Material Planning

– MRP – Materials Requirements Planning
– Top down process
– What to make and when
– Using sales orders data to forecast demand
– What are the raw materials required to manufacture the finished goods required to fulfill the next X months of orders?
– What time to I need to purchase the raw materials in order to have enough to complete production orders on time for shipment to the customer?
– What is the correct quantity of materials to purchase at a given time?