Recorded: 15 Common MRP Mistakes & How to Avoid Them: Supply Chain Management tips for distributors and manufacturers

If you are a manufacturer or distributor, no matter what products you produce or sell, you all have the same problem: 

Customers have many options for sourcing products these days and domestic and international competition means that you need to provide the best products possible with shorter lead times and at the lowest possible price! If you’re out of stock when a customer places an order – you probably just lost the sale. If you’re overstock on an item you’re increasing carrying costs. And why waste your raw material inventory and resources making products when there is no hard demand for them? 

In this one hour webinar we will cover 15 very common (and very avoidable) supply chain mistakes that are often made in distribution requirements planning (DRP) or material requirements planning (MRP) and how you can avoid them to gain significant competitive advantages. 

• Supply Problems – inaccurate inventory quantities, incorrect vendor lead times, invisible supplier performance metrics, no ability to establish warehouse transfers to other facilities.
• Date Problems – inaccurate requirement dates, bill of material and manufacturing cycle time calculations, no visibility into queue or move times, limitations on planning dates, inventory calendars, and planning period definitions.
• Forecast Problems – inaccurate demand forecasts and no ability to forecast for customer-specific demand.
• Quantity Problems – min/max order quantities; order multiples; scrap, yield, and loss; safety stock levels; excluded locations (quarantined inventory or staging locations)
• Resource Problems – material, labor, machine, tooling, and other constraints that affect your ability to sell and/or make a product to meet the customer requirement date.