This course is designed for university students, who needs help to grasp fundamental and advanced concepts and techniques for supply chain management, business dynamics simulation, and procurement. I'm a candidate, and it will be my pleasure to help you succeed your studies.
Effective operations management plays a crucial role in the smooth running of any organization. Reducing costs, deadlines, and investments leads to improved service provided to the customer and better financial results. This introductory operations management course equips students with the fundamental tools and techniques needed to analyze and control business operations. At the end of the course, students will be able to: - Describe operations in terms of inputs, processes, flows, outputs, suppliers and customers; - Understand how operations can be used as a competitive tool by companies; - Explain the role of operations strategy in achieving competitive advantage; - Understand why companies are forced to maintain a certain level of stock; - Analyze key elements and costs relating to stock, as well as the relationship between stock and customer service; - Compare periodic and continuous systems, and classify the stock according to the ABC classification system; - Use inventory management methods to calculate the quantities to order as well as the annual cost of inventory management; - Ensure physical and financial monitoring of stock; - Decide on the optimal location of the warehouse; - Size the different areas of the warehouse; - Calculate the workforce needed to manage the warehouse according to basic handling standards.

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