Posted by Thuc Uyen, July 6th 2020
Intro to Material Requirement Planning
Material requirements planning (MRP) is one of the most important real-time material management systems used in manufacturing to compute all materials and components needed to make items most effectively.
The MRP process is divided into three stages:
1) Taking inventory of available equipment and resources,
2) Selecting and identifying missing elements,
3) Requesting or acquiring their goods.
The benefits of MRP systems
One of the biggest advantages of an MRP system is having greater control over your inventory. MRP systems allow you to plan and schedule production efficiently, ensuring materials move rapidly through the work order and assisting businesses to fulfill customer orders on time.
Having an integrated production planning and scheduling system that can perform MRP saves time. Globe3 MRP systems are automated, which means they produce production or purchase orders depending on inventory levels to meet demand. In addition, all team members have access to the latest data in real-time which eliminates time wasted updating each other on changes made in the production. This will reduce production cycle delays and increase production productivity.
Globe3 Production Planning allows you to have a better view of the time needed for each process before committing to the customer on the delivery date.
Globe3 Production Planning allows businesses to eliminate manual processes, such as maintaining work processes on excel and using whiteboards to track the schedule of each process completion date.
Our MRP ensures businesses have enough materials for production or purchase based on the commit date of the Sales order to ensure that the production will not be delayed due to a shortage of materials.
In summary, the Globe3 MRP system gives you control over your inventory and cuts costs. It also helps plan your production schedule and delivers better customer service. Thus, you are more competitive against your competitors.
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