by Stan Alin | 27 Oct 23 | CEO's Posts, Press Releases, Technology and Tools
Boston, Massachusetts – B2WISE, a leader in demand-driven material requirements planning (DDMRP), takes supply chain management to the next level by introducing hierarchical forecasting capabilities into its comprehensive solution suite. This enhancement, B2WISE, adds Advanced Forecasting to DDMRP and boosts supply chain precision and efficiency with innovative predictive analysis tools.
Introduction
In a move that redefines the supply chain landscape, B2WISE is thrilled to announce the integration of advanced hierarchical forecasting capabilities into its demand-driven material requirements planning (DDMRP) solutions. This significant enhancement expands an already robust suite of services, meeting the increasing client demand for comprehensive solutions that include DDMRP, DDS&OP, scheduling, traditional S&OP, and AI modules.
The Need for Forecasting in DDMRP
Traditionally, DDMRP has been lauded for its ability to operate without a heavy reliance on accurate forecasts. However, in today’s rapidly changing market conditions, incorporating forecasting can provide a more nuanced approach to supply chain management. By fusing DDMRP’s strengths with advanced forecasting methods, businesses can navigate the complexities of volatile demand with greater ease and efficiency.
Strategic Partnership with Forecast Pro
To bring this game-changing feature to market, B2WISE has entered into a strategic partnership with Forecast Pro, a renowned authority in forecasting solutions based in Boston. This collaboration allows B2WISE clients to instantly leverage Forecast Pro’s cutting-edge algorithms and machine learning capabilities, streamlining the planning process significantly.
How It Works
The new forecasting module integrates seamlessly into B2WISE’s existing DDMRP solutions. Users can activate advanced forecasting features with a simple click, generating accurate and reliable plans that are more accessible than ever. These algorithms utilize machine learning to adapt to fluctuating market conditions, enhancing the DDMRP system’s robustness.
A Word from Our CEO
“We’re deeply committed to keeping pace with technological advancements in supply chain management,” stated Kevin Boake, Global CEO at B2WISE. “This groundbreaking development underscores our dedication to working closely with our customers. By integrating Forecast Pro’s leading-edge algorithms, we equip our clients with an unparalleled forecasting capability that is incredibly user-friendly.”
The Impact on Supply Chain Management
Incorporating advanced forecasting into B2WISE’s DDMRP solutions is set to revolutionize supply chain planning and execution. By synergistically combining the strengths of DDMRP with the precision of advanced forecasting, clients can now formulate more realistic plans across operational, tactical, and strategic levels.
Future Outlook
This latest offering places B2WISE at the forefront of supply chain solution providers. The company is planning enhancements integrating additional features like predictive analytics and real-time reporting, aiming to offer an even more comprehensive end-to-end planning tool.
Learn More
For more insights into Forecast Pro and its advanced capabilities, please visit www.forecastpro.com.
About B2WISE
Established in 2017, B2WISE has rapidly ascended to become the leader in DDMRP courses, also referred to as Resilient Planning by Gartner. With a focus on innovation and efficiency, B2WISE has a global presence with over 170 clients in 30 countries, supported by seven offices worldwide.
Contact
To get an expert in DDMRP or book a demo, please visit our Contact page. For media inquiries, please contact Laurent Vigouroux, Brand Ambassador, B2WISE, at marketing@b2wise.com.
by Stan Alin | 26 Oct 23 | CEO's Posts, Technology and Tools
Digitalise your Supply Chain: Learn how DDMRP software by B2WISE transforms SCM, offering resilient features, efficient tools, and a community-led approach for improved outcomes and satisfaction.
Introduction
In the ever-evolving landscape of global supply chains, the need for a resilient and efficient supply chain has never been greater. Integrating Demand-Driven Material Requirements Planning (DDMRP) into your supply chain strategy can significantly improve aspects of supply chain management, including demand planning and inventory levels. This article will explore how B2WISE’s DDMRP software turns planning into a competitive advantage, providing robust planning tools for your operational plan and benefits that resonate with managers and planners alike. We’ll also touch on CommWise, a community-driven platform for continuous improvement.
Software: The B2WISE Application
Choosing the right software is crucial for an effective DDMRP implementation in your supply chain operation. B2WISE’s software has a proven track record in delivering resilient supply chain solutions, featuring Sales and Operations Planning (S&OP), ERP system integration, and other critical aspects of supply chain management.
Features: More than Just a Tool
When you opt for B2WISE, you access a range of features to create a resilient supply chain, ensure customer satisfaction, and keep up with global supply chain disruptions. Key features include:
- Demand Planning: Utilize AI and machine learning to improve your forecasts and meet customer needs.
