Description

Book Synopsis

Overview

At the heart of most supply chains lies a planning tool called Material Requirements Planning (MRP). Invented in the 1950s, codifed in the 1960s and commercialized in the 1970s, MRP became THE way of life for supply order generation and synchronization throughout the world. Yet the people that interact with MRP everyday know that something is very wrong. They may not be able to explain exactly why, but they know that if they did exactly what MRP told them to do, it would have disastrous consequences for their company and their career.  

What if there was one fatal flaw in MRP that makes it distort the relevant information that planners, companies, and supply chains are desperately seeking? What if correcting this one fatal flaw would allow the promise of MRP to be attained and the bullwhip to be effectively mitigated? Precisely Wrong: Why Conventional Planning Fails and How to Fix It will expose this fatal flaw and trace it

Table of Contents
Part 1: The Current Planning Challenge - The Objective and History of Planning; How Conventional Planning Works; Convention and the Bullwhip Effect; Part 2: A New Direction - The Power of Decoupling; Demand Driven MRP; Beyond DDMRP; The Demand Driven Adaptive Enterprise Model.

Precisely Wrong

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A Paperback / softback by Carol A. Ptak

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    View other formats and editions of Precisely Wrong by Carol A. Ptak

    Publisher: Industrial Press Inc.,U.S.
    Publication Date: 15/11/2017
    ISBN13: 9780831136185, 978-0831136185
    ISBN10: 0831136189

    Description

    Book Synopsis

    Overview

    At the heart of most supply chains lies a planning tool called Material Requirements Planning (MRP). Invented in the 1950s, codifed in the 1960s and commercialized in the 1970s, MRP became THE way of life for supply order generation and synchronization throughout the world. Yet the people that interact with MRP everyday know that something is very wrong. They may not be able to explain exactly why, but they know that if they did exactly what MRP told them to do, it would have disastrous consequences for their company and their career.  

    What if there was one fatal flaw in MRP that makes it distort the relevant information that planners, companies, and supply chains are desperately seeking? What if correcting this one fatal flaw would allow the promise of MRP to be attained and the bullwhip to be effectively mitigated? Precisely Wrong: Why Conventional Planning Fails and How to Fix It will expose this fatal flaw and trace it

    Table of Contents
    Part 1: The Current Planning Challenge - The Objective and History of Planning; How Conventional Planning Works; Convention and the Bullwhip Effect; Part 2: A New Direction - The Power of Decoupling; Demand Driven MRP; Beyond DDMRP; The Demand Driven Adaptive Enterprise Model.

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