APICS ESSENTIAL SKILLS FOR PLANNERS
Description
This course focuses on standard planning and control processes and systems used by Production & Inventory Control professionals in manufacturing companies including: Production and Material Planning & Control (MRP), Inventory Planning & Control, and Capacity Planning & Control (CRP). All terms and concepts taught in this course are based on the APICS Body of knowledge.
Audience
This course is ideal for both new and experienced Production/Inventory Control employees (Production Control Supervisors, Production Planners, Material Planners, Capacity Planners, Planner/Buyers, Schedulers, Expediters and Coordinators), and other P&IC associates who want to hone their job skills and gain practical knowledge in the field of Production & Inventory Control.
Prerequisites
There are no prerequisites for this course. However, it is strongly recommended that students have a basic knowledge or some experience in Production & Inventory Control.
Topics and Course Content
- Fundamentals of Inventory Management (PIM-2)
- Inventory Management Objectives and Strategy
- Function and Purpose of Inventory
- Inventory Trade Off Decisions
- Purpose and Function of Inventory (PIM-3)
- Five Functions of Inventory
- Elements of Inventory Costing and Valuation
- Impact of Inventory on Financials and Cash Flow
- Product Structures (PMM-3)
- Structuring BOM’s
- Importance of Bill of Material Accuracy
- Routing and Work Center Data
- Material Planning MRP (PMM-4)
- Dependent and Independent Demand
- MRP Inputs and Outputs
- MRP Mechanics
- Managing with MRP (PMM-5)
- MRP Explosion, Netting, and Offsetting
- Working with MRP Action Messages
- MRP Performance Measurements
- Capacity Management (PMM-7)
- Relationship Between Priority and Capacity Planning
- Capacity Requirements Planning CRP
- Managing Over / Underloads
- Production Activity Control PAC (PMM-8)
- Linkage Between PAC and Planning System
- PAC Scheduling and Control Activities
- PAC Data Management and Feedback
- Advanced Scheduling (PMM-9)
- MRP vs Lean Scheduling (Push vs Pull)
- Resolving Schedule Conflicts
- Managing Bottleneck Work Centers TOC
Learning Goals and Results
At the conclusion of the course, the participants will:
- Learn basic terms, concepts, systems, and best practices used by Production and Inventory Control professionals that can immediately be applied in performing their current job and/or used to prepare for a next level job opportunity.
- Understand the terminology and concepts learned in this course which will also in aid them in preparing for the APICS Production & Inventory Management (CPIM) Certification exams.
Time Investment
This class is 32 hours of remote classroom instruction time taken in sixteen 2-hour sessions over the course of 8 weeks.