Supply Chain Fundamentals: Understanding the Basics
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Supply Chain Fundamentals: Understanding the Basics

Learn the Skills to be a Supply Chain Professional. Save Thousands each Month Thinking Like a Supply Chain Expert.
4.4 (52 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
954 students enrolled
Created by John Mandic
Last updated 9/2016
English
Current price: $10 Original price: $70 Discount: 86% off
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Includes:
  • 3 hours on-demand video
  • 9 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What Will I Learn?
24 instructor lead and independent exercises and solutions, 40 quiz questions & solutions.
Gain an understanding of Demand and the types of demand.
Learn to spot the different patterns of demand.
Learn to forecast demand using various forecasting techniques, which is the easiest method, which method will give you the best results.
Understand forecast error and how to deal with it.
Gain an understanding of Manufacturing.
Learn the different manufacturing strategies and what environment is suitable for your product.
Learn about the Product Life Cycle and how it influences the manufacturing strategy.
Learn about the various manufacturing processes and layouts in relation to the product.
Gain an understanding of Production Planning.
Learn the strategies for developing a Production Plan.
Learn Resource Requirements Planning (RRP) to check the capacity needed for the Production Plan.
Gain an understanding of the Master Production Schedule and its relationship to the Production Plan.
Create a Master Production Schedule, understand Projected Available Balance (PAB).
Learn Rough Cut Capacity Planning (RCCP) to check the capacity needed for the Master Production Schedule (MPS).
Learn the planning tool Available-to-Promise (ATP) and its relationship to making commitments to customers.
Gain an understanding of Material Requirements Planning.
Learn about a Bill-of-Material and its importance to Material Requirements Planning.
Learn about Manufacturing Lead-Time.
Understand how MRP logic works and learn the use of lead-time Offsetting and Exploding.
Learn how MRP software works - understand Planning Orders, Released Orders, MRP Action Messages and MRP Exception Messages.
Learn Capacity Requirements Planning (CRP) to check the capacity needed for the Material Requirements Plan (MRP).
Learn to calculate Available Capacity, Available Time, Utilization and Efficiency.
Learn to calculate Rated Capacity.
Gain an understanding of Production Activity Control.
Summary of Manufacturing Planning and Control.
Gain an understanding of Inventory.
Learn about Customer Service and Safety Stock.
Learn about a Stock-Out.
Learn about Inventoy Carrying Costs and Ordering Costs and their relationship.
Understand the Economic Order Quantity (EOQ).
Learn how to manage Inventory.
Learn ABC Analysis and Pareto's Law (the 80/20 rule).
Gain an understanding of Meeting Customer Expectations.
Gain an understanding of Supply Chain Sustainability.
View Curriculum
Requirements
  • A computer with an internet connection.
  • The willingness to learn.
Description

Updated September 23, 2016.

This video course is your starting point to learn the field of Manufacturing and Supply Chain. An ingredient for an effective and efficient supply chain is gaining the knowledge and skills to take you and your organization to the next level. With this course you can strengthen your overall performance and optimize your organization's return on investment. 

Whether you are a student wanting to learn a new field, already a Supply Chain professional needing to refresh your skills or any business professional seeking to supplement your body of knowledge, this introductory video training course is exactly what you are looking for. Unlike other courses that teach you the high level textbook theory, I will start with the basics and teach you through examples and exercises, principles which you can apply and start using immediately.

If your goal is  APICS certification, this course covers Basics of Supply Chain Management and can assist your preparation for the exam. 

Achieving excellence in managing a supply chain is essential for businesses to be successful. The challenge with globalization is that time and distance are added to supply chains which translates to more cost, complexity and risk. This as well becomes an opportunity. Successfully navigating the complexities and risks provides a competitive advantage and sets you and your organization well above the rest for continued growth and success.

Your journey towards becoming a Supply Chain Expert starts here.

Enrol now!

Every minute you delay may actually be COSTING you or your business money...

