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Financial Aspects of Material Planning Aimed at non accountants, developed particularly for material control / production planning team members and manufacturing supervisors, this course is delivered from an ‘operations’ viewpoint, in an appropriately pitched fashion. Typically a half day session provides a suitable overview. Typical course content includes :- Definitions and evolution of MRP, MRPII, DRP, ERP The position in the Total Manufacturing Systems model Inputs and Outputs The MPS (Master Production Schedule) including sources of input
Capacity Requirements Planning (CRP) discussed including work centre loading reports Dependent Demand and Independent Demand items When is MRP appropriate Pegging explained BOM explosions Time Fences Planning Horizons Lead-time offsets Criteria for success Data housekeeping Reasons for schedule jerks Types of Lot sizing An introduction to TPOP (Time Phased Order Point) grids Case study exercise Quiz to test understanding (optional) |
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