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Course Description

For products with a short life cycle — including items like fresh food, fashion, and even high-tech products — supply chain managers often have to make a one-shot decision for production quantity to meet the demand over the entire selling season, which could vary from a day to a few months.

In this course, you will examine how to determine the optimal production quantity for products with a short life cycle, assuming there is no resource capacity constraint. You will then explore how to optimally allocate the production capacity among multiple items when there is a limited resource capacity available. You will also discover how to determine the optimal production sequence if more accurate demand information can be obtained at a later time. Finally, you will discuss how to improve supply chain efficiency through various operations strategies, adding to your toolkit of practical knowledge for your organization and beyond.

The following courses are required to be completed before taking this course:

  • Forecasting Supply Chain Demand
  • Optimizing Inventory Management

Faculty Author

Li Chen

Benefits to the Learner

  • Determine optimal production quantity with and without capacity limits
  • Assess the optimal production sequence and quantity with capacity limit
  • Improve supply chain efficiency through capacity management

Target Audience

  • Individuals seeking to increase skills in supply chain strategy
  • Operations analysts
  • Market analysts for consumer and industrial products
  • Consultants seeking supply chain knowledge

Applies Towards the Following Certificates

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Enroll Now - Select a section to enroll in
Type
2 week
Dates
Aug 28, 2024 to Sep 10, 2024
Total Number of Hours
14.0
Course Fee(s)
Contract Fee $100.00
Section Notes

IMPORTANT COURSE INFORMATION

  • Please note that the content in the Supply Chain Analytics course curriculum was developed to be completed in sequential order as course concepts build throughout the program. With this in mind, please be sure you are scheduled to complete or have completed the courses in order. For example, JCB551 prior to JCB552, JCB552 prior to JCB553, etc.
Type
2 week
Dates
Nov 06, 2024 to Nov 19, 2024
Total Number of Hours
14.0
Course Fee(s)
Contract Fee $100.00
Section Notes

IMPORTANT COURSE INFORMATION

  • Please note that the content in the Supply Chain Analytics course curriculum was developed to be completed in sequential order as course concepts build throughout the program. With this in mind, please be sure you are scheduled to complete or have completed the courses in order. For example, JCB551 prior to JCB552, JCB552 prior to JCB553, etc.
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