Supply Chain Fundamentals: Understanding the Basics

Save Thousands each Month Thinking Like a Supply Chain Expert. Learn the Skills to be a Supply Chain Professional.
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Instructed by John Mandic Business / Operations
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  • Lectures 75
  • Length 3 hours
  • Skill Level Beginner Level
  • Languages English
  • Includes Lifetime access
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    Available on iOS and Android
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About This Course

Published 1/2016 English

Course 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...

What are the requirements?

  • A computer with an internet connection.
  • The willingness to learn.

What am I going to get from this course?

  • 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.

What 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.

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: Introduction
01:41

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.

01:21

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.

05:11

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

02:35

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

01:09

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

01:25

The main goal of a Supply Chain is revealed.

02:34

The students first look at a Supply Chain.

01:11

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

Section 2: Demand
02:04

Know the different types of Demand.

01:19

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

02:36

Know the different patterns of demand.

01:47

Exercise using a forecasting demand technique.

03:34

Exercise using a 2nd forecasting demand technique.

03:12

Exercise using a 3rd forecasting demand technique.

01:33

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

01:36

Review of different forecast error measuring techniques.

01:30

Demonstration of the 1st forecast error measuring technique.

01:32

Demonstration of the 2nd forecast error measuring technique.

01:34

Demonstration of the 3rd forecast error measuring technique.

01:22

Demonstration of the 4th forecast error measuring technique.

04:40

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

02:47

Student practice exercise.

01:29

Student practice exercise.

01:46

Student practice exercise.

Testing Your Knowledge
5 questions
Section 3: Manufacturing
01:44

Understand the goal of manufacturing.

01:57

Know the different manufacturing environments.

03:24

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

02:31

Know the different manufacturing layouts.

01:27

Student practice exercise.

Testing Your Knowledge
5 questions
Section 4: Sales & Operations Planning (S&OP)
01:53

Understand the goal of Production Planning.

02:08

Know the different types of Production Plans.

02:11

Demonstration exercise on how to calculate ending inventory per period.

01:42

Demonstration exercise on how to develop a Production Plan.

03:02

Know to check the capacity of the Production Plan.

01:40

Student practice exercise.

02:23

Student practice exercise.

Testing Your Knowledge
5 questions
Section 5: Master Scheduling
01:39

What are the inputs to create the Master Production Schedule.

04:57

Demonstration exercise on creating a Master Production Schedule.

02:13

Know to check the capacity of the Master Production Schedule.

00:47

A planning tool to make commitments.

03:37

Demonstration exercise how Available-to-Promise works.

03:04

Student practice exercise.

Testing Your Knowledge
5 questions
Section 6: Material Requirements Planning
01:41

Understand the goal of Material Requirements Planning.

02:01

Inputs that MRP needs to function properly.

02:34

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

01:39

Another format for a Bill-of-Material.

03:08

How items in manufacturing are identified.

03:09

Demonstration exercise how to create a bill of material.

02:13

Understanding what makes up Lead Time.

01:04

Major features of Material Requirements Planning.

05:08

Demonstration exercise how Material Requirements Planning works.

02:27

Demonstration exercise how Material Requirements Planning schedules orders.

02:21

Student practice exercise.

03:14

Understand the functions of Material Requirements Planning.

01:01

Know to check the capacity of the Material Requirements Plan.

02:47

Understanding schedules and impacts of customer changes.

Testing Your Knowledge
5 questions
Section 7: Capacity Planning
01:07

Understanding Capacity Requirements Planning.

04:51

Understanding how to calculate capacity.

01:49

Student practice exercise.

Testing Your Knowledge
5 questions
Section 8: Production Activity Control
02:12

Executing the plan.

01:57

Review checklist before issuing the order.

Section 9: Manufacturing Planning and Control (MPC)
03:31

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

Testing Your Knowledge
5 questions
Section 10: Inventory
02:47

Understanding what is considered inventory.

03:18

Understanding how much is enough.

01:34

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

02:11

Finding the optimal quantity with the lowest cost.

02:02

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

03:54

Strategies for managing inventory.

03:53

Demonstration exercise how to classify inventory using the ABC analysis.

Testing Your Knowledge
5 questions
Section 11: Focus on the Customer
02:06

Understanding the customer is key.

Section 12: Sustainability
02:19

Promoting positive behavior.

01:49

How Supply Chains can support Sustainability.

Section 13: Closing Remarks
Congratulations
00:49
Acknowledgements
00:16
Section 14: Next Steps
01:13

Topics and lectures still to come.

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Instructor Biography

John Mandic, 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.

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