Making business better with Demand Driven principles

By SHEA Global Limited
schedule21st Jul 20

Making British Business Better for us means every company having to successfully adapt to thrive in today's complex and volatile markets. 

As all businesses are now having to plan out how to respond to a post-COVID world, supply chains are being restructured and more priority is being placed on how local and resilient supply partnerships should be.  

Yet, local and reliable often come with a cost premium that needs to be managed effectively. 

With the correct mindset and appropriate management tools, operating changes can be implemented quickly and effectively that can have huge impacts on any such investment decisions.  

Helping you overcome these challenges is Demand Driven Material Requirements Planning, otherwise known as DDMRP.  

Demand-Driven works by acknowledging that to bring stability to supply networks, you need to maintain just the right amount of inventory as a cushion against uncertainty.  Now is certainly the ideal time to rethink and challenge those long-held assumptions about how your business operates. 

Firstly, consider if you could benefit from implementing a Demand Driven Operating Model (DDOM).  These are the benefits that have been recognized by companies that have adopted this model: 

10 to 30% improvements in service levels

25 to 60% reductions in inventory

40 to 70% reductions in work in progress

Over 50% compression of lead times through manufacturing

Other benefits commonly reported include:

Less waste and significant cash flow improvements

Reduction of variability in demand, supply & operations

Upskilling of staff and improved staff motivation.

An easy to understand, visual management system giving better overall control 

Demand-Driven principles implemented in real companies and with real people work.  The benefits can often be seen within the first three months.  

Contact us to learn more about Demand Driven or to start your pilot project.

Join our virtual festival - Backing Britain Live 2020  from 17th-28th August to visit Shea Global's virtual booth. Click here to find out more and get your tickets.

 


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