GSCM 206 Materials Requirements Planning and ERP

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GSCM 206 Materials Requirements Planning and ERP
Consider the planning process and structure for developing a master production…

 

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GSCM 206 Materials Requirements Planning and ERP

GSCM 206 Materials Requirements Planning and ERP

Discussions Week 6 All Posts 33 Pages 

Consider the planning process and structure for developing a master production schedule (MPS) and materials requirements planning (MRP). Identify the advances and integration effects of ERP. Has anyone ever participated in a physical count of inventory? If so, how long did it take? Material Requirement Planning systems are only as good as the information that is imputed into them.

If you input wrong information (such as wrong inventory counts), you’re going to get wrong information back.  When this happens, items that are sold are no longer in-stock; even though the system shows it’s available. To help solve this problem, many companies use Cycle Counting.

What is Cycle Counting and what is the advantages of using it? Define what the Bill of Material is?  As a flow-over from the inventory management discussion thread, How does an ABC approach improve inventory management?…