How to establish and efficient Supply chain?
To be honest, there are a number of things you need to do You need to stop using a wholly inaccurate forecast for determining what inventories to stock, manufacture and purchase Move towards a Demand Driven supply chain model such as Demand Driven Operating Model that has Demand Driven MRP (DDMRP) at its heart Augment your current ERP/MRP system with a DDMRP engine that can be utilized to determine the supply order requirements based on actual demand and not a forecast. With DDMRP you will ... read more