Material Requirements Planning (MRP) is the practice of determining the time phased requirements and replenishment of materials in manufacturing plant.
MRP calculates the material purchases or transfers (for materials, semi-finished goods) required to support customer orders, projected demand and inventory goals to meet Service Levels and performance goals.
MRP is a subset of Manufacturing Resources Planning (MRP-II).
Alternative names include: MRP-I.
Criticism of Material Requirements Planning is that it solely focuses on material requirements and therefore ignores capacity constraints in raw materials warehouses, transportation and manufacturing plants.Community Importance Rating:
|MRP-II||Manufacturing Resource Planning||2||MRP-II|
|MRP||Material Requirements Planning||3||MRP|
|P201||Gather Sourcing Demand||3||P201|
|P202||Gather Inventory & Schedule||3||P202|
|P203||Calculate Sourcing Plan||3||P203|
|P204||Publish Sourcing Plan||3||P204|