It’s hard to pass up a good deal from one of your preferred suppliers. But when the inventory piles up in your warehouse because you don’t have the other materials you need to manufacture your products? That good deal starts to seem less attractive. Frustrated by inventory inefficiencies, supply chain leaders at Ukrainian pet food … Read more
Preparing for a software implementation or a supply chain enhancement project can be a long process. You research and select potential software, draw up project timelines, name project champions, and solicit project and budget approvals, to name just a few highlights. At the end of this, you are ready to turn this over to the … Read more
The pandemic dealt an unprecedented blow to global supply chains, with virtually all business leaders reporting disruptions to their strategic sourcing and supplier management processes. Yet some companies found ways to mitigate the impact to their operations. In Demand Driven Technology’s Pandemic Planning series, we take a look at their stories—and how they leveraged DDMRP to adjust to a changing landscape. More … Read more
Production and inventory planners are critical to today’s companies, helping maximize resources and boost productivity throughout the manufacturing process. Their work affects a number of other departments, from warehouses and production facilities to finance, sales, and logistics. What do planners do all day? The results of a planner’s work are visible in the form of … Read more
DDMRP implementation has long been the domain of experimentation, pilots and deployments of limited scope. With a few exceptions, small and medium-sized enterprises, with faster decision-making processes, were the first a few years ago to adopt the methodology, as well as isolated sites of larger companies. Over the past two to three years, a new … Read more
“I understand that we should replenish our points of sale with DDMRP for permanent products, but can you also do it for promotional products?” Our client asked us.
A year later, after multiple simulations based on sales history, and the implementation of a dozen promotional campaigns, the demonstration is there: it works very well, but the model needs to be adapted.
If you flip a coin, you have a 50/50 chance of winning. As long as the coin is evenly weighted and the coin flipper isn’t playing a trick on you, it’s going to come up heads or tails a roughly even number of times. There may be situations where it comes up one or the other more frequently, but those are outliers that even out the more times you flip the coin.
This period of health crisis has paradoxical effects on the progress of DDMRP implementation projects. Some corporations are putting all improvement / transformation projects on hold: expenses must be cut.
In my last post, I talked briefly about the benefits of being demand driven using Demand Driven Material Requirements Planning (DDMRP): lower inventory levels and increased service levels.
You may be thinking, “Yeah, Ivan, that all sounds good, but isn’t that what other methodologies like Lean Manufacturing were supposed to do? What’s the difference here?”
If so, you’d be right. DDMRP exploits some of the principles found in other methodologies, but it also modifies them and arranges them into a consistent, organized, and easily executable process. The first key principle, and the one that separates DDMRP from many other approaches, is that of decoupling stock buffers.
Q&A with Brad Mitchler, VP of Channels and Product Management It is one thing to read about the benefits that Replenishment+® NetSuite (NS) brings to your supply chain management operation, but it is an entirely other thing to hear it from an expert in the field. Here we interview Brad Mitchler, VP of Channels and … Read more