Who is the target audience?
  • Anyone wanting to learn about Supply Chain.
  • Anyone looking for a career change in the Supply Chain field.
  • Anyone already in Supply Chain and looking for a quick refresher.
  • Any business professional looking to supplement their knowledge.
  • Anyone seeking APICS certification.
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Curriculum For This Course
Expand All 75 Lectures Collapse All 75 Lectures 02:51:52
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Introduction
8 Lectures 17:07

This course is ideal for someone wanting to enter the field of Supply Chain, someone wanting a re-fresher in Supply Chain or someone just wanting to learn a new skill that will complement their current knowledge.

Preview 01:41

Get to know the instructor, learn about his background, his experience.  Know the main topics that you will learn by the end of the course.

Preview 01:21

A detail review of the instructor's background, education and experience.

Preview 05:11

A review of the course outline and all the topics that will be covered.

Preview 02:35

The course includes lots of examples, lots of exercises, many quiz questions.

How will you learn?
01:09

The main goal of a Supply Chain is revealed.

What is a Supply Chain?
01:25

The students first look at a Supply Chain.

What does a Supply Chain look like?
02:34

Friendly instructions on how to participate in exercises that students will do on their own.

Navigating the Exercises
01:11
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Demand
16 Lectures 34:21

Know the different types of Demand.

What is Demand?
02:04

Understanding the behavior of demand becomes a step in being able to predict it.

Understanding Demand
01:19

Know the different patterns of demand.

Forecasting Demand
02:36

Exercise using a forecasting demand technique.

Exercise with instructor - Forecasting using Simple Moving Avergae
01:47

Exercise using a 2nd forecasting demand technique.

Exercise with instructor - Forecasting using Weighted Moving Average
03:34

Exercise using a 3rd forecasting demand technique.

Exercise with instructor - Forecasting using Exponential Smoothing
03:12

Understand the difference (or error) between the forecast and the actual demand.

Understanding Forecast Error
01:33

Review of different forecast error measuring techniques.

Measuring Forecast Error
01:36

Demonstration of the 1st forecast error measuring technique.

Exercise with instructor - Cumulative Sum of Error
01:30

Demonstration of the 2nd forecast error measuring technique.

Exercise with instructor - Mean Square Root
01:32

Demonstration of the 3rd forecast error measuring technique.

Exercise with instructor - Mean Absolute Deviation
01:34

Demonstration of the 4th forecast error measuring technique.

Exercise with instructor - Mean Absolute Percent Error
01:22

The goal is to minimize the difference (or error) between the forecast and the actual demand.

Understanding Forecast Error - Part 2
04:40

Student practice exercise.

Exercise - 3 Month Moving Average
02:47

Student practice exercise.

Exercise - 4 Month Moving Average
01:29

Student practice exercise.

Exercise - Measuring Forecast Error
01:46

Testing Your Knowledge
5 questions
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Manufacturing
5 Lectures 11:03

Understand the goal of manufacturing.

Introduction to Manufacturing
01:44

Know the different manufacturing environments.

Choosing a Manufacturing Environment
01:57

Know the different phases that make-up the life of a product.

Product Life Cycle
03:24

Know the different manufacturing layouts.

Choosing your Manufacturing Process and Layout
02:31

Student practice exercise.

Exercise - Vocabulary - Match the Word and Phrase
01:27

Testing Your Knowledge
5 questions
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Sales & Operations Planning (S&OP)
7 Lectures 14:59

Understand the goal of Production Planning.

What is Production Planning?
01:53

Know the different types of Production Plans.

Strategies for Developing a Production Plan
02:08

Demonstration exercise on how to calculate ending inventory per period.

Exercise with instructor - Calculating Expected Ending Inventory
02:11

Demonstration exercise on how to develop a Production Plan.

Exercise with instructor - Developing a Level Production Plan
01:42

Know to check the capacity of the Production Plan.

Resource Requirements Planning (RRP)
03:02

Student practice exercise.

Exercise - RRP
01:40

Student practice exercise.

Exercise - RRP Part 2
02:23

Testing Your Knowledge
5 questions
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Master Scheduling
6 Lectures 16:17

What are the inputs to create the Master Production Schedule.

What is a Master Production Schedule (MPS)?
01:39

Demonstration exercise on creating a Master Production Schedule.

