Material Requirements Planning - What is material planning in supply chain management?

Q: What is material planning in supply chain management?

`MRP (Material Requirements Planning)` is a concept of creating material plans and production schedules based on the lead times of a supply chain. ... Traditional MRP (or MRP II: Manufacturing Resource Planning) and DRP-based planning are both techniques of supply chain management.

Answer

The idea behind "MRP" (Material Requirements Planning) is to use supply chain lag times to generate production schedules and material plans. There are a couple of methods used in supply chain management, one of which is traditional manufacturing resource planning (also known as MRP II or DRP).

Material Requirements Planning - What is material planning in supply chain management?

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