Demand Management in Manufacturing
What you'll learn
Demand Management Overview
Role of Demand Management in Manufacturing Planning and Control
Overview of major manufacturing environments
Demand Management interfacing with MPC functions
Information required for Demand Management
Using Forecasting Information for Demand Management
Requirements
No mandatory pre-requisites
Manufacturing and Planning Background adds advantage
Education in any discipline such as Production and Industrial engineering helps
Conversance with any ERP Product like SAP is nice to have
Description
For any business, it is quite important to estimate the demand over a period and work on fulfilling the demand and earn your revenues. In a typical Manufacturing industry, demand management is one important function. Your leadership as well as the middle management works extensively to ensure demand management works to the best extent. Because the inputs from this function drive the rest of activities in your business.1. Demand Management is the gateway function in MPC, providing link to market place, sister plants, warehouses and other important customers. From demand management we get the information from and about the market through activities like forecasting customer demand, order capturing and determining your product requirements.Through this function, company communicates with customers, makes accurate order promise dates and communicate changes if any.It is also concerned with identifying the sources of demand for production capacity, service part demands, intra-company and inter-plant requirements and other needs for Inventory build-up or other needs for pipeline inventory stocking.This course explains the functions of Demand Management in a typical manufacturing industry. You will be first briefed on the context of this course. Demand management function, it's components and positioning in the overall Manufacturing Planning and Control cycle are explained in this section.Before we understand Demand Management, you need to know the most popular manufacturing environments in practice. Hence the next sessions provides an overview of major manufacturing environments such as Make to stock, Make to order etc.In the next section, you will know how Demand management functions interact with other functions within MPC as well as external touch points such as Market and Customer. There is lot of information required before you make any planning. You will go through important aspects of information required for Demand Management. In the next section, you will go through forecast information for Demand Management. You will than know how to use forecast for multiple planning levels within MPC
Who this course is for
Students of Production Engineering , Industrial Engineering or equivalent
ERP (Like SAP, Oracle etc) Product Consultants aspiring to learn Domain knowledge
People from Manufacturing Industry aspiring to know Demand Management
People with aspirations to work in Manufacturing Planning
Aspirants of Certifications in the space of ERP, SCM and Manufacturing (like CSCM, CPIM etc)

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