In the 1950's, a planning method was conceived called "Material Requirements Planning (or MRP)." MRP changed the world of manufacturing forever. But times have changed - customer tolerance times are much shorter, product variety and complexity has increased, and supply chains have spread around the world. MRP is dramatically failing in this "New Normal." Demand Driven Material Requirements Planning (DDMRP) is a practical, proven and emerging method for supply chain planning and execution that effectively brings the 1950s concept into the modern era. The founda- tion of DDMRP is based upon the connection between the creation, protection and acceleration of the flow of relevant materials and information to drive return on asset performance.
Using an innovative multi-echelon "Position, Protect and Pull" methodology, DDMRP helpsplan and manage inventories and materials in today's more complex supply scenarios, with attention being paid to ownership, the market, engineering, sales, and the supply base. It enables a company to decouple forecast error from supply order generation, and build in line to actual market require- ments, and promotes better and quicker decisions, and actions at the planning and execution level. DDMRP is already in use by MAJOR Global 1000 companies. This book is THE definitive work on DDMRP, and will be required as courseware for all those taking the Demand Driven Planner(TM) (DDP) Program.

Features

• THE authoritative work on the emerging DDMRP methodology
• Provides a clear, concise and compelling explanation of the breakdown of conventional planning systems in the "New Normal"
• Includes immersive and extensive examples that bring DDMRP to life across multiple industries including vertically integrated supply chains, FMCG, heavy fabrication and assembly, retail and wholesale distribution
• More than 300 graphical figures
• Ptak and Smith are world renowned thought leaders in the fields of MRP, TOC, Quality Improvement, and Supply Chain Management