Developments in technology are moving at an exponential rate. In fact, several of them, including the Internet of Things (IoT), artificial intelligence (AI), machine learning, augmented reality (AR), virtual reality
In today’s business landscape, supply chain management is fraught with challenges as it is becoming more complex by the day. Hidden risks pose a significant threat as businesses continue to
The Internet of Things (IoT) seems to be gradually yet steadily getting woven into the fabric of daily living. From industrial machines to wearable devices, IoT’s true potential lies in
The growing number of devices that are being connected has made the Internet of Things (IoT) a key technology for businesses across industries, and the supply chain is no exception.
Demand Driven Material Requirements Planning or DDMRP is the recent methodology that is garnering significant traction in Supply Chain Management. It builds upon the supply chain principles such as Lean
While the whole idea of implementing DDMRP in a manufacturing organization sounds tempting, a deep research on the methodology makes one suspicious of the benefits being claimed by its evangelists.