Material Resource Planning

Internexium MRP software leverages planning and management to minimize the amount of cash invested in the manufacturing process at any given time. In many manufacturing businesses, large amounts of cash are tied up in in-process inventory. MRP is a set of techniques that uses bill of material data, inventory data, and the master production schedule to calculate
requirements for materials. MRP systems also makes recommendations for purchasing additional materials.

MRP typically stands for Material Resource Planning. However, variations on the theme, which still refer to the same system of manufacturing production planning include
  • Manufacturing Resource Planning
  • Material Requirements Planning, or Manufacturing Requirements Planning
Material Resource Planning is also frequently referred to as Capacity Requirement Planning. This document will provide you with an overview of the major functions of MRP software, key benefits, and how to go about choosing MRP software for your manufacturing environment
  • Master scheduling
  • Material requirements planning
  • Capacity requirements planning
  • Execution support systems for capacity and material
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  • Business plan report
  • Purchase commitment report
  • Delivery budget report
Any engineer procuring should certainly have a item on the check-list labeled "Interface to Company MRP System", but should be aware that turning that into useful time-saving capability will take rather more consultancy and maintenance effort than simply ticking the box.
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