Production Management and Material Requirement Planning

The overall aim of this workshop is to provide participants with the knowledge, skills and techniques needed to perform all the essential tasks in a production environment. The workshop includes important concepts such as forecasting demand, capacity planning, determining requirements and scheduling. Participants in the interactive workshop will learn all the critical processes, formulas and calculations required to manage production systems effectively and enable them to make the optimum decisions for their environments.

Content

Production Planning and Control (PPC)

• Defining Production Planning and Control
• A framework for a PPC System
• Productivity in Production Environment

Demand Management

• Demand Management in PPC Systems
• Independent and Dependent Demand
• Forecasting Framework
• Forecasting Techniques
• Evaluating Forecasts

Inventory Management

• Inventory Costs
• Economic Order Quantity Model
• Inventory Order Cycle
• Reorder Point
• Multi Criteria ABC Analysis

Requirements Planning and Scheduling

• Master Production Scheduling Activities
• Material Requirements Planning (MRP)
• Bill of Material
• MRP Processing
• The Basic MRP Record

Capacity Planning

• Measuring Capacity
• Calculating Capacity Requirements
• Cost Volume Analysis
• Break Even Analysis
• Decision Tree

Performance Measurement

• Key Performance Indicators
• Benchmarking and Standards
• Measuring Performance
• Improving Current Production Systems

For Whom: Production Managers/Personnel, Operations Managers/Personnel, Inventory Planning Managers/Personnel, Purchasing Managers/Personnel, Procurement and Supply Chain Management, Staff and others who perform related functions.