Manufacturing Planning and Control
Overview
With the global marketplace constantly changing, it is crucial that your Manufacturing Planning and Control (MPC) system evolve to stay current with technology, product and market conditions. This course is essential if you are working in any capacity of operations in the supply chain because you’ll gain a thorough understanding of Manufacturing Planning and Control key elements. You’ll also master a variety of decision tools that can assist you in effective planning and execution.
Regardless of what industry or business you work in, understanding all the various systems involved in Manufacturing Planning and Control is ideal if you’re looking to advance your career and increase your organization’s bottom line.
What You’ll Learn
Introduction to Manufacturing Planning and Control (MPC) and Forecasting
- Key Modules of MPC
- How to identify the process of forecasting and characteristics of forecasts
- How to determine the right supply chain for your product
- Ways to develop causal forecasting models using regression approach
- Expertise in forecasting error measures
Causal, Static and Adaptive Forecasting
- How to compare and contrast static and adaptive models
- Ways to develop moving average, exponential smoothing and Holt’s models
- Ability to select the appropriate forecasting tool for your operations
Forecasting and Aggregate Production Planning
- How to identify the differences between chase and level strategies
- Formulation of aggregate planning models using optimization techniques
- How to solve and interpret aggregate planning models using optimization methods
- Ways to make pricing and aggregate planning decisions
Aggregate Planning and Cycle Inventory
- Economic order quantity and aggregation models
- Strategies for cycle inventory reduction
- Formulation and solution of inventory models
Cycle and Safety Inventory
- Implementation of continuous and periodic review policies
- How to set safety stocks for different inventory policies
- The effects of demand and supply uncertainty
- How to understand and develop inventory pooling models
Safety Inventory and Network Design in Supply Chains
- How to make network design decisions
- E-procurement tools that yield the greatest benefits
- Application of transportation and transshipment models
- Ways to formulate network models and obtain solutions
Network Design and Material Requirement Planning & ERP Systems
- Optimization models for supply chain network design
- How to identify the differences between independent and dependent demand items
- Effective implementation of MPS and time fences
Material Requirement Planning & ERP Systems
- MRP: Table, definitions, inputs and outputs
- How to perform MRP calculations
- When and how to use ERP and APS systems
- Concepts of JIT and Lean Systems
Who Should Register?
Michigan State University’s Manufacturing Planning and Control training will benefit supply chain management professionals in any area of operations. It is especially valuable for managers and executives who are ultimately accountable for running a cost effective operation and balancing production and inventory levels with demand to support customer service levels. Students may find it helpful to have some familiarity with the fundamentals of an integrated supply chain, which are covered in the Supply Chain Management I and II courses.
Curriculum
8 Week Course
Introduction to MPC and Forecasting
- Introduction to Manufacturing Planning and Control
- Introduction to Forecasting - Time Series and Causal
- Characteristics of Forecasts
- Forecasting Methods
- Forecasting Error Measures
- Causal Forecasting - Westwood
- Westwood Regression Analysis
- Causal Forecasting - Zarthan
Causal, Static, and Adaptive Forecasting
- Zarthan Regression Analysis
- Keys to Causal Forecasting
- Introduction to Static and Adaptive Forecasting
- Moving Average Method
- Characteristics of Moving Average
- Exponential Smoothing Method
- Characteristics of Exponential Smoothing Method
- Comparison of Moving Average and Exponential Smoothing
Forecasting and Aggregate Production Planning
- Holt's Method
- Holt's Method Computations
- Static Forecasting - Trend Analysis
- Keys to Static and Adaptive Forecasting
- Introduction to Aggregate Planning
- Manufacturing Strategies
- Tradeoffs in Aggregate Planning and Optimization Models
- Aggregate Planning - Red Tomato Tools
Aggregate Planning and Cycle Inventory
- Formulating Aggregate Production Models
- Variations in Model Formulation
- Solving Aggregate Production Model
- Aggregate Planning and Pricing/Promotion Decisions
- Scenario Analysis/Keys to Aggregate Planning
- Introduction to Cycle Inventory
- Role of Cycle Inventory in Supply Chains
- Economic Order Quantity (EOQ)
Cycle and Safety Inventory
- EOQ Model Development/Solution
- Lot-Sizing with Multiple Products
- Lot-Sizing with Multiple Products Solution and Analysis
- Lessons from Aggregation/ Keys to Cycle Inventory Management
- Introduction to Safety Inventory
- Role of Safety Inventory in Supply Chains
- Continuous Review Policy (CRP)
Safety Inventory and Network Design in Supply Chains
- Periodic Review Policy (PRP)
- PRP-Safety Stock Evaluations
- Impact of Supply Uncertainty
- Inventory Pooling
- Safety Inventory Management at Grainger
- Keys to Safety Inventory Management
- Introduction to Network Design in Supply Chains
Network Design and Material Requirement Planning & ERP Systems
- TRM Model Development
- TRM Solution Procedure
- Transshipment Model (TRSM)
- TRSM Model Development (Thomas Transshipment Model)
- TRSM Model Solution Procedure
- Extension to SCM Design
- Keys to Network Design in Supply Chains
Material Requirement Planning & ERP Systems
- Independent and Dependent Demand Items
- Master Production Scheduling
- MRP- Inputs, Outputs, Reports
- MRP Table Definitions
- MRP Evaluations
- Closed Loop MRP Systems and MRP II
- Introduction to ERP Systems
If you’re going to pay by credit card, you can either get started with installment payments or pay in full. Just let your enrollment representative know the option that work best for you.
Corporate and Military Tuition Assistance
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Corporate and Military TA
Corporate tuition assistance is paid by your employer. You will need to provide appropriate forms for processing, prior to enrollment. Air Force tuition assistance is available for active-duty service members. You will need to provide a valid military tuition assistance voucher. Both TA options are subject to employer benefit policies.
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Deferred Corporate TA
Pay tuition now and have your employer reimburse you. Additional documentation will be needed to process this payment. Subject to employer benefit policies.
Military Benefits
Active Duty
Michigan State offers a 15% savings, per certificate course, to active-duty servicemembers, Guardsmen and Reservists (upon verification of military status).
Veterans
Michigan State offers a 15% savings, per certificate course to veterans (upon verification of military status).
Spouses and Family
Michigan State offers a 15% savings, per certificate course, to active-duty servicemembers, veterans, Guardsmen, Reservists and their spouses and dependents (upon verification of military status).
If you are interested in learning more about the steps you need to complete payment, please contact a Student Success Representative. This reduction is valid off the standard tuition fee rate of the listed courses offered by Michigan State University with online administration by Bisk. This reduction is not stackable with other reductions, and you may not use this reduction in conjunction with other reductions.
