Course details
Production and Inventory Planning and Control
OPER 20502A
Managers must plan ahead for the activities they intend to carry out during the upcoming business periods in order to better organize the use of the resources at their disposal. This applies to production, procurement, sales and distribution tasks.
The course enables students to gain proficiency in the activities associated with: 1) developing sales, production and inventory plans for the short, medium and long term; and 2) monitoring their deployment.
More precisely, the course:
- presents the fundamentals of a production and inventory planning and control system and allows students to apply these foundations using real-life examples;
- examines demand forecasting methods and the various planning levels;
- explains the problems encountered by operations planners in the day-to-day running of a business and the approaches to adopt in resolving these problems.
Themes covered
- Selecting Forecasting Methods
- Forecasting Performance Measurement
- Sales and Operations Planning (S&OP) process
- The Master Schedule (MPS and FAS)
- Time Fences
- Material Requirements Planning (MRP)
- MRP Reports & Information
- Rough-Cut Capacity Planning (RCCP)
- Capacity Requirement Planning (CRP)
- Production Activity Control
- Capacity Monitoring with Input/Output Control
- Production Order Status and Exceptions Report
- Shop-floor Scheduling and Control (SFC)
- Benefits and Expected Changes from Successful Manufacturing Planning and Control System Implementation
- Production planning system and IT (ERP APS MES)
Important notes
Course in French : OPER 20502
Prerequisite(s) : OPER 10500(A/E)
Course code
OPER 20502A
Subject
Opérations et logistique
Program
Bachelor’s degree (BBA)
Location
Côte-des-Neiges
Instruction mode
On-site learning
Credits
3