Business Automation and Software Blog

How Can Material Requirement Planning Benefit My Company?

Posted by Robert Baran on Tue, Jul 10, 2018 @ 10:39 AM

 

Material Requirement Planning (MRP) is a common term in the manufacturing industry, but what does it mean exactly? In short, material requirement planning is a production planning and inventory management system designed to manage manufacturing business processes. Its ultimate goal is to keep adequate inventory levels to ensure that the required materials are available as they are needed. The main objectives of material requirement planning include:

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Topics: Infor VISUAL, material requirement planning, MRP system, MRP software