Module 2: Supply Chain Production Planning

Production and order quantities is a fundamental and decisive process for material flow in manufacturing & supply chain

What you’ll learn

Learn different systems to manage flow of information for production
Master Planning Schedule (MPS)
Material Requirements Plan (MRP)
Distribution Requirements Plan (DRP)
Learn best manufacturing strategy that influences the production plans
Chase versus Level versus Hybrid production plans
Learn Fixed Planning Horizon (FPH) or Lot Sizing
Heuristics versus Optimal Models
Introduction to Production Planning and Fixed Planning Horizons
Lot For Lot (LFL) , Fixed Order Quantity (FOQ) , Economic Order Quantity (EOQ) , Periodic Order Quantity (POQ)
Silver-Meal (Least Cost Period) , Wagner-Whitin (WW)
Production Planning and Mixed Integer Linear Programming (MILP)
Learn how to communicate forecasted demand for end items to manufacturing
Learn how to allows sales to determine Availability to Promise (ATP)
Time fencing reduces production “nervousness” ( Frozen vs Slush vs Water )
Determine quantity and timing of orders for components
Learn Uses of MPS & Bills of Material (BOM) as inputs
How to implement Coordination tool between firms
Learn Mirror image of MRP logic — roll up versus roll down
Learn Plans for flowing of finished end items through network to market
Certification when you finish the course successfully
Demand And Supply Planning
Material Planning