Fundamentals of Operations

Learn how to design, analyze, and improve operational systems that drive performance guided by Ivey faculty David Wood.

Price

$690.00 CAD $640.00 CAD

Fundamentals Of Operations

date icon Start anytime
clock icon 10 hours
locationicon Online Self-Paced

Start anytime

Learning Method

Self-Paced

Duration

10 hours

Price

$690.00 CAD
$640.00 CAD

Operations is the engine of business. From manufacturing and logistics to service delivery and supply chains, operations management determines how effectively organizations turn inputs into outcomes.

In this self-paced course, Ivey faculty David Wood introduce the core principles of operations through practical frameworks and real-world examples. You’ll learn how to map processes, measure capacity, manage inventory, and assess variability. You’ll also explore quality management tools and supply chain strategies that help organizations compete and grow.

This course is ideal for professionals who want to strengthen their operational fluency, improve decision-making, and apply systems thinking to complex business challenges.

Learning Outcomes

By the end of this course, you will be able to:

  • Map and analyze operational processes, including capacity, inventory, and bottlenecks
  • Apply tools to manage variability and improve throughput
  • Use quality frameworks to assess and improve performance
  • Evaluate supply chain strategies and make informed sourcing decisions
  • Align operations strategy with customer needs and business goals

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This self-paced course includes approximately 10 hours of content, designed to be completed within a 90-day window. You’ll progress through interactive modules, complete knowledge checks, and receive instant feedback through our AI-first Learning Management System.

Course Roadmap

Module 1: Capacity, Inventory, and Variability

Learn how to map operational processes, measure capacity, and manage inventory. Explore the impact of variability on throughput and apply these concepts.

Module 2: Quality Management

Discover how quality influences customer satisfaction and competitive advantage. Apply tools like Kaizen, Ishikawa diagrams, and SPC to real-world cases.

Module 3: Supply Chain Management and Operations Strategy

Understand how supply chains create value and how operations strategy supports business goals. Explore make-or-buy decisions, total cost of ownership, and how to match operational capabilities with market needs.

Dates & Fees

Start anytime

Duration: ~10 hours (self-paced)

Access: 90 days from enrollment

Tuition: $690 CAD

Certificate: Digital credential upon completion

No prerequisites required. Enroll anytime and learn at your own pace.

This course is part of Ivey Essentials bundle. Complete all six to earn a certificate in foundational business skills.

This course is designed for professionals who want to strengthen their operational knowledge and apply it to business decisions. No prior operations experience is required.

Ideal participants include:

  • Product managers and operations leads responsible for scaling delivery and improving throughput
  • Professionals in service industries seeking to optimize workflows and manage variability
  • Professionals preparing for an MBA or executive program
  • Entrepreneurs building operational infrastructure to support growth and customer satisfaction

David Wood

Lecturer, Operations Management

David Wood is a member of the faculty group in Operations Management at Ivey as well as a graduate of Ivey’s HBA and MBA programs. He has spent many years in the private sector as a Director of Sales & Marketing in the United States and VP, Manufacturing before becoming President of W. C. Wood Company, a global manufacturer of home appliances. David has had extensive experience in international business, mergers and acquisitions, and currently sits on several corporate boards. He has also worked as a consultant to medium and large corporations in strategic planning and operational restructuring.

David's interests are devoted to developing operational processes in a broad range of industries, applying strategy to logistics and supply chain management, and establishing operations management as a fundamental tool for business excellence.

David Wood

Courses

Start anytime. Complete at your own pace.

Length Learning Method Tuition Fees
10 hours Online Self-Paced $690.00 CAD
$640.00 CAD

Enrollment and Payment FAQs

How do I enroll in the course? plus small icon minus small icon

Click “Enroll Now” on the course page and follow the prompts to complete your registration.

What payment methods do you accept? plus small icon minus small icon

We accept major credit cards. You’ll be prompted to select your preferred method during checkout.

Can my employer pay for the course? plus small icon minus small icon

Yes. You can forward the payment link or invoice to your employer, or contact us for assistance with corporate enrollment.

What is your refund or cancellation policy? plus small icon minus small icon
  1. For Cohort programs - 30 Days Before Program Start
    • Cancellation: You will receive a full refund of the program fee.
    • Transfer to a Later Date: No fees apply.
  2. Less than 30 Days Before Program Start
    • Cancellation: Incurs a 25% cancellation fee.
    • Transfer to a Later Date: Incurs a 15% transfer fee.
  3. Compassionate exceptions: Fees may be waived on compassionate grounds, please contract (Operations email).
  4. Unredeemed transfers: If not used within 12 months, the full program fee is forfeited.
Can I purchase for another person? plus small icon minus small icon

No, the purchaser and the person taking the course must match to ensure the digital credential is given to the correct person.

Can I purchase for a group? plus small icon minus small icon

Yes, please contact (Operations email) and they will set up a group invoice.

Certification and Credentials

Do I receive a certificate upon course completion? plus small icon minus small icon

Yes. You’ll receive a digital certificate from Ivey Business School upon successful completion of the course.

Are the certificates recognized by employers? plus small icon minus small icon

Ivey’s certificates are widely respected and can be added to your LinkedIn profile or resume.

How do I verify my certificate? plus small icon minus small icon

Upon completion, you’ll receive a secure digital credential directly to your email, that can be shared and verified online.

Self-Paced Course Structure and Experience

How is the course structured? plus small icon minus small icon

This is a self-paced, asynchronous course with interactive modules, quizzes, and AI-powered feedback.

How long do I have access to the course materials? plus small icon minus small icon

You’ll have access for 90 days from the date of purchase.

What is the expected time commitment? plus small icon minus small icon

Approximately 10 hours in total. You can complete it at your own pace over the course of 90 days.

Do I need to complete assignments or exams? plus small icon minus small icon

There are no formal exams. You’ll complete quizzes and knowledge checks with unlimited attempts.

Can I interact with instructors or other students? plus small icon minus small icon

This course is self-directed and does not include instructor-led live sessions. You may interact with other students through online activities.