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Preface
1. MRP in the Modern World
2. Inventory in a Manufacturing Environment
3. Principles of Materials Requirements Planning
4. Lot Sizing
5. Project Manufacturing
6. High Level Planning
7. Demand-Driven Planning
8. Bills of Material
9. Forecasting
10. Distribution Resource Planning
11. Purchasing
Index
Material Requirements Planning (MRP) is the engine that drives planning algorithm of every ERP (Enterprise Resource Planning). It is very fundamental to materials planning, especially in production environment. It is well known that MRP helps in reducing inventory and managing the working capital. It is a computer-based inventory management system designed to assist production managers in scheduling and placing orders for items of dependent demand. Dependent demand items are components of finished goods—such as raw materials, component parts, and subassemblies—for which the amount of inventory needed depends on the level of production of the final product. The book “Material Requirements Planning” provides a comprehensive overview of fundamental knowledge on manufacturing, covering various processes, manufacturing-related material planning. A detailed explanation of the various concepts and applications of material requirements planning has been covered in this book. It explores MRP in the modern world, inventory in a manufacturing environment, principles of planning and project manufacturing. It also deals with demand-driven planning, bills of material and distribution resource planning. Some of the diverse topics covered in the book address the varied branches that fall under this category. This book is designed to facilitate self-leaning and provides a unique functionality. It is a complete source of knowledge on the present status of this important field.
Cristin Putnam pursued her Ph.D. in Manufacturing Systems Engineering from University of Science, Melbourne. She is an Assistant Professor at University College, Wellington. She is an expert in modelling and optimization of manufacturing systems, supply chain, agile manufacturing, design of robust production control strategies and quality management system. She has written dozens of articles and research papers on manufacturing process control, supply chain management and logistics systems. She has also won the “Distinguished Scholar Award” for excellence in education.