Production Planning / MRP

MRP

Automates the front end of the production process. Functions include planning and costing of materials, labor and equipment; automated quoting; order processing and resource scheduling. Systems should also process advanced shipping notification from suppliers to reduce receiving errors and report any changes in cycle counts for inventory management.

Production Planning

Creates production schedules, which includes reviewing inventory levels, tracking lead times and making build-versus-buy decisions. This is a subset of MRP; planning and scheduling does not generally include automatic ordering or inventory tracking functionality.

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