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    Material Resource Planning

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    What functions of the firm affect an MRP (Material Resource Planning) system? How?

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    What function of the firm affect an MRP (Material Resource Planning) system? How?

    There are several functions of the firm that affect Materials Resource Planning. The reason for this that Materials Resource Planning is focused on maintaining the lowest possible level of inventory, ensuring that materials are available for production and products are available for delivery to customers, and to plan production activities, schedule deliveries and purchasing activities. In order to carry out these functions properly, Materials Resource Planning mainly pertains to production and inventory control (2), however, in an organization; Materials Resource Planning is directly related to the functions of purchasing, marketing and finance. , For the purpose of capacity planning the interaction with these functions is unavoidable. Materials Resource Planning ...

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    This answer provides you an excellent discussion on Material Resource Planning