This is a quick visual outline of the way an MRP system works and how MRP improves your business
Materials Requirement Planning (MRP) is what companies use to streamline production of goods and inventory management. It is an automated system that uses sales, forecasting, cost of materials, storage capacity, and other data to optimize a business’s production schedule.
All MRP systems undergo the same 4 steps to create their production schedule. MRP systems are used to reduce wasted inventory and deliver customer orders faster. Materials Requirement Planning is built on accurate and consistent data inputs, so as long as they are fed new information, your supply chain will remain efficient.
Max is a Content Writer at Lumiform originally from New York, NY. Before Lumiform, he worked at the fintech company SumUp, writing on a range of fintech-related topics. He has experience writing blogs, CRM communication, guides, and landing pages. In addition to a love of content writing, Max is passionate about standup comedy and cooking.
We also offer paid plans with additional features, storage and support.