In today’s competitive market landscape where volatility is the “new normal,” supply chain performance plays a critical role in manufacturing success. Leading manufacturing companies understand that how effectively they manage their supply chain and order management processes directly impacts their business outcomes. However, optimizing supply chain performance can be especially tricky in an environment of multi-tier, global supply chains.
Enter the next evolution of MRP and Lean Manufacturing—Demand Driven Materials Requirements Planning (DDMRP). DDMRP is a relatively new demand and supply planning and execution methodology. It was developed in order to mitigate the effects of variability and volatility on manufacturing operations and supply chains—while keeping inventory strategically streamlined and costs at a minimum.
SYSPRO Canada has developed the following infographic to illustrate how DDMRP can help optimize supply chain performance for manufacturing companies.
For more insights on how DDMRP can bring order to a volatile, complex and service-oriented supply chain, read our NEW complimentary White Paper: Developing a Demand Driven Supply Chain Strategy—An Informational Guide for Manufacturing Leaders.