Traditional material requirements planning has been largely forecast-driven, using formulas to reduce risk by staging emergency inventory throughout the supply chain. However, as the recent pandemic has shown, an unexpected event can dismantle even the best-laid plans. Fortunately, demand-driven material requirements planning (DDMRP) offers industries a modern, more sophisticated inventory control. What is DDMRP? Structured [...]
SHEA is a Canada-based IT services firm that provides solutions such as ERP, digital transformation, business intelligence, and analytics for businesses.