A forecasting and scheduling module for procurement practitioners is essential as it provides them with the knowledge and skills necessary to optimize the procurement process, reduce costs, mitigate risks, and make informed decisions. Accurate forecasting and efficient scheduling are critical components of procurement, and by completing the module, practitioners can gain expertise in analyzing procurement data, identifying appropriate forecasting and scheduling techniques, and improving their critical thinking and problem-solving skills to address procurement challenges. Ultimately, the module enables procurement practitioners to make strategic decisions that align with organizational goals and objectives

Introduce and define MRP. Explode Bills of Material (BOM) and perform MRP calculations. Manage the priority plan. Introduce Capacity Management and focus especially on the supply-side counterpart of MRP: CRP. Identify purchasing participants and explore the purchasing process.

On successful completion of this module, students will be able to: 1. Demonstrate an understanding of the principles and best practices of forecasting and scheduling in procurement. 2. Develop the ability to analyse procurement data to create accurate forecasts and schedules. 3. Identify and implement appropriate forecasting and scheduling techniques and tools. 4. Explain how to evaluate and improve the accuracy and effectiveness of procurement forecasts and schedules. 5. Apply critical thinking and problem-solving skills to address procurement challenges. 6. Describe the role and operation of MRP and MPS in operational planning. Explode an end-item BOM to identify gross requirements and calculate how to fulfil orders based on end-item due dates. Manage the priority plan as requirements change.

On successful completion of this module, students will be able to: 7. Support increased motivation and engagement in the procurement process by improving forecasting and scheduling skills. 8. Display greater self-confidence in creating and managing procurement forecasts and schedules. 9. Show enhanced teamwork and communication skills in their collaborations with colleagues and stakeholders in the procurement process. 10. Display improved adaptability and flexibility to adjust forecasts and schedules in response to changing procurement needs and circumstances.

On successful completion of this module, students will be able to:

Learners will attend on-line lectures over consecutive weeks. Off-campus study is supported with guided reading and online content on the University's VLE. While based on essential academic theories, concepts, and techniques, there will also be significant focus afforded to individual personal development coupled with the practical application of learning within the workplace. Fulfilling UL Graduate Attributes: Curious: Problem-solver, critical, knowledgeable, inquisitive, imaginative Agile: Open-minded, independent, adaptive, flexible, responsive in actions Courageous: tenacious, resilient, robust, transformative, enterprising, innovative Responsible: personally, socially, professionally, sustainably, and ethically responsible Articulate: strong inter- and intra-personal skills, empathetic, collaborative