Welcome to the “Material Requirements Planning” lesson, which details how MRP planning systems fit into and accelerate the procurement process. This lesson is the fourth of five in the “Procurement Basics” course, which explores how procurement should meet the needs of the business and the processes that surround production and inventory planning. After viewing this lesson, learners will know which issues an MRP system helps businesses avoid and how the process works.
Overview
COURSE DIFFICULTY
COURSE DURATION
6m
Skills Learned
After completing this online training course, students will be able to:
Understand the Fundamentals of Material Requirements Planning
Identify Key Procurement Processes and Strategies
Analyze Inventory Levels and Demand Forecasting
Implement Best Practices in Supplier Management
Evaluate the Impact of Procurement Decisions on Supply Chain Efficiency
Procurement Professionals, Supply Chain Managers, Inventory Analysts, Business Students, Operations Managers
Basic Understanding of Supply Chain Concepts
01. Introduction to Material Requirements Planning
02. Key Components of Procurement Processes
03. Demand Forecasting Techniques
04. Inventory Management Strategies
05. Supplier Relationship Management
SKILLS LEARNED
Skills Learned
After completing this online training course, students will be able to:
Understand the Fundamentals of Material Requirements Planning
Identify Key Procurement Processes and Strategies
Analyze Inventory Levels and Demand Forecasting
Implement Best Practices in Supplier Management
Evaluate the Impact of Procurement Decisions on Supply Chain Efficiency
WHO SHOULD ATTEND
Procurement Professionals, Supply Chain Managers, Inventory Analysts, Business Students, Operations Managers
PREREQUISITES
Basic Understanding of Supply Chain Concepts
COURSE OUTLINE
01. Introduction to Material Requirements Planning
02. Key Components of Procurement Processes
03. Demand Forecasting Techniques
04. Inventory Management Strategies
05. Supplier Relationship Management
