This video focuses on the buffer level management of Demand Driven Material Requirements Planning. Additional information and theoretical and practical examples on Demand Driven Material Requirements planning can be found at the Demand Driven Institute. Benefits of Demand Driven Material Requirements Planning to include:
- First, you will Stabilize the production environment by avoiding the bull-whip effect, avoiding missing parts and incomplete orders.
- Second, you can Compress lead times in production by using strategically placed and adaptive inventory buffers.
- Third, you will Synchronize inventory with demand, avoid obsolete inventory while maintaining a high product availability for your customers.