Did you know that forecasts are 70% accurate, if you’re lucky? Combine that with the unknowns of inventory, supplier quantities, and data entry and you might be looking at 66% accuracy. Running a business with so much guesswork is expensive and exhausting, and we know what they say about doing the same thing over and over again and expecting different results…
In the Manufacturing and Supply Chain world, the unintended consequences of using Materials Resource Planning causes bloated inventories, excessive freight costs and yet suffers perpetual material shortages and backorders. Why and what can you do?
Check out this video with Jerry Wright, winner of the San Diego Business Management Consultant of the Year for 6 straight years where he outlines key tips from his recently published book, "The Insanity Trap: What Your MRP Consultant Won’t Tell You". He’s got inexpensive Kanban and Lean solutions that work every time without fail. Your sanity may depend on it!
Agenda:
Introduction and Background
Materials Resource Planning’s (MRP) Fundamental Flaws
Why It’s Still so Popular
Kanban vs. MRP and the new Alternative
Q&A
Other Resources:
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