Should I use Master Production Scheduling (MPS) or Material Requirements Planning (MRP) for my materials ?
To answer this question, the things to consider are:
Everyone working in an industry and using an ERP as part of their daily job would have heard the acronym MRP, right ?
So what is MRP ?
MRP is known to the manufacturing industry since the 1960‘s – most common, proven and robust production planning approach (due to its simplicity)
MRP stands for: