BMW Co - BMW Co Manufacturing Resources Planning Material...

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BMW Co. Manufacturing Resources Planning Material Requirements Planning (MRP)
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Agenda BMW’s MRP System Applicability of the Just- in- Time (JIT) to BMW’s Inventory Management Demand Forecasting and MRP Risk pooling vs Bullwhip in Supply Chain Management Conclusion
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BMW’s MRP System BMW is one of the largest car manufacturers in the world In 2008, the company made the unprecedented decision to contract third party logistics provider (3PL) Prior to MRP, production of every part and end item was triggered by the inventory falling below a given level (reorder point)
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Applicability of the Just- in- Time (JIT) to BMW’s Inventory Management Concept was first used by Japanese car makers Procuring inventory depending on the final products demanded Inventory management has a lot of advantages for users Resources in other organizational ventures to boost their efficiency 3PL companies have developed sequencing centers
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Demand Forecasting and MRP
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