- Sales and Operations Planning (S&OP): Focus on critical resources and run fast simulations for your operational plan.
- ERP Integration: Seamlessly integrate with enterprise resources planning systems like SAP and D365.
Benefits: Why Choose DDMRP Software?
Investing in B2WISE’s DDMRP software offers a myriad of benefits impacting your bottom line:
- Protect service levels to ensure customer satisfaction
- Minimize inventory levels and overcoats, especially critical in the face of natural disasters
- Improve the cash-to-cash cycle and enhance product development
- Increase ROI through efficient supply chain practices
CommWise: Community-Led Development
B2WISE’s CommWise is more than a product planning tool; it’s a platform for life cycle improvement. Inviting customer insights contributes to product development and the resilience of supply chain operations, making it a cornerstone of our supply chain strategy.
DDMRP Training and More
Are you looking to deepen your knowledge? B2WISE also offers comprehensive DDMRP training to equip you with the skills to manage supply chain disruptions effectively and enact your planning process.
Conclusion
In a world where supply chain management (SCM) is subject to constant change and potential disruptions, DDMRP and B2WISE offer a path to resilience and efficiency. With specialized planning tools and a focus on demand planning, we provide a competitive advantage in operations planning.
We invite you to talk to our experts for specialized queries or to begin your educational journey.
External Link:
Demand Driven Basics (demanddriveninstitute.com)
by Stan Alin | 20 Oct 23 | Industry Insights and Trends
Discover b2wise’s transformative journey in DDMRP solutions. From its 2016 founding to global expansion and tech advancements, learn how we lead in SCM.
Introduction:
At b2wise, we pride ourselves on being more than just a leading provider of Demand-Driven Material Requirements Planning (DDMRP) solutions. Our history is a compelling narrative of innovation, dedication, and a relentless pursuit of excellence in supply chain management. This article takes you through critical milestones that have shaped our legacy, from the early days to our recent advancements and future outlook.
The Early Days:
The inception of b2wise in September 2016 marked the beginning of a long-term commitment to revolutionize supply chain management. From day one, we focused on offering demand-driven DDMRP solutions that would transform how businesses operate.
By January 2017, we had already made significant strides by signing our first client, Sames Kremlin. This partnership was not just a business transaction; it was a mission. A mission to convert their Excel Spreadsheet DDMRP solution into a formal SaaS platform. This early achievement set the tone for our long-term vision, demonstrating our dedication to providing robust, demand-driven solutions that stand the test of time.
Awards and Recognition:
Our commitment to Supply Chain Management Innovation was recognized early on, solidifying our reputation as a leader in the industry. In November 2017, we received the King of Supply Chain award in France, a testament to our innovative approaches and solutions.
This was followed by a Gold Award at the Logistics Achieve Awards 2018 in South Africa. These accolades validated our efforts and reflected the high customer satisfaction we strive to deliver. Our awards are milestones, each marking a significant achievement in our ongoing journey to excel in supply chain management.
Global Expansion:
The story of b2wise is not confined to one country or continent; it’s a tale of global expansion. Our vision has always been to offer our innovative DDMRP solutions to a wide range of businesses across the globe.
Starting with our South African Business Unit in February 2017, we quickly expanded our supply chain operations to include the USA, the Asia-Pacific region, Iberia, and the UK. Each new business unit represents a strategic move to cater to the diverse needs of businesses worldwide, further solidifying our wide-ranging impact in supply chain management.
Technological Advancements:
Innovation is at the core of b2wise, evident in our technological advancements. In January 2021, we took a significant leap by transitioning to AWS serverless architecture, enabling us to process over 1.5 million SKUs in real time in under three hours.
Our commitment to staying ahead of the curve led us to integrate artificial intelligence into our solutions. By June 2022, we had launched our data mart and AI model, further enhancing our DDMRP solutions. These technological advancements are not just features but integral components that drive real-time decision-making and operational efficiency for our clients.
Recent Milestones:
Our journey is marked by significant milestones reflecting our growth and impact in the industry. As of October 2023, we’ve completed our 14th global rollout, a testament to our robust milestone systems and the life cycle of our solutions.
These milestones are not just numbers; they represent our tangible impact on businesses worldwide. From signing our 172nd customer to launching our LATAM Business Unit, each milestone is a chapter in our ongoing story, reinforcing our commitment to excellence and customer satisfaction.
Conclusion:
Our journey at b2wise is a testament to our commitment to creating an innovative supply chain ecosystem. We have consistently strived to reduce business costs while delivering robust and reliable DDMRP solutions.
The milestones, awards, and technological advancements we’ve achieved make a compelling business case for why b2wise is a leader in supply chain management. As we look to the future, we remain committed to pushing the boundaries of what’s possible in our industry.
