Have you wondered how DDMRP differs from classical MRP (Material Requirements Planning) and how it can help your business? Maybe you thought that classical MRP indeed was “Demand-Driven”? This video explains the main differences between Demand Driven MRP and MRP and takes you through a practical example of Demand Driven Requirements Planning. DDMRP can help your business by:
- Bring stability to the production environment, avoid managing missing parts and incomplete orders
- Compress lead times in production by strategically placed inventory buffers
- Synchronize inventory with demand