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Melly767 Melly767
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Compare and contrast materials requirement planning (MRP) and enterprise resource planning (ERP).
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Business in Action


Edition: 9th
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slpmslpm
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Material requirements planning (MRP) helps a manufacturer get the correct materials where and when they are needed, without unnecessary stockpiling. Managers use MRP software to calculate when certain materials will be required, when they should be ordered, and when they should be delivered so that storage costs will be minimal. Because these systems are so effective at reducing inventory levels, they are used almost universally in both large and small manufacturing firms.
Enterprise resource planning (ERP) extends the scope of resource planning and management even further to encompass the entire organization. Typical ERP software programs consist of modules that address the needs of the various functional areas, from manufacturing to sales to human resources. Some companies deploy ERP on a global scale, with a single centralized system connecting all their operations worldwide.

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