September 20, 2024

Innovation Projects

Project 4: Stable Planning

Address instability in DDMRP and MRP models by introducing stable demand signals to suppliers, specifically focusing on stabilizing the plan outside of lead time (LT). This reduces the bullwhip effect, improves supplier performance, and leads to more predictable supply chains. Current approaches do not attempt to stabilize the plan beyond LT, even though these numbers are critical for upstream suppliers and their own planning.

Innovation Projects

Project 1: Building a Good Plan Addressing Supply Chain Variability

Develop a robust mechanism for creating a supply chain plan that incorporates variability and addresses the challenges of simulating complex networks. The focus is on ensuring that planning accounts for the inherent volatility of supply chains through AI-driven insights, using a cycle of Plan → Test the Plan → Revise the Plan → Retest until a good plan is established. This approach helps determine whether a plan is effective by simulating the variability in supply chain nodes and continuously improving the plan.

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