Advance Program in Operation and Strategic Management

Explore how demand forecasting informs operations planning and management by analyzing historical data and market trends to estimate future demand, guiding production, inventory, and resource allocation to meet customer needs.

Explore the role of the Institute of Cost Accountants of India in promoting ethical practice, regulating the profession, and linking plant layout, machinery, and cost management through policies.

Resource aggregate planning sits between long-range and short-range planning, matching demand with capacity to minimize costs, guiding material needs, procurement timing, and level, chase, or hybrid strategies for midterm planning.

Master material requirements planning to optimize inventory, schedule production, and coordinate resources, reducing lead times and avoiding delays through accurate material availability and supplier collaboration.

Explore ERP as an integrated software that centralizes data into a single source of truth, unifying finance, human resources, procurement, and manufacturing for real-time analytics and process automation.

Examine how product design shapes production systems and operational control through process technology, data analytics, lean six sigma, automation, design thinking, and user-centered design.

Explore how customer requirements, usability, and ergonomics shape product design, balancing function and form with sustainable materials and modern manufacturing.

Explore how good product design integrates functional performance, aesthetics, reliability, maintainability, and availability to meet user needs. Learn to balance simplicity, innovativeness, sustainability, ergonomics, scalability, and adaptability for market success.

Explore the product life cycle from birth through growth and maturity to decline, detailing stages and showing how marketing focus and investment recoup guide strategic decisions.

Explore how production planning and control coordinate forecasting, capacity planning, scheduling, and mrp to deliver quality products on time while minimizing inventory costs.

Explore production control's functions—planning, routing, scheduling, dispatching, follow-up, and inspection—to ensure timely, quality production while managing inventory and costs.

Time study is a scientific analysis to determine task times and establish standard times, using motion study and job standardization with performance rating and allowances to boost productivity.

Explore work study as a comprehensive approach to examine and improve work processes. Learn method study and time study techniques to optimize resources, reduce waste, and boost productivity.

Apply method study to analyze current work methods using recording techniques, standardize practices, and continuously improve procedures to reduce waste and boost productivity through ergonomic, efficient operations.

Learn how job evaluation ranks, grades, and weighs work characteristics to determine relative worth and establish fair, equitable pay aligned with duties and organizational goals.

Explore the job allocation process, including row and column operations and optimality lines for assignment. Learn to allocate tasks by skills and deadlines, then monitor and optimize productivity.

Explore simulation as a descriptive tool that copies real systems, tests what-if scenarios, and observes behavior to study production planning and control, routing, scheduling, loading, and dispatching in manufacturing.

Master line balancing in assembly layouts by learning takt time, cycle time, task assignment, and balancing strategies to boost productivity and reduce costs.

Learn the terminology of line balancing, including tasks, task precedence, cycle time, and productive time per hour, and apply data collection, identifying bottlenecks and reassigning resources to balance production lines.

Lead lean operations by minimizing waste and production time, aligning cellular manufacturing with just-in-time flow driven by customer demand, value stream mapping, and continuous improvement through standardized, empowered teams.

Implement just-in-time production to deliver products exactly when needed, minimize lead times, and reduce inventory and waste through demand-driven planning, Kanban signaling, and continuous Kaizen.

Discover the transportation model for sourcing from factories to warehouses and destinations, using a cost matrix to formulate constraints, find initial feasible solutions, and iteratively minimize transport cost in logistics.

Linear programming introduces optimization of limited resources through an objective function and linear constraints, using decision variables and non-negativity to maximize profit or minimize costs.

Link productivity management with quality management to optimize inputs and outputs, improve production processes, and boost efficiency through training, automation, lean methods, and continuous improvement.

Explore how productivity drives competition and economic growth while boosting profitability through improved resource utilization, cost efficiency, and strategic planning that supports risk management and customer satisfaction.

Differentiate production from productivity to assess how outputs relate to inputs. Improve efficiency and profitability by optimizing processes, reducing waste, and measuring output per input in operations.

The course explains total quality management (TQM) as a process-centered approach driven by top management commitment, internal and external customers, and employee empowerment, focusing on continuous improvement.

Discover how quality certification with ISO standards drives quality, safety, and efficiency worldwide, highlighting ISO 9000 family and popular standards like 9001, 14001, 45001, 27001, 22000, and 50001.

Master project management by planning with clear objectives, defining scope, and allocating resources across departments, using schedules like Gantt charts to deliver projects on time, within budget, and meeting objectives.

Explore how slack and float measure schedule flexibility, identify critical paths, and optimize resources by analyzing EFT, LFT, and early/late starts.

Model projects with an event-oriented network diagram, where nodes are events and arrows are activities, and use optimistic, most likely, and pessimistic estimates to compute times and identify critical path.

Compare PERT and CPM by contrasting events versus activities, non-repetitive versus repetitive projects, and the time–cost relationship to guide planning and control of complex projects.

Explore Gantt charts as a visual project management tool that plans and monitors progress, showing tasks, start dates, durations, end dates, and dependencies to track milestones and resource allocation.

Gantt charts aid project management but have limitations: complexity for large projects, static updates, limited risk management, and unclear task dependencies and resource constraints.

Leverage network analysis to plan, schedule, and control projects using PERT and CPM. Visualize tasks with network diagrams, identify critical paths, and follow stages from defining activities to monitoring outcomes.

Learn how to draw a network diagram using CPM, listing activities, determining sequence and durations, identifying dependencies, and highlighting the critical path for effective project scheduling.

explains the economics of maintenance and spares management and contrasts break down maintenance with preventive, predictive, and corrective strategies to optimize downtime, inventory, and costs.

Learn how preventive maintenance uses scheduled inspections and planned maintenance to prevent breakdowns, extend equipment life, and boost reliability, availability, productivity, safety, and cost savings.

Execute routine maintenance through a regular, systematic process of inspecting, cleaning, lubricating, calibrating, and replacing components to prevent breakdowns and sustain reliable operations.

Explore maintenance techniques for keeping equipment in optimal condition, including preventive, predictive, corrective, and condition-based maintenance, standby machines, and total productive maintenance to minimize downtime and losses.

Discover how maintenance organizations manage requests and stores, from work orders and planning to MRO inventory, barcoding, and just-in-time stock to minimize downtime.

Maintain meticulous maintenance records in a database, detailing date, time, personnel, equipment, tools, parts, duration, and observations. Use these records to plan and ensure safety compliance and efficiency.

Analyze maintenance problem to minimize total maintenance cost and downtime by choosing between repair on breakdown and premature replacement, using a structured process from problem identification to continuous improvement.

learn how replacement of machine is driven by wear and obsolescence, and follow a structured process from assessment to maintenance planning to minimize downtime and maximize productivity.