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What is MRP vs DRP: Key Differences Explained about?

MRP (Materials Requirement Planning) is a computer-based production planning and inventory control system that helps minimize inventories while ensuring adequate materials availability. It works by taking customer demand for finished products and exploding backwards the time-phased needs for component materials. The objectives of MRP are to ensure materials availability for production, maintain low inventory levels, and plan manufacturing activities. MRP has evolved into MRP II which integrates additional b

Author

aniketpavlekar

Language

EN