Exercise with instructor - Creating an MPS plus Projected Available Balance(PAB)
04:57

Know to check the capacity of the Master Production Schedule.

Rough Cut Capacity Planning (RCCP)
02:13

A planning tool to make commitments.

Available-to-Promise (ATP)
00:47

Demonstration exercise how Available-to-Promise works.

Exercise with instructor - Calculating ATP
03:37

Student practice exercise.

Exercise - Creating an MPS
03:04

Testing Your Knowledge
5 questions
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Material Requirements Planning
14 Lectures 34:27

Understand the goal of Material Requirements Planning.

What is Material Requirements Planning (MRP)?
01:41

Inputs that MRP needs to function properly.

Inputs to MRP
02:01

Understand what is a Bill-of-Material and what information it provides.

Product Structure File or Bill of Material (BOM)
02:34

Another format for a Bill-of-Material.

Bill of Material - Product Tree Format
01:39

How items in manufacturing are identified.

What is a Part Number?
03:08

Demonstration exercise how to create a bill of material.

Exercise with Instructor - Bill of Material
03:09

Understanding what makes up Lead Time.

Elements of Manufacturing Lead Time
02:13

Major features of Material Requirements Planning.

MRP Offsetting & Exploding
01:04

Demonstration exercise how Material Requirements Planning works.

Exercise with Instructor - MRP Offsetting & Exploding
05:08

Demonstration exercise how Material Requirements Planning schedules orders.

Exercise with Instructor - Time Phasing
02:27

Student practice exercise.

Exercise - Time Phasing
02:21

Understand the functions of Material Requirements Planning.

MRP - Functions & Use of Software
03:14

Know to check the capacity of the Material Requirements Plan.

Capacity Requirements Planning (CRP)
01:01

Understanding schedules and impacts of customer changes.

Understanding Time Fences & Zones
02:47

Testing Your Knowledge
5 questions
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Capacity Planning
3 Lectures 07:47

Understanding Capacity Requirements Planning.

Capacity Requirements Planning (CRP) in detail
01:07

Understanding how to calculate capacity.

Determining Available Capacity
04:51

Student practice exercise.

Exercise - Rated Capacity
01:49

Testing Your Knowledge
5 questions
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Production Activity Control
2 Lectures 04:09

Executing the plan.

What is Production Activity Control?
02:12

Review checklist before issuing the order.

Shop Order Release
01:57
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Manufacturing Planning and Control (MPC)
1 Lecture 03:31

Understanding the elements of Priority Planning, Capacity Planning and Execution.

MPC Hierarchy
03:31

Testing Your Knowledge
5 questions
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Inventory
7 Lectures 19:39

Understanding what is considered inventory.

What is Inventory?
02:47

Understanding how much is enough.

Customer Service and Safety Stock
03:18

Understanding what's happens when you run out of stock.

Stock-out
01:34

Finding the optimal quantity with the lowest cost.

Carrying Cost vs. Ordering Cost
02:11

Lot sizing rule that provides you the lowest cost optimum quantity to order.

EOQ
02:02

Strategies for managing inventory.

Inventory Management
03:54

Demonstration exercise how to classify inventory using the ABC analysis.

Exercise with Instructor - ABC Analysis
03:53

Testing Your Knowledge
5 questions
4 More Sections
About the Instructor
John Mandic
4.4 Average rating
52 Reviews
954 Students
1 Course
OnLine Coach and Personal Trainer

John Mandic is a licensed Professional Engineer with a Bachelor of Engineering.  John also has a Master of Business Administration (MBA), is a Certified Logistics Professional and is Certified in Production and Inventory Management (CPIM) through APICS - Association for Supply Chain and Operations Management.

John has worked in the manufacturing sector for over 25 years in various progressive roles that includes Industrial Engineering, Manufacturing Engineering, Project Management, Contracts Management, Customer Relationship Management and Supply Chain.

He is currently in a senior managerial role leading a diverse team of professionals covering Order Management, Scheduling, Procurement, Materials Management, Production Control, Warehousing, Distribution, Customs and Logistics.

Having amassed a wealth of knowledge and experience, John devotes his time to sharing his expertise while he continues his studies.