Course Title: Certified in Production and Inventory Management
Course Length: 10 Units
Proficiency Level: Intermediate
Prerequisite Requirements: None
Course Description:
The course is designed to help learners develop practical skills required for an Intermediate Certified in Production and Inventory Management in a modern business environment. The course focuses on industry-wide standards and best practices. All objectives are measurable, and learners are equipped with the knowledge and skills needed for a successful career in production and inventory management.
Course Structure:
Unit 1: Introduction to Production and Inventory Management
Unit 2: Demand Management
Unit 3: Master Production Scheduling
Unit 4: Material Requirements Planning
Unit 5: Capacity Planning
Unit 6: Production Activity Control
Unit 7: Inventory Fundamentals
Unit 8: Inventory Systems and Models
Unit 9: Lean Production and Inventory Management
Unit 10: Capstone Project
Course Objectives:
- Understand the basic concepts of production and inventory management.
- Learn how to manage customer demand and forecast future sales.
- Understand the concepts of master production scheduling and its role in production planning.
- Learn how to use material requirements planning (MRP) to optimize inventory levels.
- Develop capacity planning skills to ensure efficient use of resources and maximize productivity.
- Learn how to use production activity control (PAC) techniques to manage production schedules and ensure on-time delivery.
- Understand inventory fundamentals, including inventory costs, service levels, and order quantities.
- Develop knowledge in inventory systems and models, including economic order quantity (EOQ), safety stock, and reorder point.
- Develop skills in lean production and inventory management, including process improvement, waste reduction, and continuous improvement.
- Apply the knowledge and skills gained in the course to a capstone project that simulates real-world production and inventory management scenarios.
