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Meet your instructor Akshay, a seasoned supply chain professional with cross-industry experience, sharing his career story, certifications, and focus on demand planning, production planning, and forecasting.
Explore a high-demand supply chain career with strong salaries, 25–30% growth by 2031, and global opportunities across roles plus artificial intelligence, data science, internet of things, and blockchain.
Discover the top five supply chain books, from the Toyota Way to lean and analytics focused titles, plus guidance on choosing reads for analytics, optimization, manufacturing, and management principles.
Define supply chain as a network from raw materials to customers, distinct from logistics, with information, product, and money flows. This network includes suppliers, manufacturers, distributors, retailers, and customers.
Explore globalization, faster technology, and longer lead times; discuss expanding product catalogs, shorter life cycles, and supply chain complexity to balance inventory and service levels.
Learn how supply chain management plans, monitors, and executes the end-to-end flow of information, money, and products from suppliers to customers, turning raw materials into finished goods.
Define demand management and distinguish it from demand planning. Highlight Gartner's consensus-driven balance between market opportunity and supply network capability in guiding forecasting, DRP, master scheduling, capacity planning, and purchasing.
Forecast and demand differ: forecast is a past-data based prediction used as starting point, while demand planning expands it with distribution, inventory, capacity, and raw material to form plan.
Identify real demand by distinguishing it from sales and backlog, including delayed shipments and inventory replenishment. Incorporate seasonality, promotions, new launches, competitor shortages, and interplant support.
Identify the three types of demand: independent demand, dependent demand, and parts and services demand, and explain how each relates to finished goods, raw materials, and spare parts.
Explore product lifecycle management and the four stages—introduction, growth, maturity, and decline—and how each stage guides demand planning decisions from advertising to pricing and product redesign.
Plan production by estimating demand, evaluating inventory strategy and safety stock, aligning resources, monitoring execution, and continuously refining the process for future efficiency.
Identify the top production planning mistakes, from neglecting risk and variability to weak cross-functional communication and incorrect BOM. Learn to balance contingency planning, preventive maintenance, and shop floor realities.
Learn how planning time fence divides the planning horizon into frozen, slushy, and liquid zones. Discover how to manage change requests and balance commitments, capacity, and customer deliveries.
Identify critical resources by probability and severity, assess top risks, and craft contingency plans with backup options or substitutes. Share with stakeholders and review the plan regularly.
Learn to design a forecasting process in demand planning by setting purpose, choosing forecast level and unit, selecting horizons, compiling data, testing models, and building a consensus forecast for improvement.
Explores forecasting KPIs such as accuracy and bias, discusses comparing naive forecasting and moving average models using metrics like MAPE, RMSE, MAD, and introduces scaled bias and seasonal-cycle considerations.
Apply capacity to demand ratio within a rolling forecast using an Excel example to identify capacity gaps. Balance forecast across quarters by shifting demand when the ratio falls below one.
Explore rolling forecasts as a dynamic demand planning tool that updates budgets and financials quarterly using actual results, improving agility and accuracy in volatile markets.
Forecast next month with the naive method, where tomorrow equals today and February uses January’s actuals, as a reference alongside seasonal forecasting, moving average, exponential smoothing, and ARIMA.
Align demand and supply through a cross-functional, collaborative process involving sales, marketing, finance, operations, and senior management. Break silos, reduce stockouts and excess inventory, and support better decisions.
Learn the key steps of sales and operations planning, from sales forecasting and capacity planning to inventory and financial planning, through executive review and ongoing implementation.
Analyze how inventory supports supply chain performance by meeting customer demand promptly, smoothing production, and reducing costs through bulk ordering and economies of scale.
Inventory management defines the process of ordering, storing, using, and selling a company's raw materials and finished goods, from suppliers to customers, including work in progress and transit inventory.
Define inventory policy, determine how much to order and when to order, covering raw materials and finished goods. Compare continuous review and periodic review policies.
Explore the continuous review policy by modeling reorder point s=3 and order quantity q=10, ensuring inventory cycles between 3 and 13 as demand fluctuates.
Assess the continuous review policy and reorder point, noting low stockout risk, suitability for expensive items, volume discounts, and the challenge of combining orders from one supplier.
Explore how periodic review policies place fixed-order intervals with variable quantities to reach target inventory, contrasting with continuous review and highlighting practical order adjustments.
Explore how periodic review groups orders on a fixed day to streamline operations. Consider the tradeoffs: stockout risk and variable order quantity increase costs.
Define procurement as the process of acquiring goods and services from external sources to support operations and supply chains, including supplier evaluation, price range, quality standards, contract negotiation, and purchasing.
Explore the procurement cycle from supplier selection and contract negotiation to purchase orders, receipt testing, and timely payments, covering quality, price, delivery, and strategic versus operational roles.
We’re excited to welcome you to the course in the CPIM series
"APICS CPIM – Introduction to Supply Chain Management(Module 0)".
