Fundamentals of Inventory Management and control.
2007-02-26 07:40:20 · 2 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
We are running an ERP (Enterprise Resource Planning) package. MRP (Materials Requirement planning) and MRPII (Manufacturing Resource Planning) are both older subsets of ERP. I have no real experience with ERPII, but it extends ERP (mostly internal) to outside suppliers and vendors. So from greatest to least scope, it would be ERPII, ERP, MRPII, MRP.
2007-02-26 07:49:36 · answer #1 · answered by boonietech 5 · 0⤊ 0⤋
The term MRP seems to be an old concepts even though a lot of people are still running it but they might not know it. ERP is the superset of MRP, financials, procurement...
BTW, there is such a thing as MRP III (which is purely planning based on financial risks unlike MRP I and MRP II).
I might suggest APS (for planning / scheduling) or SCM (for overall management).
2007-02-27 17:12:57 · answer #2 · answered by Anonymous · 0⤊ 0⤋