Instead of just relying upon procedures like MRP, cost optimization or inventory optimization, learn how to leverage reorder point planning.
Setting reorder points is a bit of a lost art as company after company over-rely upon advanced supply planning methods to create the supply plan, and often for their entire product database. However, there are in fact a number of situations where reorder points will actually provide a superior output.
Reorder points are often considered to be simplistic, but in many cases they work quite well. There are simply a great number of misunderstandings regarding reorder points - misunderstandings that this book helps clear up. Rather than "picking a side," this book shows the advantages and disadvantages of each.
By reading this book you will:
· Understand the Lean Versus the MRP debate.
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