Tuesday, March 31, 2015

Evolution of Production Planning and Inventory Control Systems

Production planning function is responsible for preparing the Plan for the production. Normally the planning is done through Manufacturing Requirements Planning (MRP) or Manufacturing Resource Planning (MRP2). Enterprise Resource Planning (ERP) is the automated & integrated version of MRP2 – Nowadays a lot of ERP packages are in use widely, across industries.  Now let’s understand […]


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