Cupertino, CA -- (SBWIRE) -- 07/18/2014 -- Ultriva is offering a highly requested webinar addressing demand driven MRP (Material Requirements Planning) and consumption based replenishment for supply chain management and operations personnel at all levels. The webinar, entitled “Demand Driven MRP and Consumption Based Replenishment” will be held Tuesday, August 5, 2014 at 1:00 pm EST.
Chad Smith, Partner & Program Director of Demand Driven Institute will present. Smith authored Orlicky's Materials Requirements Planning and one of the chief architects of the DDMRP (Demand Driven MRP) methodology. Smith will discuss the following at the event:
- Strategic lead time compression for maximum market impact
- Improve inventory velocity and system flow
- End to end visibility and priority alignment
- Significantly reduce or eliminate expedite related expenses
“The conventional planning rules and tools that have been in place for over 40 years are breaking down in the face of growing supply chain complexity and volatility,” noted Smith. “As a result inventories have ballooned, services have degraded, and expedited related expenses have skyrocketed. Most supply chain personnel know about these difficulties but are caught in a huge dilemma between working within the system and working outside the system.”
Attendees of the webinar will see concepts that global leaders are using to transform their supply chains. They will see a way to run supply chains without the disastrous effects of forecast error, intuitive end to end planning, and an execution approach. Smith will explore why MRP and DRP (Distribution Resource Planning) are satisfying needs in today’s complex markets.
Registration is open at: https://www4.gotomeeting.com/register/196628943
Ultriva’s (http://www.ultriva.com) cloud-based platform leverages and seamlessly integrates with leading ERP and MRP systems, to deliver an end to end pull based replenishment solution. Ultriva, based in Cupertino, CA, implements a global demand driven manufacturing model by providing full visibility, scheduling, and sequencing of production of customer orders. Ultriva was named one of the Great Supply Chain Projects of 2014 by Supply & Demand Chain Executive magazine. The company’s global footprint is increasing rapidly with implementations in wide variety of industry sectors and enterprises such as Magellan Aerospace, CareFusion, Emerson, Ingersoll Rand, McKesson, Triumph Group, Regal Beloit, Thermo Fisher and more. Follow Ultriva on Twitter at @Ultriva.