Material Requirements Planning

Material requirements planning (MRP) is a production planning and inventory control system used to manage manufacturing processes.

Most MRP systems are software-based, while it is possible to conduct MRP by hand as well.

An MRP system is intended to simultaneously meet three objectives:

* Ensure materials are available for production and products are available for delivery to customers.
* Maintain the lowest possible level of inventory.
* Plan manufacturing activities, delivery schedules and purchasing activities.[1]

## Resources

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* Enterprise Resource Planning
* Intermediate Items
* Item
* Products
* Raw Materials
* Raw Materials, Intermediate Items & Products

## References

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1. ↑ Wikipedia: Material requirements planning