Operations Management Foundations
3.8 (13 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
231 students enrolled

Operations Management Foundations

Your first steps to becoming Operations Management Professional
3.8 (13 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
231 students enrolled
Created by Nikola Sretenovic
Last updated 6/2020
English [Auto]
Current price: $27.99 Original price: $39.99 Discount: 30% off
5 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 1 hour on-demand video
  • 1 downloadable resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Operations Management Foundations
  • Supply Chain Management Basics
  • Forecasting demand
  • Lean Six Sigma basics
  • Lean Management Foundations
  • Asset Management Basics
  • Accounting Overview
  • Inventory Management Foundations
  • Basic algebra
  • Willingness to learn

In this course, a S&P 100 company Operations Management Professional Nikola Sretenovic will show you how to identify the operations systems and use operations management tools and concepts to improve your company's productivity, increase efficiency, remove waste and deliver great products to customers at great price.

The Operations Management Foundations course is covering all aspects of operations management including:

  • Supply chain management

  • Lean management

  • Kaizen

  • Accounting basics

    • Balance sheet

    • Income statement

    • Cash flow statement

    • Learn how to interpret income statement

  • How to handle inventory

    • How to balance inventory

    • Understand true cost of inventory

    • How to forecast demand

  • How to manage bottlenecks

  • Quality control

  • Business processes

For this Foundations course you will need to set aside about one hour for video lessons, examples and quizzes.

Course is designed to benefit anyone starting to work in operations management, supply chain management, maintenance and reliability engineering / management positions as well as students taking the operations management course.

You have 30 days money back guarantee! No questions asked. Now, go ahead, and press that "Take the Course" button! Or, take the free preview and decide later!

Who this course is for:
  • Beginners in Operations Management
  • Managers
  • Maintenance and Reliability Engineers
  • Students
Course content
Expand all 28 lectures 56:30
+ Getting started with operations
6 lectures 12:43

Operations are management of systems that produce services or manufacture products. Poor operations can easily run the company to the ground.

Preview 01:13
What is supply chain management?

Value is one of the term that we take for granted, however can you define it? This is how you can.

What is value and why is it important?

Productivity is what owners of the company expect of managers. This is how you can define it and increase it.

Relevance of productivity

In this lesson you will see why does good management matters.

Importance of well thought out management

Let's recap what we learned!

Chapter quiz
1 question
+ Introduction to finances
5 lectures 07:52
Key financial statements

Learn about balance sheets

Balance sheet

Let's learn how to identify if company is making money or accumulating losses

Income statement
Interpreting the income statement

Let's learn how our company got and spent cash! 

Cash flow statement
Chapter quiz
1 question
+ Up and running with operations
5 lectures 13:01

Let's start with operations management

To manage is to plan

There are countless ways to design a process. Let's learn two basic ones.

Select the production process

Learn how to improve experience to your customers

Reduction of customer flow time

Learn how to address the bottlenecks to make your business both more productive and profitable.

Manage bottlenecks

Understanding ten principles of supply chain management will give you good understanding on what supply chain management does.

Ten principles of supply chain management
Chapter quiz
1 question
+ Managing inventory basics
5 lectures 08:04

What is inventory to you? Let's see what it is in operations management

What is inventory?

In this chapter we will learn about balancing inventory

Balancing inventory

It is important to understand the true cost of having inventory

True cost of inventory

Recognize significance of forecasting

Forecasting: how to do it?
Inventory management

Let's quickly check out knowledge

Chapter quiz
1 question
+ Lean your company
5 lectures 13:05

In this lecture, you will learn about a concept of lean methodology

What is lean?
Focusing on quality

What is waste, how many different types are there and how to eliminate it? 

Preview 05:18
Chapter quiz
1 question