For example, changes to the master production schedule can be accomplished beyond the cumulative lead time, whereas changes inside the cumulative lead time become increasingly more difficult to a point where changes should be resisted. Time fences can be used to define these points. One of the challenges encountered by manufacturers in deploying MRP systems was the process of maintaining data. Many errors were encountered because of inaccurate bills of material, missing material master records and incorrect lead times. Enterprises will need to put even more effort into cleaning up existing data repositories and enforcing data accuracy as the new applications require more data.
Accurate inventory is critical in collaboration for both supply and demand.
Inventory information will be one of the first data elements used in collaborative processes. The use of annual inventory corrections based on physical inventories is no longer appropriate. To maintain inventory accuracy, enterprises must implement rigorous cycle counting programs. Inc. All rights reserved. Reproduction of this publication in any form without prior written permission is forbidden.