Professor Vincenzo Nicolò

Prof. Vincenzo Nicolò holds a degree of Doctor of Electronic Engineering from the University of Rome and currently is an advisor in the areas of Management of R&D, Technological Development, Supply Chain Management and Manufacturing. His advice has been sought by diverse industrial and governmental organizations throughout Europe. Currently he is supporting the Directorate General Research of the EU Commission in a variety of roles. Prof. Nicolò has a long industrial background mainly in the areas of Research, Development and Innovation. In the nineties, he has been the Group Innovation Director at Mandelli S.p.A., at the time a leading company in Machine Tools. Previously he has been the Managing Director of Innovare S.p.A., - a technology transfer company located in the South of Italy -, the Manufacturing Innovation Responsible at Fiat Auto S.p.A., the Director of Planning at Fiat Research Centre S.c.p.a,. where, he had previously been the Head of Technology Department and the Responsible of Productive System Research. He has also been with Olivetti Numerical Control Division in the early seventies, and with the Centro Sperimentale Metallurgico, as a researcher in the area of process automation in the late sixties. Prof. Vincenzo Nicolò has qualified as Associated Professor of Mechanical Technologies. As a member of the academic community, he has held courses in Industrial Plant Management, at the University of Parma, and in Quality Assurance, Availability and Maintenance, at the Polytechnic of Milan. He has also lectured in many schools of management. In 1975 he was one of the founders of the Italian Robotics Society (SIRI) becoming its first Secretary General. From 1983 to 1994 he was Director of one of the two chapters of the National Research Council Special Project on Mechanical Technologies. Currently, he is the Chairman of the Technical Board of UCIMU, the Italian Association of the Machine Tool builders.

MODULE - Supply Chain and Production Planning and Control.


Production in a wide sense encompasses all the material and immaterial processes that are concretely needed to create value. Productive processes transform inputs into outputs using technology. The value added is determined by the difference between the perceived value of the produced outputs and the perceived values of the consumed inputs. The maximization of the added value is sought organising the productive processes according with the capabilities of the available technologies. The technological innovation and the rapidly changing perception of "values" throughout the world has made productive systems evolve from craftsmanship to Taylor’s mass production and further to the to-day worldwide networked production of extended enterprises. Production management involves efficient and effective planning and control of these systems.

Short description

The course will focus on "concepts" to reach a comprehensive understanding of the characteristics of various types of production systems, identification of the dynamics of the different phases of the management process, realizing the potential of different analytical tools, learning the nuances of the implementation of these tools, visualizing the impact of various uncertain situations and developing the ability to react under various scenarios to achieve consistently excellent business results.

Course Structure

Introduction to Production. Defining production activity. Value and costs. Added value. Economy of scale and economy of scope. Products vs. services. Sources of variability. Strategies to face variability. Productive transformations. Enterprise Processes. Nature of the inputs and outputs. Production cycles. Product/service life cycle. Logistic cycle: the internal logistic. The stock management. Material and information flows. The internal logistic as a part of the Supply Chain. Networked production. Investments life cycle: lean and agile production. Introduction to Production Planning and Control. Production lead time vs. market lead time. Different modalities for launching the production. "Push" systems vs. "pull" systems. Demand forecasting and planning. The source of data. Basic algorithm. The planning process. Production Planning. Strategic Production Planning. Productive information Data Base. MPS - Master Production Schedule Dependent vs. independent demand MRP Material Requirement Planning. Safety lead times and safety stocks. Capacity Planning. PAC (Production Activity Control) Theory of constraints. Supply Chain Planning and Control (SPC&C) Supply Chain Management models. Processes involved in SPC&C. New developments. Enterprise Resource Planning (ERP). Advanced Planning Systems (APS). The Extended Enterprise. Measurement of the performances. The rationale behind measuring. Limits of financial and administrative measures. Key Performances Indexes (KPI).