BMI702 - Inventory Management and Production

Outline information
Semester
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Last revision date Sep 14, 2020 10:44:17 AM
Last review date Sep 14, 2020 10:44:17 AM

Subject Title
Inventory Management and Production

Subject Description
This course provides a foundation in Production Processes and Systems with an emphasis on the organizational and management principles that impact on the manufacturing and international flow of products through a global corporation.  As such, students will learn the management options and set of disciplines that are used by organizations to design, develop, deploy and use production systems that effectively deliver strategic objectives.  Students will also learn about the processes involved in bringing a product to market from design to manufacturing and distribution in a sustainable and efficient manner.  Lastly, they will apply the conceptual processes learned to a simulated company which is run under the SAP ERP system hence, they will bridge the gap between the fundamentals of how production operates (processes) and the tools that businesses use to accomplish their task (SAP ERP).

Credit Status
One degree level credit.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

  1. Describe and discuss the impact of strategic management decisions on production processes, global production decisions and product design.  Explain product design cycle and its effect in business sustainability.
  2. Evaluate and recommend how to improve the efficiency of an organization by applying the principles of lean manufacturing.
  3. Detail how aggregate planning differs from both long-range and short-range planning.
  4. Distinguish between different capacity and production planning methods and evaluate their suitability to specific organizational needs.
  5. Explain the purposes of a firm maintaining inventory, as well as the associated costs.
  6. Differentiate between independent and dependent demand.
  7. Apply Enterprise Resource Planning (ERP) to plan, schedule and control production processes.
  8. Describe the functional components of an ERP and their major interrelationship and interdependencies as they relate to Manufacturing.
  9. Demonstrate using examples and explaon the differences between forward and backward scheduling, bottleneck scheduling and Kanban scheduling in the context of various production processes and production modes.
  10. Assess the tools and techniques of shop floor control and make a recommendation appropriate to the firm' needs when given a brief description of various companies' objectives, current situation and other available systems.

Academic Integrity
Seneca upholds a learning community that values academic integrity, honesty, fairness, trust, respect, responsibility and courage. These values enhance Seneca's commitment to deliver high-quality education and teaching excellence, while supporting a positive learning environment. Ensure that you are aware of Seneca's Academic Integrity Policy which can be found at: http://www.senecacollege.ca/about/policies/academic-integrity-policy.html Review section 2 of the policy for details regarding approaches to supporting integrity. Section 2.3 and Appendix B of the policy describe various sanctions that can be applied, if there is suspected academic misconduct (e.g., contract cheating, cheating, falsification, impersonation or plagiarism).

Please visit the Academic Integrity website http://open2.senecac.on.ca/sites/academic-integrity/for-students to understand and learn more about how to prepare and submit work so that it supports academic integrity, and to avoid academic misconduct.

Discrimination/Harassment
All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecacollege.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Accessibility Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.