Registration at: https://www4.gotomeeting.com/
Webinar attendees will learn concepts used by global leaders to transform supply chains. Focusing on execution without the disastrous effects of forecast errors, Smith will explore why MRP and DRP (Distribution Resource Planning) fail to satisfy needs in today’s complex markets.
Chad Smith, Partner & Program Director of Demand Driven Institute will lead the webinar. Smith who authored Orlicky's Materials Requirements Planning and is one of the chief architects of the DDMRP (Demand Driven MRP) methodology, will discuss the following at the event:
· Strategic lead time compression for maximum market impact
· Improve inventory velocity and system flow
· End to end visibility and priority alignment
· Significantly reduce or eliminate expedite related expenses
Smith suggested, “The conventional planning rules and tools that have been in place for over 40 years are breaking down in the face of growing supply chain complexity and volatility. As a result inventories have ballooned, services have degraded, and expedited related expenses have skyrocketed. Most supply chain personnel know about these difficulties but are caught in a huge dilemma between working within the system and working outside the system.”
Smith will be joined by Narayan Laksham, CEO of Ultriva, who will focus on how consumption based replenishment complements the DDMRP methodologies. A real life deployment will be discussed as well.
Ultriva’s (www.ultriva.com) cloud-based platform leverages and seamlessly integrates with leading ERP and MRP systems, to deliver an end to end pull based replenishment solution. Ultriva, based in Cupertino, CA, implements a global demand driven manufacturing model by providing full visibility, scheduling, and sequencing of production of customer orders. Ultriva was named one of the Great Supply Chain Projects of 2014 by Supply & Demand Chain Executive magazine. The company’s global footprint is increasing rapidly with implementations in wide variety of industry sectors and enterprises such as Magellan Aerospace, CareFusion, Emerson, Ingersoll Rand, McKesson, Triumph Group, Regal Beloit, Thermo Fisher and more. Follow Ultriva on Twitter at @Ultriva.