Material Requirements PlanningProduction Planning
Material requirements based on the production plan and stock
Using the production plan and bills of materials, the Material Requirements Planning system estimates requirements for raw materials and semi-finished goods. Checking stock and netting requirements form the basis for identifying shortages and raising material or purchase requests. Integration with inventory and procurement makes it easier to follow up the materials needed for production plans.
Benefits of Material Requirements Planning
Material requirements derived from the bill of materials
Stock on hand considered when calculating requirements
Identification of material shortages in plans
Supply requests coordinated with inventory and purchasing
- Material requirements derived from the bill of materials
- Stock on hand considered when calculating requirements
- Identification of material shortages in plans
- Supply requests coordinated with inventory and purchasing
