
Explore basics of production and operations management, lean principles, working capital, and the evolution from job to flow, with applications across IT software, fast moving consumer goods, pharmaceuticals, and services.
Explore the basics of production and operations management, its decision framework, the Aida framework, and how marketing, sales, production, finance, and HR interrelate to convert inputs into customer value.
Define production and operations management as a decision framework that converts inputs into outputs through production systems, emphasizing unit efficiency, manufacturing, services, and continuous process improvement.
Outline the decision framework governing production planning, control, and continuous improvement, and show how operations management integrates efficiency, quality, supplier choice, KPIs, and end-to-end supply chain decisions.
improve cost efficiency, quality, and responsiveness by aligning production with customer demand through pull systems, while balancing products and services and upholding social responsibilities.
Explore lean production principles, from job and batch processing to flow, driven by pull and TPS, and discover autonomation and JIT for waste reduction.
Explore the Toyota production system and lean manufacturing fundamentals, including just-in-time, jidoka, waste reduction, and kaizen for continuous improvement and standard work.
Map the value stream to separate value-added work from essential non-value-added work and waste, then apply lean principles—flow, pull, and continuous improvement—to shorten lead time and pursue perfection.
Explore lean principles like five s, gemba, kaizen, jidoka, poka yoke, kanban, and value stream mapping to remove waste and boost efficiency across production and other fields.
Explain the basics of lean principles and the Toyota Production System, and show how lean applications optimize working capital from demand planning to cash collection while meeting customer demand.
Master the operating cycle by managing stocks, debtors, and creditors to optimize working capital, balancing inventory, credit terms, and supplier payments across finance, supply chain, and sales.
Improve working capital by targeting its drivers across the end-to-end value chain, balancing inventory with forecast quality, demand, seasonality, and supplier terms, while using rolling averages to gauge performance.
Apply lean principles to end to end value chain improvement by optimizing the order to cash process, boosting cash flow and customer satisfaction through cross-functional activities.
Explore performance indicators across the value chain, highlighting system uptime, speed to market, waste reduction, and decisions guided by data to improve end-to-end order processing and customer satisfaction.
Learn lean production and operations management through defect prevention, end-to-end value streams, customer pull, small batch planning, and agile, continuous improvement across processes.
Apply lean principles to improve cash flow by reducing debtors and optimizing data day, and map end-to-end document flow to cut waste and boost resource efficiency.
Master lean production concepts by understanding production operations fundamentals, lean working capital, and the order-to-cash process, and see how these elements align to benefit the organization.
This course is focused towards telling the audience about the basic building blocks of Production, operations, Lean managements and how this ties to effective management of working capital for the organization. Practical applications and growth of the production processes and application of lean forms the basis of this course. With this course you will understand how lean has been applied to the production processes in an organization and the focus of the growth of working capital in organization for the benefit of all. With the change in Production practices from Job to Batch to Flow processes, it was critical to continuously evolve and use the resources in an effective and efficient manner - With this course I am trying to paint this storyline of how production processes evolved and how as a student or working professional, we need to inculcate this in our day to day practices. At the end of this course, i intend the students to understand the meaning of Production, Operation, Service Industry, Lean management, Working capital, and practical applications of these in any organization - IT, Software, Fast moving consumer goods, Pharmaceuticals, Services. This is the first in the series of courses. This course will form the base of all the basic definitions and understandings.