Adapting Supply Chain Management with Demand-Led Material Requirements Planning to Take on the Challenges of COVID-19

Abstract

The COVID-19 pandemic has had a global impact on supply chains from December 31, 2019.   The disruption of the supply chain originated in China and subsequently propagated worldwide due to increasing shutdowns and closures.   Some companies experienced a decline in demand, while others saw a significant increase in revenue.   The companies that undermine demand were unable to acquire raw materials due to shortages, while others faced challenges with logistics. The COVID-19 pandemic introduces new challenges in the realm of Demand Driven Material Requirement Planning (DDMRP), which aids organizations in maintaining operational efficiency and gaining a competitive edge. This study examines the present state of the organization and the adoption of DDMRP through the utilization of two distinct forms of data.   Here is the secondary data obtained using quantitative research methods, including the use of company databases and reports. This study explores the effects of using DDMRP (Demand-Driven Material Requirements Planning) in supply chain management. The project aims to optimize cost and improve corporate performance by implementing the revolutionary software, which serves as an alternative component for managing inventories.