A joint meeting with the Chartered Institute of Logistics & Transport (CILT) and the Devon & Cornwall branch of the Chartered Institute of Procurement and Supply (CIPS).
Speaker: Simon Eagle, Certified Instructor, Demand Driven Institute.
The Demand Driven Supply Chain has been talked of for many years but most companies still drive their replenishment execution using a forecast through DRP/MRP (often called 'forecast push'). With the advent of new and inexpensive 'Software as a Service' systems, robust implementation of "Demand Driven" is now possible across complex networks (including the extended supply chain). Those that have adopted this way of working have found they are able to sustainably meet their planned service levels with reductions in inventory of 30% to 50% and costs by c20%.
Such performance improvements contribute immensely to corporate performance by reducing working capital and increasing service satisfaction; so improving the competitive edge of those companies that use the concept.
Simon Eagle, Certified Instructor with the Demand Driven Institute, has deep knowledge of the 'whys and hows' of Demand Driven and will describe how all supply chains that plan to hold stock somewhere (and that includes MTO) can benefit - including yours?
There is free entry to this talk which has the equivalent of 1.5 hours CPD for CILT.
Doors open at 18:00 for 18:15 start.