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Prepare for the Future: A Demand-Driven Supply Chain (TNS518A)

Presented by: Carol Ptak
 
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Pre Recorded Webinar
60 minutes
  •  Wed, May 2, 2018
Event Description

Ride Volatility with Demand-Driven MRP

At the heart of most supply chains lies a planning tool called Material Requirements Planning (MRP).  Invented in the 1950s, codified in the 1960s, and commercialized in the 1970s, MRP became the way of life for supply order generation and synchronization.  What used to take teams of people weeks to plan could be done overnight with incredible precision.  As products and supply chains became more complex this tool seemed more valuable than ever, and its potential seemed limitless. But wait …

What if there is one fatal flaw in MRP that makes it completely incapable of conveying relevant information?  And what if correcting this flaw means you can harness the full promise of MRP?

Learn all you need to know about the potential solution: Demand Driven Material Requirements Planning (DDMRP), a formal multi-echelon planning method designed to promote the flow of relevant information. In this webinar, supply chain expert Carol Ptak will discuss how DDMRP can overcome the flaws of traditional MRP to create a demand-driven supply chain.

DDMRP combines the still-relevant aspects of MRP and Distribution Requirements Planning (DRP) with the pull and visibility emphases found in Lean and the Theory of Constraints and the variability reduction emphasis of Six Sigma.  DDMRP successfully blends all these elements to create a fundamentally different approach, one that can help you sense changes in customer demand, adapt planning and production accordingly, and pull from suppliers—all in real time.

After attending this session, you will understand why the current rules and tools cannot effectively manage the volatility, variability, and uncertainty of today’s supply chain.  And you will know how to make the required changes to survive and thrive in today’s supply chain world—with help from DDMRP.

Session Highlights

In this session, you will learn:

  • Why current rules and tools can’t work in a volatile supply chain
  • Why real time computing will only make the current volatility worse
  • What new thoughtware is required to enable the future success of your supply chain
  • How your company can start to make that change

Who Should Attend

  • Supply chain managers
  • Production control managers
  • Operations managers
About Our Speaker(s)

Carol Ptak
Carol Ptak is currently a partner with the Demand Driven Institute and was most recently at Pacific Lutheran University as visiting professor and Distinguished Executive in Residence. She served as vice president and global industry executive for manufacturing and distribution industries at PeopleSoft, where she develo... More info

 
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    Subject: You might be interested in this event from AudioSolutionz
    Event Title: Prepare for the Future: A Demand-Driven Supply Chain
    Presenter(s): Carol Ptak

 
 
 
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