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SOM 464 Manufacturing Resource Planning

SOM 464 Manufacturing Resource Planning. Instructor: Richard Gunther Hours: 11 am - 12 noon MW, 6 pm - 7 pm M Office: JH4149 E-mail: richard.gunther@csun.edu Web: http://www.csun.edu/~vcmgt0j6. SOM 464: Manufacturing Resource Planning.

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SOM 464 Manufacturing Resource Planning

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  1. SOM 464Manufacturing Resource Planning Instructor: Richard Gunther Hours: 11 am - 12 noon MW, 6 pm - 7 pm M Office: JH4149 E-mail: richard.gunther@csun.edu Web: http://www.csun.edu/~vcmgt0j6

  2. SOM 464: Manufacturing Resource Planning • Study of the efficient allocation of resources (material, equipment, people, money) in manufacturing and some service operations • How many items should be ordered or made at a given time? • Who is assigned which job? • How do jobs flow through the firm? • How is inventory maintained?

  3. Manufacturing Resource Planning: Flow of Materials • Raw Materials Flow into Manufacturing/Service Company. • Finished Goods/Services Distributed to End Customers. • Supply Chain Management (SCM) is the Study of this Linked Chain of Activities. • Manufacturing Resource Planning (or Materials Management) is the Study of the Planning and Materials Flow.

  4. Manufacturing Resource Planning: Flow of Materials • Supply Chain Diagram: Supplier  Manufacturer  Distribution  Customer System

  5. Tuffy Teddy Bear Case • Case introduces you to course material. Case involves production planning, inventory, and forecasting. • Class will be divided into teams of 3 to 4. • Read case for next week. • Teams can meet in before next week to plan strategy. • Next week teams will get a chance to test their strategy.

  6. Tuffy Teddy Bear Case • Objective: Minimize costs of inventory holding (storage) but avoid running out of stock. • Team with minimum cost wins. • Cost results not graded. • Good luck!

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