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Production Planning and Inventory Management

Effects of Production Management and Technologies on Organizational Strategies

Course Objectives

Being responsive to demand, maximizing the utilization of the organization's production resources, and reducing inventory while executing proper planning of supply and demand, all serve to emphasize the importance of the topic of production planning. Production Planning holds significance within the Supply Chain, and when it is well-integrated with supply and sales, a synergic structure is established, leading to reduced costs. Production managers need to be aware that within the context of the greater supply chain, production is one component and not the pinnacle, and that it will only benefit the organization when it relates well to the rest of the processes in the business. On the other hand, they also need to provide guidance on whether production should be realized internally or through contract manufacturing, and furthermore, in light of cost-benefit analysis, whether a product should be manufactured at all.

Analysis of the fundamental concepts of production management, relationships among the departments within a manufacturing organization, as well as analysis of the latest trends in the field.

Who Should Attend

Personnel in manufacturing and entrepreneurs having technical backgrounds.

Eğitim Yöntemi

The course is supported with examples and case studies from real world business applications. The content is interactive and will be reinforced through hands on examples.

Course Content

Production planning and control systems
Questions a capable planning system should be able to answer
Benefits of production planning and control systems
Production planning hierarchy
The levels of a production planning and control systems
Planning of production resources (MRP II)
Creating a production plan
Creating product groups
Fundamental strategies
Scheduling for primary production
Developing the primary production schedule
Materials requirements planning
Purpose of MRP
Materials list
Materials requirements planning process
Capacity planning
Control of production activities
Approaches to management of production planning and control systems
CPM (Critical Path Method)
Methods for forecasting demand
Significance of demand forecasting on production planning and control, and its fundamental principles
Essentials of inventory management
Inventory and materials flow
A general model for inventory
ABC method of inventory control

Course Schedule: 2 Days

	Upon completion of the seminar, participants will receive certificates of attendance
	IAS Business Academy 2007 Course Schedule