What is MRP (Material Requirements Planning)? Why is it Important?

MRP vs. ERP: searcherp.techtarget.com/tip/...
5 supply chain management tips: searcherp.techtarget.com/tip/...
MRP, or material requirements planning, is an integral part of production. It’s a system that calculates materials and components of a product, determines when they’re needed, and schedules purchase and production. Relying heavily on the bill of materials, MRP helps companies better match supply to demand -- ultimately reducing costs, and boosting efficiencies.
How would MRP benefit your company? Let us know in the comments below, and be sure to hit that like button.
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[@ahmadalmutairi3659]

appreciate your great efforts 👍

[@claudineileao9968]

Great video!!

[@EyeonTech]

Thanks for watching!

[@zarminaghanizada9185]

Great job thank for great explanation

[@EyeonTech]

You are welcome!

[@denko44]

Do you have mrp, mrp2 & ERP vid?

[@jasdeepkaur5801]

I like this video really easy to understand

[@EyeonTech]

Glad you think so!

[@vinothkanna4776]

Amazing explanation

[@EyeonTech]

Glad you think so!

[@melse-learndotcom8352]

Easy to understand and clear explanation.

[@EyeonTech]

Glad you think so!

[@deutschejar]

Good video but infortunately the firts link (MRP vs. ERP) follows an error 404 "Web server is returning an unknown error" I tryed to opened on differents PC and it could be opened.

[@EyeonTech]

Thanks for bringing it to our attention! It should work now, but if not hopefully you can access here: searcherp.techtarget.com/tip/MRP-vs-ERP-Understanding-the-difference?MRP&MRP&Offer=OTHR-youtube_OTHR-video_OTHR-MRP_2020November16_MRP