Supply Chain Fundamentals: Understanding the Basics

Learn the skills to be a Supply Chain professional by aligning goals, improving efficiencies and increasing returns

4.53 (31113 reviews)

Udemy

platform

English

language

Operations

What you will learn

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.

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Comidoc Review

Our Verdict

Supply Chain Fundamentals: Understanding the Basics offers in-depth exploration into essential aspects necessary for beginners. It primarily thrives on thoroughly explained theoretical concepts and practical exercises while providing updated content within a structured course arrangement. Certain areas of improvement can be addressed, considering individual learner preferences; however, it remains an asset to students new in the supply chain field.

What We Liked

Comprehensive coverage of Supply Chain Fundamentals, including demand, manufacturing, production planning, inventory management, and sustainability
Well-structured course with clear objectives for each section, assisting learners in understanding the basics of supply chain
Practical examples and step-by-step guides enhance skill embedding
Content updated as recent as December 2024, ensuring information relevance and applicability

Potential Drawbacks

Concerns about audio quality, with some learners experiencing difficulty hearing the instructor during lectures
Limited engagement from the instructor, lacking visual presence and interactivity through images and videos in the presentation
Incomplete experience for advanced Supply Chain professionals as course focuses on basic principles
Some learners require a more dynamic pacing of information, addressing monotony experienced by some