Material Requirements Planning (MRP) – balances demand in the business (sales orders, forecasts etc.) with supply (inventory, purchase orders, production orders etc.).
- Multiple Reordering policies including Fixed Reorder Quantity, Maximum Reorder Quantity, Lot for Lot, Order
- Order Modifiers of: Minimum Order quantity, Maximum Order Quantity, Order Multiple
- Forecasts can be set on a Daily, Weekly or Monthly basis
- When MRP is run across multiple Warehouses/Locations, Transfer Orders are proposed to move the inventory from A to B
Probitas has been working with MRP for many years now, and we have a variety of customers actively using the dramatic power of MRP. We sometimes get referrals from customers who are experiencing difficulties with their implementations, especially over several warehouses/locations.
In our experience the key to a successful MRP implementation is setting up the planning parameters and understanding how the combination of these parameters affects the quantity and dates generated.
If you are having difficulties with your implementation, then please feel free to contact us.