All Posts Tagged "material requirements planning"...
Material requirements planning (MRP) is the calculation of potential shortages and replenishment activity from the master schedule using the bill of material and inventory availability data. Developed in the early 1950s, the basic approach still is at the center of every enterprise resources planning (ERP) system more than half a century later.
Technology gives us new capabilities all the time and many of them are vital tools for gaining and maintaining a competitive edge. But tools must be viewed and applied in context to be of benefit.
While this doesn’t seem logical, the “plan materials first, then check capacity” process has been with us since the 1960s, when MRP first was defined and computer resources were scarce and expensive. Today, the computing power necessary to plan material
I recently have noticed several promotions, e-mails, articles, and Webinars focused on Enterprise resources planning (ERP) for small and midsized businesses (SMBs). The overall tone of these messages implies that ERP is the domain of the big companies and is
Having worked with hundreds of manufacturing organizations over the last 30 years, it has never ceased to amaze me that inventory control is still the number-one concern. It can be a real issue even for those people who have “mastered”