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Precisely Wrong : Why Conventional Planning Fails and How to Fix It

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Title: Precisely Wrong : Why Conventional Planning Fails and How to Fix It
Author: Carol Ptak, Chad Smith
ISBN: 0831136189 / 9780831136185
Format: Soft Cover
Pages: 175
Publisher: Industrial Press
Year: 2018
Availability: In Stock
  • Description
  • Contents

At the heart of most supply chains lies a planning tool called Material Requirements Planning (MRP).  Invented in the 1950s, codified in the 1960s and commercialized in the 1970s, MRP became THE way of life for supply order generation and synchronization.  What used to take teams of people weeks to plan could be done overnight with incredible precision.  Yet planners and buyers that interact with MRP everyday know that something is very wrong.  They may not be able to explain exactly why but they know that if they did exactly what MRP told them to do, it would have disastrous consequences for their company and for their career.

What if there was one fatal flaw in MRP that makes it completely incapable of conveying relevant information?  What if correcting this one fatal flaw allowed the promise of MRP to be attained?  Precisely Wrong: Why Conventional Planning Systems Fail will reveal this fatal flaw and trace its impact to everyday situations encountered by planners and buyers.  Additionally, an elegant solution to overcome this flaw will be discovered.  Readers will walk away with a new depth of understanding about conventional planning systems and a list of things they can begin to implement the very next day.

  • Provides an unique and simple view of the core problem underlying these systems, enabling a company to see a clear and relevant planning picture.
  • Gives companies an essential description of the most known and pervasive issue in supply chain called the “bullwhip  effect”, and how it relates to the core problem.

Definitions in This Book
About the Authors
About the Demand Driven Institute

Part 1 : The Current Planning Challenge
Chapter 1 :
The Objective and History of Planning
Chapter 2 : How Conventional Planning Works
Chapter 3 : Convention and the Bullwhip

Part 2 : A New Direction
Chapter 4 :
The Power of Decoupling
Chapter 5 : Demand Driven Material Requirements Planning
Chapter 6 : The Quest of More Relevant Information
Chapter 7 : The Demand Driven Adaptive Enterprise Model

Appendix A : Simulating DDMRP Performance Against Lean and MRP II
Appendix B : An Inquiry into Queue Dynamics and Lead Times in Supply Chians
Appendix C : Why the Demand Driven Adaptive Enterprise Model is Disruptive
Appendix D : Demand Driven Answers for Accountants
Appendix E : The Story Behind Demand Driven Material Requirements Planning

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