Demand Driven Operation Model in sync with Standard Costing
Join us one hour discussion
Demand Driven Operation Model in sync with Standard Costing – the Demand Driven treasure that nobody is talking about yet.
A Demand Driven Operating Model (DDOM) is not just a strategic set of concepts and principles. It is a software suite that drives supply order generation, operational scheduling and manufacturing execution.
With Demand Driven MRP (DDMRP) as its calculation engine, it utilizes actual demand in combination with strategic decoupling and control points of stock, time and capacity buffers. This creates an agile system that promotes and protects the FLOW of relevant information and materials within the operational planning range.
DDMRP originated from the need to transcend the limitations of traditional MRP and Lean/JIT in the modern business environment, by combining the most effective aspects of these techniques along with Theory of Constraint (TOC) logic. Thereby the Demand Driven Operating Model (DDOM) evolved, from which global organisations are realising unprecedented savings and optimisations, even in the unforeseen conditions of today’s world.
In out webinar, we will explore the utilisation of a DDOM in some of the more challenging manufacturing environments, which traditionally would not have been associated with such principles and concepts, and examine the interaction of DDOM with standard costing inputs and outputs, as key to delivering savings and growth.
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