Supply Chain Fundamentals: Understanding the Basics Course Syllabus

Overview: This course provides a comprehensive introduction to supply chain management, designed for beginners. You'll gain practical knowledge of key supply chain concepts and processes, enabling you to understand and improve operational efficiency. With approximately 5.5 hours of video content and hands-on examples, this course offers lifetime access to structured learning modules, downloadable resources, and real-world applications.

Module 1: Introduction to Supply Chain Management

Estimated time: 0.5 hours

• Overview of supply chain management and its importance
• Key components and processes in a supply chain
• The role of a supply chain expert in an organization

Module 2: Demand Forecasting

Estimated time: 0.75 hours

• Understanding different types of demand
• Techniques for forecasting demand accurately
• Identifying and analyzing demand patterns

Module 3: Manufacturing Strategies

Estimated time: 0.75 hours

• Different manufacturing strategies and their applications
• Aligning manufacturing strategies with business goals
• Understanding the product life cycle and its impact on manufacturing

Module 4: Production Planning

Estimated time: 1 hour

• Developing a production plan
• Resource requirements planning (RRP) and capacity planning
• Creating a master production schedule (MPS)
• Implementing rough-cut capacity planning (RCCP)

Module 5: Material Requirements Planning (MRP)

Estimated time: 1 hour

• Understanding the concept of MRP
• Bill of materials (BOM) and its importance
• MRP logic and lead-time offsetting
• Using MRP software for planning and scheduling

Module 6: Inventory Management

Estimated time: 1 hour

• Types of inventory and their roles
• Inventory carrying costs and ordering costs
• Economic order quantity (EOQ) and its calculation
• ABC analysis and Pareto’s law

Module 7: Cost Reduction Strategies

Estimated time: 0.75 hours

• Identifying areas for cost reduction in the supply chain
• Implementing lean manufacturing principles
• Utilizing technology for process improvement
• Measuring and monitoring cost-saving initiatives

Prerequisites

• Basic understanding of business operations
• Familiarity with organizational functions
• No prior supply chain experience required

What You'll Be Able to Do After

• Understand the fundamentals of supply chain management
• Learn to identify and forecast demand patterns
• Gain insights into manufacturing strategies and production planning
• Master material requirements planning (MRP) and capacity planning
• Implement effective inventory management techniques and apply strategies to reduce costs and improve efficiency in supply chain operations