Demand Driven Planning Workshop (Operational Excellence TSC)30 November 2017
The DCC hosted a workshop that focused on an innovative formal planning methodology which aligned resources, working capital, and supply chain planning and execution to actual demand, facilitated by supply chain expert, Ken Titmuss.
Traditional material planning and control systems in which detailed forecasts are used to procure required materials and push manufacturing orders through the production and distribution systems are causing enormous amounts of friction within, and between manufacturers, in an ever increasingly complex and volatile supply chain.
The Demand Driven Material Requirements Planning (MRP) methodology presented an innovative and intuitive approach, which fundamentally minimises compromises whilst dramatically augmenting the effectiveness of a company’s planning systems. The five components of Demand Driven MRP are:
- Strategic inventory positioning;
- Buffer profiles and level determination;
- Dynamic buffers;
- Demand driven planning; and
- Collaborative execution
The programme included: