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Postgraduate Programme in Production And Inventory Management
Wednesday, 01 May 2024 19:47:21
     

The Postgraduate Programme in Production And Inventory Management offers a comprehensive curriculum designed to equip learners with the skills and knowledge needed to excel in the dynamic field of operations management. Throughout the programme, participants will engage with a range of core modules tailored to provide a deep understanding of key concepts and industry-relevant practices.

One fundamental module focuses on Supply Chain Management, where participants explore the intricacies of managing the flow of goods and services from raw materials to finished products. Topics covered include supplier selection, logistics management, and distribution network design, enabling learners to optimize supply chain efficiency and responsiveness.

Another essential component of the programme is Demand Forecasting, where participants learn to analyze historical data, market trends, and consumer behavior patterns to predict future demand accurately. Through hands-on exercises and case studies, participants develop robust forecasting models to anticipate demand fluctuations and mitigate inventory risks.

The Lean Manufacturing module introduces participants to principles and methodologies aimed at eliminating waste and improving process efficiency. By studying lean tools such as value stream mapping, kanban, and 5S methodology, learners gain insights into streamlining production processes and enhancing productivity.

Inventory Control Strategies form another critical aspect of the programme, wherein participants delve into various techniques for managing inventory levels effectively. From ABC analysis to Just-In-Time (JIT) inventory systems, participants learn to strike a balance between inventory costs and service levels, ensuring optimal inventory management practices.

Furthermore, participants will explore emerging trends and technologies shaping the future of production and inventory management, including Industry 4.0 concepts such as IoT (Internet of Things), Big Data analytics, and predictive maintenance.

Throughout the programme, emphasis is placed on practical applications, with real-world case studies and industry examples woven into the curriculum. Participants will have the opportunity to apply theoretical knowledge to solve complex business challenges, gaining valuable insights and skills applicable to diverse industry settings.

By the end of the programme, graduates will emerge as proficient professionals equipped with the expertise to drive operational excellence and strategic decision-making in production and inventory management roles. Whether aspiring to advance their careers or seeking to enhance their knowledge in this field, the Postgraduate Programme in Production And Inventory Management provides a solid foundation for success.



present_to_all   PURSUE YOUR DREAMS - GAIN A RESPECTED QUALIFICATION STUDYING ONLINE

The programme aims to develop pro-active decision makers, managers and leaders for a variety of careers in business sectors in a global context.
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Course content

The Postgraduate Programme in Production And Inventory Management offers a robust curriculum designed to equip students with the knowledge and skills necessary to excel in the field of operations management. Through a blend of theoretical foundations and practical applications, students gain a deep understanding of key concepts and emerging trends in production and inventory management.

Curriculum Highlights:

  1. Fundamentals of Operations Management: Delve into the foundational principles of operations management, including process analysis, capacity planning, and quality management, to understand how organizations can optimize their production processes.

  2. Inventory Control Techniques: Explore various inventory control methods, such as ABC analysis, EOQ models, and JIT inventory systems, to effectively manage inventory levels and minimize holding costs.

  3. Lean Manufacturing Practices: Learn about lean manufacturing principles and techniques aimed at eliminating waste, improving productivity, and enhancing overall operational efficiency.

  4. Supply Chain Management: Gain insights into supply chain dynamics, logistics management, demand forecasting, and supplier relationship management to optimize supply chain performance and ensure seamless operations.

  5. Production Planning and Scheduling: Understand the intricacies of production planning and scheduling, including MRP systems, master production scheduling, and capacity planning, to meet customer demand efficiently.

  6. Quality Management Systems: Explore quality management frameworks such as Six Sigma and Total Quality Management (TQM) to drive continuous improvement and achieve operational excellence.

  7. Advanced Topics in Inventory Management: Dive deeper into advanced topics such as multi-echelon inventory optimization, safety stock management, and inventory risk mitigation strategies to address complex inventory challenges.

  8. Digital Transformation in Operations: Explore the role of emerging technologies such as Industry 4.0, IoT, and data analytics in transforming production and inventory management processes for the digital age.

  9. Case Studies and Practical Applications: Analyze real-world case studies and engage in hands-on projects to apply theoretical concepts to practical scenarios, gaining valuable insights into industry best practices.

  10. Capstone Project: Culminate your learning journey with a capstone project where you will apply your knowledge and skills to solve a real-world production and inventory management challenge, demonstrating your readiness to tackle complex operational issues in the field.

Throughout the programme, students benefit from a dynamic learning environment facilitated by experienced faculty members and industry experts. With a focus on practical relevance and industry alignment, the Postgraduate Programme in Production And Inventory Management prepares students to become adept operations professionals capable of driving organizational success in today's competitive business landscape.

❶   Course duration
The programme is available in two duration modes:
1 month
2 months
❷   Course Delivery

Online

❸   Entry Requirements
  • The program operates under an open enrollment framework, devoid of specific entry prerequisites. Individuals demonstrating a sincere interest in the subject matter are cordially invited to participate. Participants must be at least 18 years of age at the commencement of the course. OR;
❺   Assessment

The assessment is done via submission of assignment. There are no written exams.

❻   Course fee
The fee for the programme is as follows:

1 month - GBP £149


2 months - GBP £99
❼   Payment plans

1 month - GBP £149

2 months - GBP £99
❽   Accreditation

  • This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regula

❾   How to apply?

Simply follow the 2 steps given below to enrol:

(1) Fill enrolment form online at
https://www.lspm.org.uk/enrolment-v2/start.html

(2) Pay enrolment fee of GBP £15
(This can be paid online using credit or debit card)

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