Join APICS Tampa Bay for our December Virtual PDM with presenter John Melbye, President of APICS Twin Cities.
Material Requirements Planning (MRP) is widely used, but the assumptions made by traditional MRP are struggling in the ever-changing world in which we find ourselves. We have invented “work-arounds” so that we can have a small chance of success, but these work-arounds are less successful than before and we’re running out of band-aids and duct tape.
Demand-Driven MRP is really the next evolution of MRP. Four innovations combining MRP with Lean, Six Sigma, and the Theory of Constraints, create a system that does work in today’s VUCA (volatile, uncertain, complex, and ambiguous) world. You do not need to struggle with variability and inaccurate forecasts. Mitigating the bullwhip effect is possible- and the solution is closer than you think.