The Material Requirements Planning (MRP) module enables the user to plan material requirements for a manufacturing or procurement process based on the re-evaluation of existing inventories, demands, and supplies according to changing planning parameters (such as lead time determination, make or buy decisions, and holiday planning).
With Beas MRP you will get an overview of all items you need to purchase or produce based on different parameters.
There are three primary functions of an MRP system. First, the system helps ensure that the appropriate materials are available for production and the necessary products are available for customers to avoid shortages. Second, MRP reduces waste by maintaining only the lowest possible materials and product levels in stock. Lastly, an MRP system helps plan manufacturing functions, delivery schedules and purchasing. When an MRP system is doing its job, it reduces material waste while also avoiding product shortages.
However, it is a major issue for successful Material Requirements Planning that the data fed into the system is accurate. Together with the Advanced Planning System – APS – you can manage your daily order recommendation in an efficient manner.
In this tutorial, we will learn how to set up the MRP Wizard, understanding the main fields in its master data for production and procurement planning.