Call to Action:
Ready to take your supply chain management to the next level? Don’t just read about our journey—experience it. Click below to watch our video, powered by top-tier video management software, and get an inside look at how b2wise drives supply chain innovation.
by Stan Alin | 19 Oct 23 | CEO's Posts, Customer Engagement and Stories
Join B2WISE and Etex at the Supply Chain Event in Paris on November 15, 2023. This conference will focus on Demand-Driven Material Requirements Planning. It promises to be groundbreaking. Learn how Etex’s 4-year journey with DDMRP is shaping the future of supply chains.
Introduction:
The SCE is essential for supply chain professionals to connect, share ideas, and find new solutions. The SCE is necessary for supply chain professionals to connect, share ideas, and find new solutions. This pivotal conference will occur on November 15 at 9:30 AM in Paris, Porte de Versailles.
The Significance of the SCE Paris 2023:
The SCE is essential for supply chain professionals to connect, share ideas, and find new solutions. Over 100 exhibitors and professionals from sectors such as Consulting, Transport, and Supply Chain Solutions gather at this event.
The event is a platform for critical discussions, including the Etex and B2WISE DDMRP Conference. These discussions are pivotal in shaping the future of supply chain management.
In its eleventh year, the SCE continues to evolve, offering more than just exhibition space. It provides a space for Automation and Robotics Solutions, Information Systems and Tracking, and Control and Planning Solutions.
This year’s event, including the Etex and B2WISE DDMRP Conference, is particularly significant. The conference aims to equip supply chain professionals with valuable information and strategies.
B2WISE’s Historical Participation:
Since its inception in 2012, B2WISE has been a steadfast participant in the Supply Chain Event (SCE). Our commitment to supply chain innovation and SCE Networking and Innovation is evident through our consistent presence at this pivotal gathering. Our involvement has improved our industry connections and prepared us to showcase our advanced tools and methods.
One of the methodologies we are particularly proud to showcase is Demand-Driven Material Requirements Planning (DDMRP). This approach has had a changing effect on the Building Material Supply Chain Management sector. We showed how DDMRP can change supply chains, making them more flexible and robust in the SCE.
The B2WISE and Etex Partnership:
This year, we’re elevating our participation by hosting a conference titled “DDS&OP chez Etex: Résilience et adaptabilité sur 100 usines.” This significant event results from the B2WISE and Etex Partnership. It will feature esteemed speakers such as Laurent Vigouroux from B2WISE, Claire Ané from Etex, and Peter van Cuyck from Etex. This forum provides a unique opportunity for supply chain planning and customer service enhancements.
The B2WISE and Etex partnership shows how construction companies can manage inventory and risks over a long period. It shows how demand-driven planning principles can optimize supply chain network decoupling points. You can learn from real-world case studies and discover ways to improve service levels significantly.
Etex’s Journey with DDMRP:
Etex is a big company in construction materials and owns Siniat, a famous French plaster maker. Etex is implementing the DDMRP methodology as part of a 4-year transformation journey.
This journey effectively demonstrates how to implement Adaptive Supply Chain Solutions. They will discuss this journey during the conference, focusing specifically on Operational Model Adjustments in Supply Chain.
The journey has been extensive, covering 212 sites worldwide and featuring key inventory management strategies. This experience is a case study for effectively managing the construction industry’s raw materials and lead time. Etex is a leader in adaptive business models, offering insights into risk management and supply chain planning.
Keys to Success:
The conference will offer a deep dive into how Etex’s operational model undergoes weekly adjustments to changes in the supply chain. This dynamic approach utilizes a synergy of information flows between Etex’s SAP system and B2WISE’s DDMRP solutions. This part of the session will offer invaluable insights into supply chain planning and customer service in a volatile market.
Etex will share the strategies that have made it successful as a flexible, customer-focused business. Participants will fully grasp successful risk management, service level optimization, and long-term inventory strategies used by Etex’s supply chain.
What to Expect:
The B2WISE Supply Chain Event 2023 conference promises to be an enriching experience for all attendees. You’ll gain insights into how Etex has successfully navigated the complex global supply chain management terrains using DDMRP methods.
Their approach to changing their supply chain operations is a unique example, particularly in managing construction materials.
The session will provide real-life examples and practical advice. It will help you understand how demand-driven methods can improve your supply chain. Learn about inventory management, service levels, and risk management to succeed in today’s fast-paced supply chain network.
