Manufacturing Operations Management
Material Requirement Planning (MRP) Material Requirement Planning (MRP) is a systematic approach to calculate the materials and components needed to manufacture a product. It ensures that materials are available for production and products are available for delivery to customers. MRP involves three primary steps: inventory management, bill of materials processing, and scheduling. It relies on data such as production schedules, inventory levels, and lead times. By analyzing these inputs, MRP helps manufacturers maintain optimal inventory levels, reduce waste, and improve production efficiency. Manufacturing Execution System (MES) A Manufacturing Execution System (MES) is a dynamic information system that monitors, tracks, documents, and controls the entire production process on the factory floor. The MES provides real-time data and insights, allowing manufacturers to manage and optimize production activities efficiently. Key functionalities of MES include work order management, ...