Acquire a working knowledge of the tools and techniques for planning of inventory, including planning techniques such as MRP, CRP, lean, TOC, and projects. Understand the effect of using each technique; know standard measurements for inventory, materials, capacity and supplier performance; and recognize when to escalate issues. Topics include: Managing inventory, planning material requirements, planning capacity requirements, and procurement and supplier planning; Recognizing the importance of supply chain management and deploying supply chain strategies related to scheduling, planning, and sourcing; Translating product-level plans and schedules generated at the master planning level into requirements that can be procured or produced; Bridging the master planning area with the execution and control function; Planning, scheduling, resource allocation, and implementing projects that are used to manage the supply of products and services.
At the end of this course, the student will be able to:
Effective as of Fall 2005
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