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Basic concepts (MRP, MRP II and ERP).  

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CONTENTS 1. Basic Concepts 2 1.1 MRP 1.2 MRP II 1.3 ERP 2. Typical features found in some commercial MRP/MRP II systems 4 3. Some of the commercially available MRP/MRP II systems 5 3.1 Pc/MRP 3.2 Finesse MRP 3.3 Vormittag Associates Inc. 4. Difference between a MRP II and an ERP System 9 5. MICROSS EXERCISE PRINT OFF 10 6. MICROSS vs 4th Shift ERP Package 11 7. General Procedures to select a suitable MRP/MRP II System for a medium sized manufacturing company 12 8. Conclusion 14 9. References 15 BASIC CONCEPTS (MRP, MRP II and ERP): MRP MRP stands for Material Requirements Planning. MRP is widely recognised as one of the most valuable management tools. MRP strives to improve manufacturing efficiency by managing the production schedule, reducing inventory, increasing cash flow, and delivering products in a timely manner. MRP is a tool used in the inventory management of depended components in manufacturing operations. It is a set of techniques that uses bills of material, inventory data, and the master...

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