Product Planning and Control

Course Duration: 2-3 Days (Adjustable based on depth of content and audience level)

Target Audience:

• Product Managers
• Production Planners
• Supply Chain Professionals
• Operations Managers
• Business Analysts
• Entrepreneurs

Course Objectives

By the end of this training, participants will be able to:

1. Understand the fundamental principles of product planning and control.
2. Develop strategic product roadmaps and align them with business goals.
3. Utilize demand forecasting techniques for effective production planning.
4. Implement capacity planning to optimize resources.
5. Apply inventory management strategies to balance cost and availability.
6. Learn scheduling techniques to enhance production efficiency.
7. Understand modern tools and technologies used in product planning and control.
8. Analyze and mitigate risks in production and supply chain operations.

Learning Outcomes

After completing this course, participants will:
✅ Be able to design and manage a product planning process efficiently.
✅ Apply forecasting methods to predict market demand accurately.
✅ Optimize production scheduling and resource allocation.
✅ Implement cost-effective inventory control strategies.
✅ Utilize software tools for effective product planning and control.
✅ Improve coordination between departments to enhance productivity.

Course Outline

Module 1: Introduction to Product Planning and Control

• Definition and Importance
• Key Concepts in Product Lifecycle Management
• Role of Product Planning in Business Success

Module 2: Demand Forecasting and Market Analysis

• Types of Forecasting Techniques
• Data Analysis for Demand Planning
• Handling Demand Variability

Module 3: Capacity Planning and Resource Management

• Understanding Capacity Planning Models
• Workforce and Machine Scheduling
• Bottleneck Identification and Resolution

Module 4: Inventory Management in Product Planning

• Economic Order Quantity (EOQ)
• Just-In-Time (JIT) vs. Safety Stock
• Inventory Control Techniques (ABC Analysis, VMI, etc.)

Module 5: Production Scheduling and Workflow Optimization

• Master Production Scheduling (MPS)
• Lean Manufacturing and Agile Production Techniques
• Tools for Production Scheduling

Module 6: Risk Management in Product Planning

• Identifying Risks in Production and Supply Chain
• Mitigation Strategies and Contingency Planning
• Case Studies on Production Failures and Lessons Learned

Module 7: Modern Tools and Technologies in Product Planning

• ERP and MRP Systems
• AI and Data Analytics in Planning
• Digital Twins and Industry 4.0 Integration

Module 8: Case Studies and Best Practices

• Real-World Applications of Product Planning
• Success Stories and Key Takeaways
• Hands-on Simulation Exercises

Training Methodology

✔ Instructor-Led Sessions – Interactive lectures with industry experts
✔ Case Studies & Group Discussions – Real-world applications and brainstorming
✔ Hands-on Exercises – Practical problem-solving activities
✔ Simulation Games – Role-playing in planning scenarios
✔ Q&A and Wrap-Up – Addressing participant queries and summarizing key takeaways