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IIM Nagpur | Post Graduate Certificate Programme in Operations Management (OMP)

Learn to upgrade in contemporary knowledge and skills in the domain of operations management..

Course Snapshot

  • FeeRs 2,25,000
  • Work Experience2 - 30 Years
  • Duration11 months
  • Delivery MethodBlended- Online

Course Detail

Program Overview

The Post Graduate Certificate Program in Operations Management (PGCPOM) is designed for operations professionals to enable them to take tactical and operational decisions in alignment with the organizational strategy. The program unravels key issues relevant for operations managers such as, what should be the operations strategy given a corporate strategy? How to improve process and supply chain performance on various dimensions (Quality, Efficiency, Timeliness, Customizability), How to apply analytics in day to day operations of a firm? How to incentivize various stakeholders in the supply chain for effective alignment? and How to plan and execute projects (such as infrastructure development, IT, R&D, etc.) in an effective manner?

This program will:

● Understand key issues pertaining to Operations Management Recognize the role of Operations Management in ensuring sustainable competitive advantage

● Acknowledge the need for alignment of operations with overall strategy and other functional areas

● Create and apply metrics to track and improve operational performance

● Appreciate advances in OM such as Operations Analytics & Industry 4.0

Who Should Attend

Practitioners in manufacturing, project management, services, or logistics sectors and people aspiring to be a part of these sectors.

Program Highlights

● Capstone Project and Business Simulation

● IIM Nagpur Alumni Status

● 3-day Campus Immersion

● Chamber Consulting by IIM Nagpur Faculty

Desired Candidate Profile

● Diploma (10+2+3) or bachelors degree or equivalent (10+2+3 or 10+2+4) or 2-Year Masters Degree or equivalent from a recognized university (UGC/AICTE/DEC/AIU) in any discipline

● Minimum 2 years of work experience after completion of qualifying education

● Participants who fulfil the above criteria and are not currently working are also eligible to apply

● Final selection will be done by IIM Nagpur

Course Modules

● Module 1: Operations Strategy :

Performance Dimensions, Alignment with the Overall Strategy Alignment of Operations Management with other Functional Areas

● Module 2: Process Flow and Capacity Analysis :

Process Flow Diagram, Bottleneck, Uncertainty Volume Variety, Product Process Matrix

● Module 3: Sourcing and Supply Chain Coordination :

Planning: Aggregate, Materials, Bill of Material, Capacity, Sales and Operations, Master Production Schedule Coordination, Sourcing Issues, Procurement, Supplier Development, Make or Buy Decision Supply Chain Contracts; Simulation Game

Project Analysis :

Feasibility Analysis, Project Financing, Project Contracts

Project Planning and Risk :

Work Break-down Structure, Levelling, Project Simulation, Network Analysis, Critical Chain Approach, Project Risk

● Module 4: Project Execution and Control:

Tracking, Crashing, Earned Value Analysis

Project Strategy :

Portfolio Management, Project Leadership, Management of Change, Role of Communication, Managing Culture, Management of Project Teams

Inventory Management:

Economic Order Quantity, Continuous, Periodic Review, Newsvendor, Channel

● Module 5: Quality Management:

Quality, Dimensions of Quality, Design for Quality, Six Sigma, Design for Six Sigma, Total Quality Management, Total Productive Maintenance Process Control Charts, Capability Value Stream Mapping, Drum-Buffer-Rope, Theory of Constraints

Lean Management :

Lean, Waste, Toyota Production System, Just-in-Time (JIT) JIT Cycle, Single Minute Exchange of Die, Kaizen, Kanban, Lean Six Sigma

● Module 6: Industry 4.0:

Digital transformation, Challenges, Performance Improvement Levels of Industry 4.0, Role of Blockchain, Digital Twin and Additive Manufacturing (3D printing) in Improving Operations and Supply Chain

● Module 7: Operations Analytics:

Descriptive, Correlation, Covariance, Hypothesis Testing, Sample vs Population, Analysis of Variance Predictive, Regression, Forecasting Techniques, Artificial Intelligence/Machine Learning Prescriptive, Linear Programming, Non-linear Programming

● Module 8: Sustainable Operations:

Triple Bottom Line Approach to Sustainability, Green Operations Green Quality, Socially Responsible Operations

● Module 9: Capstone:

Capstone Project