Manufacturing and production planning and control (MPPC)
Course Info
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Course Details
Introduction
Objective
Who should attend
The manufacturing and production planning and control (MPC) system is concerned with planning and controlling all aspects of manufacturing, including managing materials, scheduling machines, and people, and coordinating suppliers and key customers.
The essential task of the MPC system is to manage efficiently the flow of material, to manage the utilization of people and equipment, and to respond to customer requirements by utilizing the capacity of our suppliers, that of our internal facilities, and (in some cases) that of our customers to meet customer demand. With the global marketplace constantly changing, it is crucial that your Manufacturing Planning and Control (MPC) system evolve to stay current with technology, product, and market conditions.
Manufacturing and production planning and control (MPPC) training course is essential if you are working in any capacity of operations in the supply chain because you’ll gain a thorough understanding of Manufacturing Planning and Control key elements. You’ll also master a variety of decision tools that can assist you in effective planning and execution.
Course Outline
Introduction to Manufacturing and production Planning and Control (MPPC) and Forecasting
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Key Modules of MPPC
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How to identify the process of forecasting and characteristics of forecasts
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How to determine the right supply chain for your product
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Ways to develop causal forecasting models using regression approach
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Expertise in forecasting error measures
Causal, Static and Adaptive Forecasting
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How to compare and contrast static and adaptive models
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Ways to develop moving average, exponential smoothing and Holt’s models
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Ability to select the appropriate forecasting tool for your operations
