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The course begins with an overview of the entire supply chain management process and then discusses order qualifiers/order winners, the basics of MRP, dependent vs. independent demand, master planning, production scheduling, forecasting techniques, determining order quantities, ABC analysis, inventory management, capacity management, and production activity control.
It also discusses supplier selection, supplier agreements, the quality management system, lean/just-in-time manufacturing, and the theory of constraints.
As you progress through the course, you will submit practice exams to your dedicated instructor for grading and feedback. You may also contact your instructor with any course-related questions. Take a 30-day trial of our materials, and if not fully satisfied return for a refund. You will have one full year of access to your instructor, and the course materials are yours to keep.
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Basics of Supply Chain Management – Course no. E56 Time to Complete: 35 hours, 3.5 CEUs
Unit One: Introduction to Supply Chain Management
Basic supply chain; EOQ equation;order qualifiers vs. order inners; manufacturing business model; product life cycle.
Dependent vs. independent demand; bill of material; calculating quantities from a multi-level product tree; planning horizon; planned, released, and firm planned orders.
Unit Three: Master Planning
Calculating production; using the standard hour; completing a master production schedule; calculating available-to-promise; final assembly schedule.
Four forecasting techniques; bias vs. random error; calculating a seasonality index; exponential smoothing; mean absolute deviation (MAD).
Unit Five: Inventory Fundamentals
Kanban system; classifications of inventory; calculating inventory carrying cost; balance sheets and income statements; calculating net profit.
Unit Six: Inventory Management
Determining order quantities; lot size reduction; two-bin inventory system; periodic review vs. cycle counting; order point system.
ABC analysis; order picking and assembly systems; distribution requirements planning; carrier rate structures and shipping costs.
Measuring capacity; calculating work center available time, utilization, and efficiency; finite vs. infinite loading; bottleneck centers.
Unit Nine: Purchasing
Purchasing cycle; supplier selection; vendor managed inventory; monitoring supplier performance.
TQM; Six Sigma; Pareto analysis; fishbone diagrams and control charts.
Unit Eleven: Lean/Just-in-Time
Manufacturing Lean/JIT; manufacturing waste; process vs. product layouts; reducing set-up time; pull systems; preventive maintenance; continuous improvement; VSM; Heijunka, 5-S, and DMAIC.
Types of constraints; VATI analysis; drum-buffer-rope planning and scheduling; critical chain project management.
MGI Self-Study CPIM Courses
To earn your CPIM designation you must pass all the exams for each of the courses listed below within 10 years.
Offer: Save 10% when you purchase the series! Purchase the Complete MGI CPIM Home Study Series (includes all 5 courses)
The MGI Management Institute, a division of Neukinetics LLC., designs, develops, and conducts distance education courses in a variety of professional topics for engineers, manufacturing, quality managers and others.
Since 1968, over 700,000 professionals have enrolled in MGI’s courses, and eighteen professional societies, among them the National Society of Professional Engineers (NSPE), and APICS, the Association for Operations Management have selected MGI to help fulfill their continuing education needs.
About NeuKinetics LLC
NeuKinetics LLC is a Columbus, Ohio-based company that provides online courses and publications for professional and consumer education in the Engineering, Supply Chain, Legal, and Health and Wellness markets.
NeuKinetics’ education courses are developed in conjunction with top subject matter experts from the private and academic sector that provide a body of knowledge based on their experience and research. NeuKinetics delivers this knowledge in multimedia formats, including e-learning and publications, ranging from consumer education products to professional practice certification, continuing education and exam prep.