23. DDMRP Series - Becoming Demand Driven and Strategic Inventory Positioning

Guest Name : Ken Titmuss - CEO, Principal Consultant and Educator, Kent Outsourcing Services. Language : English, Publication date:  Nov, 27th. 2019 Ken is the CEO, Principal Consultant and Educator from Kent Outsourcing Services. His expertise mainly in Operations and Supply chain management where he spent many years in this area.  He is also a member of VCARE’s Education and Research Executive Board (EREB), Canada. This is part of DDMRP Series where Ken would be explaining the concept for Becoming Demand Driven and Strategic Inventory Positioning. Connect with guest at: Linkedin - Ken Titmuss, contact him at: [email protected] Key highlighted: The difference between "Push" MRP system and "Pull" lean system. The traditional MRP deficiencies do hurt the flow of information and materials and Lean doesn’t have a complete tool set for complex and volatile supply chains. The demand driven focuses on sensing customer demand and adapting planning and production whilst pulling from suppliers all in real time. A Demand Driven Operating Model’s key parameters. Discuss three aspects in this first component of DDMRP. The essential of Decoupled Lead Time (DLT) in the demand-driven methodology.