Why ERP is required for Material Planning?
For any growing business enterprises it is important to have a reliable and user-friendly ERP system with a genuine MRP module. NFRA Eresource ERP's Material Planning can organize, schedule and reschedule materials as far into the future as required.
Every organization has its own strategy to achieve pre-conceived target contradictory to working ideas expressed by their marketing or accounts departments. The marketing group wants to make sure there are enough inventories on hand to fulfill all customer requests, the accounting group is charged with keeping cost down, which includes keeping inventory levels low. In the middle is the inventory control group.
Eresource ERP's will gives you an instant picture of projected inventory investment levels, as well as projected new purchases in accordance with your plan. This provides an added dimension of visibility for directing the planning focus on the most significant areas of your investment. This also helps you to validate a plan financially and make swift adjustments before committing your cash.
The aim of the eresource ERP's Material Requirements Planning (MRP) document is to supply information that will enable the company to have enough inventory on hand to fulfill demand, available only when needed, at a quality level that meets specification, and at the lowest price. Eresource ERP's MRP module can provide the basic needs of keeping inventory levels low and fulfilling customer expectations for on time delivery.
Eresource ERP's Material Requirements Planning or MRP assists you in getting material on hand when needed for production or sales. The four basic information provided by the eresource MRP module are: informing you
(1) when to place an order,
(2) how much quantity to be ordered,
(3) who should be the supplier and
(4) when the items to be delivered to you.
NFRA will show you the values of the material planning requried for the project as in what material is required, the quantity and the time of its requirement..
It will also shows the complete Bill of Material that includes planned and unplanned materials.
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