Material Requirements Planning (MRP) aims to increase manufacturing efficiency by managing the

  • production schedule,
  • reducing inventory,
  • increasing cash flow, and
  • delivering products in a timely manner.

ERP is a technical subset of MRP.  

You have no rights to post comments

Related Articles

Just in Time ■■■■■■
Just in Time (JIT) is the cornerstone philosophy of Lean Manufacturing and MRP. -  ; - Using the just-in-time . . . Read More
Plan at■■■■■
Plan: A plan is typically any diagram or list of steps with timing and resources, used to achieve an . . . Read More
Auto at■■■■
In the industrial context, "auto" is a short form of "automobile" or "automotive" which refers to the . . . Read More
Acronym at■■■■
- An acronym is a type of abbreviation formed from the first components of a word or phrase. There are . . . Read More
Architecture at■■■■
Architecture (Latin architectura) is both the process and the product of planning, designing, and constructing . . . Read More
Engineer at■■■■
In the industrial/industry context, an engineer is a professional who applies scientific and mathematical . . . Read More
Efficiency at■■■■
 ; - Efficiency is the (often measurable) ability to avoid wasting materials, energy, efforts, money, . . . Read More
Move at■■■■
Move: In the industrial, industry context, "move" refers to the act of transferring or relocating a product, . . . Read More
Vendor at■■■■
In a supply chain, a vendor, or a seller, is an enterprise that contributes goods or services. Generally, . . . Read More
Accumulation at■■■■
- "Accumulation" generally refers to the process of collecting or gathering items or data over time; . . . Read More