Operations Management Foundations: Essential Training

BY
Udemy

Have a working knowledge of how businesses function and the ability to manage them effectively.

Lavel

Beginner

Mode

Online

Fees

₹ 2499

Quick Facts

particular details
Medium of instructions English
Mode of learning Self study
Mode of Delivery Video and Text Based

Course overview

The goal of an organisation's operations strategy is to bolster its long-term competitive strategy through well-thought-out policies and plans for utilising its productive resources. There are two main types of metrics used in operations management: efficiency measures and effectiveness measurements. Machine productivity, labour productivity, raw material productivity, and warehouse productivity are all examples of productivity, which is a  common efficiency statistic used to assess production processes. Production planning and control, as well as the reorganisation of manufacturing processes, fall under the purview of operations management, a branch of management. Operations Management Foundations: Essential Training certification is made available by Udemy to candidates who want to learn how businesses must be able to function and run effective operations.

Operations Management Foundations: Essential Training online training includes three hours of video, seven articles, eight downloadable resources, and a digital certificate upon course completion.

Operations Management Foundations: Essential Training online classes consists of operations, key financial statements, good management, manage bottlenecks, goals, managing inventory, LEAN six sigma, excel, and statistics overview

The highlights

  • Full Lifetime Access
  • Three Hours of Video
  • Seven Articles
  • Eight Downloadable Resources
  • Access on Mobile and TV
  • Certificate of Completion

Program offerings

  • Online course
  • Learning resources
  • 30-day money-back guarantee
  • Unlimited access

Course and certificate fees

Fees information
₹ 2,499
certificate availability

Yes

certificate providing authority

Udemy

What you will learn

Operations Management Foundations: Essential Training certification course, the aspirant will be familiar with the inner workings of a firm, accounting, and the interpretation of major financial statements. The participant will learn about lean business practices, lean supply chain management, and how to make a forecast in Excel. The candidate will learn excel inventory management and how to lead a team through a continuous improvement initiative. Students will also learn fundamentals of mathematics, statistics, and excel data visualisation while also gaining an understanding of how to maximise profits, decrease waste, make more effective use of resources, speed up delivery and presenting data in Microsoft excel.

The syllabus

Introduction

  • Introduction
  • How is this course organised?

Getting started with operations

  • Chapter Notes
  • What are operations?
  • What is supply chain management?
  • What is value and why is it important?
  • Relevance of productivity
  • Importance of good management
  • Operations management
  • What is a business process?
  • Chapter Quiz

Introduction to finances

  • Chapter Notes
  • Key financial statements
  • Balance sheet
  • Income statement
  • Interpreting the income statement
  • Cash flow statement
  • Chapter Quiz

Up and running with operations

  • Chapter Notes
  • To manage is to plan
  • Select the production process
  • Reduction of customer flow time
  • Manage bottlenecks
  • Ten principles of supply chain management
  • Chapter Quiz

Bonus #1: Achieving your goals

  • Put things on paper
  • KPIs
  • Making the timeline

Managing inventory basics

  • Chapter Notes
  • What is inventory?
  • Balancing inventory
  • True cost of inventory
  • Forecasting basics
  • Forecasting: how to do it?
  • How to Forecast in Excel 2016 - step by step guide
  • Inventory management
  • Inventory Management in Excel
  • Chapter Quiz

Lean Six Sigma concepts

  • Chapter notes
  • What is lean?
  • Focusing on quality
  • Measures of spread
  • Standard Deviation
  • Brainstorming
  • 5 Whys
  • SWOT analysis
  • Introduction to DMAIC
  • Define phase
  • Measure phase
  • Analyze phase
  • Improve phase
  • PCE and Little's Law
  • Control phase
  • Waste
  • Kaizen
  • How to deal with waste
  • Overcoming problems
  • Chapter Quiz

Bonus Update #2: Up and running with Excel

  • Basic mathematics in Excel
  • Basic statistics in Excel
  • Basic charts and graphs
  • Correlating data
  • What are bar graphs?
  • What are histograms?
  • What are pie charts?

Bonus #3: Statistics overview

  • Introduction to Statistics
  • Analyzing data
  • Collecting data
  • Designing studies
  • Presenting data

Final test

  • Final test

Instructors

Mr Nikola Sretenovic
Engineer
Freelancer

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