3rd forecasting demand technique.

Student practice exercise.

Student practice exercise.

Understand the difference (or error) between the forecast and the actual demand.

Review of different forecast error measuring techniques.

Demonstration of the 1st forecast error measuring technique.

Demonstration of the 2nd forecast error measuring technique.

Demonstration of the 3rd forecast error measuring technique.

Demonstration of the 4th forecast error measuring technique.

The goal is to minimize the difference (or error) between the forecast and the actual demand.

Student practice exercise.

Understand the goal of manufacturing.

Know the different manufacturing environments.

Know the different phases that make-up the life of a product.

Know the different manufacturing layouts.

Student practice exercise.

Understand the goal of Production Planning.

Know the different types of Production Plans.

Demonstration exercise on how to calculate ending inventory per period.

Demonstration exercise on how to develop a Production Plan.

Know to check the capacity of the Production Plan.

Student practice exercise.

Student practice exercise.

What are the inputs to create the Master Production Schedule.

Demonstration exercise on creating a Master Production Schedule.

Know to check the capacity of the Master Production Schedule.

A planning tool to make commitments.

Demonstration exercise how Available-to-Promise works.

Student practice exercise.

Understand the goal of Material Requirements Planning.

Inputs that MRP needs to function properly.

Understand what is a Bill-of-Material and what information it provides.

Another format for a Bill-of-Material.

How items in manufacturing are identified.

Demonstration exercise how to create a bill of material.

Understanding what makes up Lead Time.

Major features of Material Requirements Planning.

Demonstration exercise how Material Requirements Planning works.

Demonstration exercise how Material Requirements Planning schedules orders.

Student practice exercise.

Understand the functions of Material Requirements Planning.

Know to check the capacity of the Material Requirements Plan.

Understanding schedules and impacts of customer changes.

Understanding Capacity Requirements Planning.

Understanding how to calculate capacity.

Student practice exercise.

Executing the plan.

Review checklist before issuing the order.

Understanding the elements of Priority Planning, Capacity Planning and Execution.

Understanding what is considered inventory.

Understanding how much is enough.

Understanding what's happens when you run out of stock.

Finding the optimal quantity with the lowest cost.

Lot sizing rule that provides you the lowest cost optimum quantity to order.

Strategies for managing inventory.

Demonstration exercise how to classify inventory using the ABC analysis.

Understanding the customer is key.

Promoting positive behavior.

How Supply Chains can support Sustainability.