Materials Requirements Planning
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The Material Requirements Planning (MRP) module gives you the ability to have the right materials at the right location, at the right time. In summary, it provides the following features: Raw Materials Planning Sub-Assembly Planning Finished Product Planning Demand Forecasting Time Phased Scheduling Automatic Order Release Master Production Schedule Lead Time Forecast Overheads Recoveries costing […]
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Inventory Control Materials Requirements Planning Stock Forecasting DRP
‘Replenishment‘ is the term used to describe the processes of ‘restoring’ or ‘filling’ an inventory item’s stock position to the level required to be able to satisfy on-going demand. We use the term in Online Advantage to cover the functionality provided in the system to assist in the management of the inventory position of each […]