Operations Management: Planning and Control

Businesses must carefully balance demand, resources, and costs to stay efficient. Without proper planning, companies risk delays or lost revenue. In this Operations Management: Planning and Control course, you will learn how to manage operations effectively by forecasting demand and maintaining flexibility in uncertain conditions.

You will start with demand forecasting and capacity planning, learning how businesses predict future needs and prepare resources accordingly. You will explore production and workforce scheduling, understanding how businesses assign labor and equipment to optimize efficiency. You will also work with project management tools like Gantt charts and Critical Path Method to plan and track tasks.

Cost control lets you successfully manage your operations. You will examine budgeting techniques and cost analysis methods that businesses use to minimize waste and maintain profitability. You will also explore risk management strategies and learn how businesses identify potential disruptions and develop contingency plans.

By the end, you will know how to align operational plans with business goals, prevent inefficiencies, and adapt to changing demands. These skills will help you keep businesses running smoothly while staying competitive in a fast-changing market.

Learning Objectives:

• Apply demand forecasting and capacity planning strategies
• Develop project schedules using Gantt charts and CPM
• Implement workforce scheduling techniques for efficiency
• Analyze cost control and budgeting methods
• Identify risks and create contingency plans