OMNIA Partners invited industry experts to share insights on achieving manufacturing and business success. In this post, Jason Dasher of Commercial Truck Financing discusses how to contract out certain job functions for a competitive advantage.
OMNIA Partners invited industry experts to share their insights on the present and future of manufacturing success. In this post, Chad Smith of Demand Driven Institute discusses the evolution and future of material requirements planning.
Most folks that deal with material requirements planning (MRP) systems on a daily basis know that something is and has been VERY wrong for many years. But do we really understand what the real issue is and just how devastating the problem becomes for supply chain management in general?
If you’re in the world of manufacturing, you’re well aware of lean and Six Sigma. Some companies are addressing inventory practices; others are trying to change their manufacturing process for efficiency. Some are doing both. While these are all correct, and implementing best practices in these areas delivers significant gains, there’s still a missing piece. Very few companies turn to their office to address their entire process. The process before the manufacturing floor can have more waste and delay to the customer than production.