Conclusion:
The B2WISE and Etex conference at the SCE Paris 2023 is an event you won’t want to miss. Join us to explore the future of adaptive, demand-driven supply chains and to learn from industry leaders. This is an excellent opportunity for supply chain managers, production planners, and top executives in manufacturing companies. They can learn about advanced supply chain planning and risk management.
This conference is valuable if you’re a Demand Driven Planner or want to improve service levels with DDMRP methodologies. Don’t miss this chance to enhance your understanding of adaptive, demand-driven business models and strategies.
For specialized queries, we recommend talking to our experts or kickstarting your educational journey in supply chain management with us today.
by Stan Alin | 25 Jan 23 | DDMRP Explained
Navigate DDMRP adoption and project approval with b2wise, highlighting ROI and key benefits to win management support effectively.
Introduction
In the intricate world of supply chain management, adopting the DDMRP (Demand Driven Material Requirements Planning) method, endorsed by the Demand Driven Institute, could transform your company. Here’s a complete roadmap to effectively advocate for DDMRP adoption to your management, ensuring your vision aligns with your company’s growth objectives.
Understanding the Operational Challenges
Identify the persistent “irritants” hindering your operational efficiency, such as insufficient stock levels, erratic forecast deviations, or a perpetual firefighting mode. These challenges, often compounded by fragmented data and unwieldy Excel files, significantly disrupt your supply chain’s fluidity and performance.
Assessing the Need for Change with DDMRP Adoption
Recognize the need for a shift in inventory management methods. DDMRP, celebrated for streamlining operations and resonating with corporate ethos, could be the strategic pivot your organization requires, moving away from traditional, often rigid systems.
Leveraging Knowledge and Insights
Harness the comprehensive knowledge available through b2wise’s webinars and customer testimonials. These resources, a blend of practical applications, theoretical insights, and real-world transformations, are instrumental in building a strong case for DDMRP.
Orchestrating Collaborative Discussions
Engage in a scoping meeting with b2wise to validate the DDMRP method’s relevance to your specific operational context. This crucial phase ensures that all stakeholders clearly understand the journey ahead.
Empowering Teams Through Education
Enrol in training programs recognized by the Demand Driven Institute, such as DDP (Demand Driven Planner) and DDL (Demand Driven Leader), to deepen your understanding of DDMRP and its potential impact on your organization.
Articulating the Financial Impact
Articulate the tangible benefits of implementing demand-driven technology by presenting a detailed ROI analysis. To build a quantitatively solid case, focus on key performance indicators like service rate enhancement, lead time reduction, and inventory optimization.
Highlighting the Human Factor
Emphasize the qualitative benefits that DDMRP offers, including enhanced team well-being, improved decision-making visibility, and better alignment of goals across departments, fostering a more collaborative and efficient work environment.
Building a Coalition of Support for DDMRP Integration
With a solid proposal in place, it’s time to seek support from key stakeholders, especially within the finance department. Their endorsement can significantly broaden the project’s appeal and ensure cross-departmental collaboration.
Demonstrating Effectiveness with POC
Demonstrate the effectiveness of DDMRP through a Proof of Concept, comparing historical decision-making outcomes with those projected by the DDMRP framework. This practical approach is crucial for gaining formal approval, particularly in larger organizations.
Initiating the Pilot Project
Start with a pilot project to apply the DDMRP method on a smaller scale, allowing you to assess its effectiveness and make necessary adjustments before a full-scale rollout.
By following this structured approach and leveraging the support and resources offered by b2wise and the Demand Driven Institute, you can effectively champion the adoption of DDMRP and its demand-driven technology in your organization, setting the stage for enhanced operational efficiency and strategic growth.
Get Started with DDMRP
Embark on your DDMRP journey with confidence. Contact our experts for tailored guidance or to enhance your expertise through our specialized courses. Ready to transform your supply chain? Reach out to us today.
FAQ
1. What is DDMRP, and why is it essential?
DDMRP stands for demand-driven material requirements planning. It’s a transformative approach that aligns inventory with market demand, significantly improving supply chain efficiency and responsiveness.
2. How can I convince management to adopt DDMRP?
Emphasize the alignment of DDMRP with your business challenges, its potential to enhance ROI and the operational improvements it offers. Use a Proof of Concept to illustrate its practical benefits compellingly.
3. What courses are available for learning DDMRP?
We offer a range of courses tailored to your needs:
- For a hands-on, interactive learning experience, join our DDBRIX Workshop.
- Understand the core principles and applications in our Demand Driven Planner (DDP) Training.
- Master operational excellence in a VUCA world with our 1-Day DDO Workshop and DDL Training for Supply Chain Excellence.
- Align sales and operations effectively with ASOP Training.
- Develop problem-solving skills with our AST Training for Systemic Problem Solving.
Click here to register for our courses!