APICS CPIM - Version 8
Important Notice Before Enrolling:
This course is designed as a supplement and does not replace studying official materials from the certification provider. It is not endorsed by the certification vendor, and does not include official study materials or a voucher for the certification exam.
Who Should Attend This Course
1. CPIM Aspirants
Ideal for those preparing for the CPIM certification.
Provides a strong foundation in key CPIM topics.
2. Supply Chain Professionals
Perfect for individuals wanting practical supply chain skills.
Enhances efficiency in inventory and production roles.
3. Budget-Conscious Learners
For those who may not be able to invest in the full CPIM program.
This course provides a concise overview of essential CPIM topics.
Benefits
Learn critical insights and best practices in supply chain management.
Strengthen your professional skill set with high-impact content at a fraction of the cost.
This course is designed to provide you with a comprehensive understanding of the fundamentals of supply chain management.
The course will cover topics such as procurement, transportation, inventory management, and logistics, giving you a solid foundation in the key principles of supply chain management. Through a mix of lectures, case studies, and group exercises, you will learn how to apply these principles to real-world situations.
What is Supply Chain?
A supply chain is a network of organizations, people, activities, information, and resources involved in the creation and delivery of a product or service to customers. It encompasses all the steps involved in bringing a product or service from raw materials to the end user.
A typical supply chain includes several stages, including:
Raw material acquisition: This involves sourcing raw materials from suppliers.
Production: This involves manufacturing the product.
Distribution: This involves transporting the product to warehouses or distribution centers.
Retail: This involves selling the product to consumers.
After-sales service: This involves providing support to customers after they have purchased the product.
What are the benefits of pursuing a career in supply chain management?
There are several benefits of pursuing a career in supply chain management. Here are a few:
High demand: As the global economy continues to grow, there is an increasing need for professionals who can manage the flow of goods and services in the supply chain. This makes supply chain management a highly sought-after career.
Career advancement opportunities: The supply chain industry offers many opportunities for career advancement, including promotions to higher-level positions and opportunities to work in different parts of the world.
Diverse career paths: There are a wide range of roles and responsibilities in the supply chain industry, including procurement, logistics, inventory management, transportation, and more. This means that you can find a role that aligns with your interests and strengths.
Competitive salary: Supply chain management roles often come with competitive salaries and benefits packages, especially for those with experience and expertise in the field.
Continuous learning: The supply chain industry is constantly evolving, with new technologies and trends emerging all the time. This means that there are always opportunities to learn and grow in your career.
Overall, supply chain management can be a challenging and rewarding career path for those who are interested in logistics, operations, and management. With a growing demand for skilled professionals in the field, there are plenty of opportunities available for those who are willing to learn and work hard.
Whether you are interested in pursuing a career in supply chain management or simply want to enhance your understanding of this critical business function, this course is perfect for you.
WHY CPIM ?
There are several benefits to getting APICS CPIM (Certified in Planning and Inventory Management) certified:
Enhanced Knowledge: The APICS CPIM certification provides a comprehensive understanding of production and inventory management principles, tools, and techniques. This knowledge can help professionals to make informed decisions, improve operations, and increase efficiency.
Career Advancement: APICS CPIM certification is recognized globally, and it demonstrates a commitment to professionalism and excellence in the field of production and inventory management. It can open up new career opportunities and can help individuals to advance in their careers.
Increased Earning Potential: According to the APICS 2021 Supply Chain Compensation and Career Survey, professionals with an APICS CPIM certification earn on average 12% more than those without the certification.
Competitive Edge: The APICS CPIM certification sets professionals apart from others in the field, and it can give them a competitive edge in the job market.
Industry Recognition: The APICS CPIM certification is recognized by industry professionals, employers, and supply chain organizations worldwide. It signifies a commitment to best practices and continuous improvement in production and inventory management.
Overall, getting APICS CPIM certified can help professionals to improve their knowledge, advance their careers, increase their earning potential, and gain a competitive edge in the job market.
As per APICS data published only 60-70% of students pass the exam every year. That is after allowing multiple retakes. This means less than 50% of students are passing the exam on the first attempt. Since the retake cost is huge around 400 dollars, clearing it on the first attempt is very crucial. ( See the promo video for a detailed explanation of this )
Here's what Udemy students are saying - About
"CPIM( Certified in Planning & Inventory Mgmt ) Preparation"
"The explanation is simple yet easy to understand. Now i know what to do before cpim " - Nor
"I am taking this course because my coworker- a supply chain manager- suggested it to me. After a few changes to the course I had to update my review. I realize in my current job that I am exposed to a lot of the content in the class. So, this was helpful and meaningful to me." - Cathy
"Very Good Course. I didn't find similar course anywhere on Udemy or other places " - Aditi
"The course was really great! Easy to understand and very interesting. The instructor was very clear in his approach and precise."- Eric
"Highly Informative. This content is not available anywhere else." - Akash
"Must do course by CPIM aspirants." - Sachin
"Really comprehensive and the lecturer designs the course in an innovative way. Would recommend."- Dionne
"The instructor is friendly and engaging, and course well thought out and comprehensive" - Angel P
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