The WorkWise ERP Material Requirements Planning (MRP) application helps determine what products should be produced, in what quantity, and by what date. It allows you to easily schedule and forecast product demand, and creates a complete material plan which determines the quantities and delivery schedules of needed components.
With MRP the forecasted or actual customer demand is translated through all levels of the bill of materials. It takes into account current inventory status and lead times to produce a specific, time-phased plan for the manufacture and procurement of component items. MRP provides powerful planning techniques, lot sizing for volume based items to lot sizes of 1, and also critical just-in-time techniques such as delivering materials to operational start times.
Using the WorkWise ERP capabilities that enable structuring both Rules-Based and Matrix Bills of Materials, MRP can assist in lowering inventories and making them more flexible. It allows multi-location planning and multi-level drill-down pegging so production planning personnel can quickly be alerted to potential problems.
WorkWise has been serving the manufacturing industry for over 15 years, and we understand the unique complexities and challenges it faces. Watch this video to learn more about the manufacturing industries we serve.
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