Material Requirements Plannning: Integrating Material Requirement Planning and Modern Business

  • Authors:
  • Terry Lunn;Susan A. Neff

  • Affiliations:
  • -;-

  • Venue:
  • Material Requirements Plannning: Integrating Material Requirement Planning and Modern Business
  • Year:
  • 1992

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Abstract

From the Publisher:Material Requirements Manning (MRP) is essential to the consistent, efficient productivity of a plant. By basing estimates on actual orders and the forecasts of customer requirements, this system discourages material shortages, wasteful surplus, and costly errors in procurement decisions. This process also helps evaluate the impact of requirements on the capacity of a manufacturing facility. But this powerful process should not be delegated to an automated system alone; while MRP enables you to maximize your ability to manage and maintain material flow, you must first have a clear understanding of its foundation and functions. MRP explains the fundamentals of MRP and the ways you can use it to more effectively run your business. It focuses on the fluctuating present-day manufacturing world and includes discussions on current business practices. The authors outline simple, sequential steps to build or enhance your MRP system, concentrating on methods that help you anticipate future demand, forecast inventory status, and replenish orders efficiently. The book's nonacademic, nontheoretical format is ideal for self-study and immediate implementation. The message and the methods are clear: Technical terms are clearly defined, and abstract concepts are simplified and related through charts, graphs, and specific examples. MRP shows you how to solve scheduling dilemmas and fill orders on time and on budget, pinpoint key problem areas to prevent or reconcile errors and inconsistencies, calculate the appropriate quantities needed to support a desired schedule, interpret records and reports so you can assess and address the adjustments that will affect inventory levels and materials requirements, use MRP to integrate the various functions of your business unit, and match the book's examples and strategies to the needs of your firm. Once you have mastered the book's principles, your MRP or current scheduling system will become more understandable and more reliable. Since M