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Material Requirements Planning (MRP) is all about planning ahead so that everything is in place to produce the final product on time. It is primarily
Material Requirements Planning (MRP) is all about planning ahead so that everything is in place to produce the final product on time. It is primarily a planning tool, as opposed to an inventory or short-term dispatching technique.
A great way to understand this concept better is to think about planning "backwards in time." Think about a task that you have coming up. It can be something simple like writing a term paper or preparing for a 5K. Identify the tasks, plan out a schedule, and determine how long each task will take.
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