Summer 2023  |  SCO 6085 Section 055: Sales, Inventory, and Operations Planning (82952)

Instructor(s)
Class Component:
Lecture
Credits:
2 Credits
Grading Basis:
A-F only
Instructor Consent:
No Special Consent Required
Instruction Mode:
Partially Online
Class Attributes:
Online Course
Enrollment Requirements:
MS Supply Chain or MBA or Mgmt Sci student and (SCO 6285 or MBA 6221)
Times and Locations:
Extended May Session
 
05/13/2023
Sat 08:00AM - 12:00PM
UMTC, West Bank
Carlson School of Management 1-132
 
05/20/2023
Sat 08:00AM - 12:00PM
UMTC, West Bank
Carlson School of Management 2-206
 
06/03/2023
Sat 08:00AM - 12:00PM
UMTC, West Bank
Carlson School of Management 2-206
 
05/13/2023 - 06/03/2023
UMTC, West Bank
Enrollment Status:
Open (33 of 48 seats filled)
Also Offered:
Course Catalog Description:
Sales, Inventory, and Operations Planning (SI&OP) is an important business process for any firm and can provide significant payoffs through achieving a balance between supply and demand. Using analytical tools and field data, SI&OP links a company's strategic goals at the high level with its production at the tactical level while coordinating different business elements including manufacturing, finance, operations, sales, marketing, HR, etc. The output of an SI&OP process serves as guidance for various production functions such as the master production schedule (MPS) as well as material requirements planning. SI&OP focuses on getting the big picture right via balancing demand and supply at the product family level. This 2-credit course is designed (1) to provide an overview of the entire SI&OP process, (2) to introduce the crucial inputs (i.e., forecasting and inventory management) to SI&OP, (3) to explain how the output of SI&OP (i.e., aggregate plan) is used as a guidance for planning production and material procurement, and (4) to expose students to several analytical tools used for the SI&OP process. To achieve these goals, the course covers a range of topics including forecasting, inventory management, aggregate planning, master production scheduling, and material requirements planning.
Class Notes:
Meets in person on the following Saturdays, 8:00-12:00 on 5/13, 5/20, and 6/3 and also asynchronously
Class Description:
Student may contact the instructor or department for information.
Textbooks:
https://bookstores.umn.edu/course-lookup/82952/1235

ClassInfo Links - Summer 2023 Supply Chain and Operations Classes

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