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Supply Chain Glossary

Glossary > M > Materials Requirements Planning  

 

Materials Requirements Planning


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

Material requirements planning [MRP] was an early stage in the development of information systems to help manufacturing planning decide what materials were needed, in what quantities, and when.  The purpose of the system was to ensure that the bill of material, the ‘explosion’ of the finished product into components and sub-assemblies was translated into a master production schedule and a recommended purchasing schedule for the raw materials needed to produce products.  See also Manufacturing Resource Planning.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 






Last update 3 Jan 2018
December PMI signals strongest manufacturing growth since March 2015
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