Production and Material Management

Course Overview

What is production management? Production management encompasses all functions or processes that surround planning, organisation, direction, and control of production activities. Simply put, it deals with all activities and processes involved in converting raw material into finished products.

Production management brings together employees, money, machines, material, methods, and markets to meet customer requirements. What does material requirements planning include? Broadly, material requirements planning is a system for planning, scheduling and controlling inventory, which is used to manage manufacturing or production processes to meet customer demand.

It mainly ensures ready availability of raw material of the correct quality and quantity at the correct time to be manufactured into finished products to meet customer demand.

These days, organisations are using advanced forecasting techniques to anticipate customer demand and plan for raw material and manufacturing of finished products in advance.

This Zoe training course will empower you detailed knowledge and understanding of production management and material requirements planning.

By undertaking this Production and Material Management course, you will acquire the necessary skills, confidence, and experience to independently drive product management and material requirements planning for your organisation, thereby proving your skill and inviting opportunities for career growth and development.

Course Objectives

The main objective of this Production and Material Management training course is to empower professionals with

• detailed understanding and knowledge of Production and Material Management
• the required confidence and experience to train other professionals on production management and material requirements planning
• the necessary skills to check existing processes and systems and suggest changes for process enhancement and improvement in quality of operations
• the skill, knowledge, and experience to forecast customer demand and plan material requirements and production accordingly
• the understanding and confidence to apply advanced techniques and concepts to improve material requirements planning and production management
• the ability and experience to increase client satisfaction through higher quality goods available in the correct quantities and at the correct time
• the capabilities and knowledge to influence and enhance organisational growth through better processes and practices
• the overall skill set and capabilities to successfully undertake higher roles and responsibilities in material requirements planning and production management, thereby contributing to overall career growth and progression

Training Methodology

Zoe Talent Solutions adopts a mixed training format, theoretical-cum-practical. The theoretical aspect of training is delivered by an experienced professional and expert in the relevant domain, using audio-visual presentations for ease of reference.

The practical aspect of training is ensured through group projects and activities assigned to trainees during the course of the training. Role-plays and case study discussions help increase relevance to the training content.

The above-mixed training format is typical of Zoe Talent Solutions and is called the Do–Review–Learn–Apply Model.

Organisational Benefits

By professionals enrolling for this Production and Material Management course, organisations will derive the following benefits:

• Trained and experienced professionals overseeing Production and Material Management
• Production of the right quantity of goods at the correct time and with the correct quality
• Regular training of other employees on best practices for production management and material requirements planning
• Frequent audits and checks of existing processes and systems resulting in continuous improvement in operations
• Increased client satisfaction as a result of better quality goods and customer demands met on time
• Application of advanced techniques and methods to enhance production management and material requirements planning
• Organisational growth as a result of better customer demand forecasting and enhanced production management and material requirements planning

Personal Benefits

Professionals enrolling for this Production and Material Management course will derive the following benefits:

• Detailed understanding and knowledge of production management and material requirements planning
• Increased confidence and knowledge to train other professionals on best practices of production management and material requirements planning
• Enhanced skill set, confidence and knowledge to apply advanced tools and techniques for better production management and material requirements planning
• Enhanced foresight and attention to detail to audit processes to check for adherence to standards and efficiency
• Increased understanding, experience and ability to increase client satisfaction through better quality products in the right quantities and at the right time
• Enhanced skill set and capabilities to undertake and successfully fulfil higher roles and responsibilities in material requirements planning and production management
• Increased knowledge and experience to be able to contribute to organisational growth and development through enhanced customer experience and better processes and systems
• Enhanced skillset and foresight to predict customer demand to improve the accuracy of material planning and production systems and processes

Who Should Attend?

• Production managers and supervisors responsible for overseeing production operations of an organisation
• Executives involved in material forecasting and planning for making raw material easily available for production
• Senior members and top management of an organisation responsible for making critical decisions regarding raw material planning and production management
• Internal and external auditors responsible for checking and ensuring adherence to industry standards
• Financial advisors who need to understand customer demand forecasting and the impending costs that the organisation may incur
• Any other professional who would like to know more about product management and material requirements planning

Course Outline

The Production and Material Management course covers the following areas important to understanding production management and material requirements planning:

Module 1 – Three Steps of Material Requirements Planning

• Identifying quantity requirements
• Running material requirements planning calculations
• Completing orders

Module 2 – Inputs for Material Requirements Planning

• Customer orders
• Forecast demand
• Master production schedule
• Bill of materials
• Inventory records

Module 3 – Outputs for Material Requirements Planning

• Purchase orders
• Material plans
• Work orders
• Reports

Module 4 – Methods to Find Order Quantities

• Dynamic lot-sizing
• Silver–Meal heuristic
• Least-unit-cost heuristic

Module 5 – Objectives of a Material Requirements Planning System

• Ensure material availability for production and product for the customer
• Maintain the lowest possible material and product levels at stores
• Plan manufacturing activities, purchasing activities and delivery schedules

Module 6 – Objectives of Production Planning

• Right quality goods
• Right quantity of goods
• Right time of production and delivery of goods
• Right cost of manufacturing goods

Module 7 – Advantages of Production Planning

• Good quality goods, higher production, lower costs
• Increased profitability because of enhanced productivity
• Stability and security in employment
• Economic welfare of society

Module 8 – Functions of Production Management

• Selection of product and design
• Selection of production process
• Selection of right production capacity
• Production planning
• Production control
• Quality and cost control
• Inventory control
• Maintenance and replacement of machines