Module Purpose
On completion of this module, learners will be able to understand the concepts of operations management that link to the efficiency and effectiveness of the supply chain and explain plans, designs, processes and systems for the improved control or improvement of supply chain operations.
Module Aim
In order to ensure success an organisation must create and adopt processes that ensure the consistent production of products and/or services that meet customer demand, both in terms of quantity and quality. This is the responsibility of those who manage the supply chain operations function. This module is designed to enable those involved in procurement and supply to assess techniques that are aimed at improving supply chain operations to the overall benefit of the organisation.
Certified Inventory Optimization Professional
CIOP is a global supply chain management and inventory management certification program exclusively developed for corporations to optimize the inventory in their supply chain. CIOP teaches the global best practices in 30 modules over 90 hours of live, faculty-led, online training. It is founded on Inventory Management Body of Knowledge (IMBoK) version 3.0. CIOP is a comprehensive program includes training, reference material, Learning Management and Assessment System (LMAS), examination and certificate.
The LMAS contains classroom presentations, classroom notes, video lessons, audio lessons, quizzes, reference materials, terminologies and articles recommended by faculty.
The CIOP Examination is 3 hours, online, proctored examination with 180 multiple-choice questions. The participant needs to secure 70% of the maximum score (360 marks) to pass in the examination.
You can learn more about the CIOP certification in the below links:
CIOP Website: https://pages.fhyzics.net/ciop
Faculty Profile: https://pages.fhyzics.net/principal-consultant
Click here to request quote for the CIOP certification program.
Fhyzics Business Consultants is an Approved Study Centre of Chartered Institute of Procurement and Supply (CIPS), UK and offering all the modules under Level-2, Level-3, Level-4, Level-5, and Level-6. During this current COVID-19 pandemic, the classes are offered in distance and self-study modes. For more questions related to our CIPS programs, please speak to our Manager-Certifications at +91-900-304-9000 or email at certifications@fhyzics.net.
Online, Instructor-Led Training Program on Operations Management [L5M9] Module of Advanced Diploma in Procurement and Supply, CIPS, UK
Mode of Delivery: Online
Mode of Teaching: Using the Presentation Deck from CIPS, UK
Duration: 3 Hours
Faculty: Venkadesh Narayanan, CIPS Recognized Instructor
Reference Material: L5M9 Study Guide
Level-5: Advance Diploma in Procurement and Supply
Operations Management - LEARNING OUTCOMES
1.0 Understand the concept and scope of operations management
1.1 Analyse the role and activities of operations management in organisations
• Definitions of operations and operations management
• The extent of operations management in organisations
• Operations management in different types of organisations
1.2 Critically assess the objectives and strategies of operations management
• From implementing to supporting to driving strategy
• The stages of development of operations strategy
• The performance objectives of operations management (quality, speed, dependability, flexibility and cost)
• Top down and bottom up perspectives of operations strategy
• Order qualifying and order winning objectives of operations management
1.3 Evaluate operations management processes
• The input transformation -output’ model of operations management
• The dimensions of operations processes (volume, variety, variation and visibility)
• The activities of operations processes
1.4 Analyse the application of operations management across supply chains
• Operations management in manufacturing, services, retail, construction, and public sector supply chains
• The impact of operations management on global sourcing
• Examples of operations management in different supply chains
2.0 Understand improvement methodologies that can be applied in operations management
2.1 Analyse tools for improving performance in operations management
• The use of performance measurement in operations management
• Setting performance targets
• Benchmarking in improving operations management
• Building continuous improvement
• The use of business process re-engineering
2.2 Explain techniques in failure prevention and recovery that can be applied in operations management
• Measuring failure and the impact of failure
• Mechanisms to detect failure
• Failure mode and effect analysis
• Improving process reliability
• Maintenance and approaches to maintenance
• Failure distributions
• Business continuity
2.3 Evaluate the role of total quality management in operations management
• Approaches to total quality management
• The differences between total quality and quality assurance
• The work of pioneers of total quality management (such as Deming, Juran)
2.4 Analyse techniques for quality improvement that can be applied in operations management
• Diagnosing quality problems
• The use of statistical process control
• Variation in process quality
• The Taguchi loss function
• Poka yoke
• The Six Sigma approach to quality improvement
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