Principles of Production and Inventory Management (PPIM)

Overview

The Principles of Production and inventory management have always played a significant role in the rise in manufacturing productivity. Only qualified and skilled employees with an awareness of how operations contribute to a firm’s continuing growth in today’s competitive market may help a company gain a competitive advantage.

DURATION: 60hrs

Target Audience

The target audience for this course is anyone working in the field of production and inventory management, as well as anyone in a closely connected industry like purchasing, accounting, marketing, engineering, or data processing.

Course Topics

  • Manufacturing Strategies and Resource Management
  • Product and Process Design
  • Forecasting and Forecasting Techniques
  • Production Planning and Master Scheduling
  • Materials Planning
  • Capacity Planning
  • Project Management 
  • Intermittent Production Systems
  • Continuous Production Systems
  • Fundamentals of Inventory Management
  • Inventory Methodologies and Lot Sizing Techniques
  • Lean and Waste Elimination
  • Purchasing and Procurement
  • Warehousing and Materials Handling
  • Quality Strategies
  • Facilities Location and Transportation
  • Distribution Management 
  • Final Exam 

Assessment

The program consists of a number of assessment tools. These include homework and class assignments for each session, a fist assessment (mid-term assessment) based on the content of the first eight sessions, and a final assessment based on the final eight sessions of the course.