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Production planning involves several components that together manage a production run Bill of Materials (BOM) , Material Requirements Plan (MRP), and Master Production Schedule (MPS). The post Future-Proof Your Manufacturing Business With ERP appeared first on SYSPRO Blog. These must be coordinated in detail.
A BOM may be a relatively simple document or a complex, multi-levelled product description made from multiple sub-assemblies. The combination of MPS, BOM and MRP information determines the items to be manufactured, in what quantities and by when, and what must be procured.
Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection.
It is worthwhile to document how each component is procured e.g. the manufacturer, or supplier used, the lead time, whether it is made-to-order or off-the-shelf etc. These accurate and timely BOM forecasts can then feed into the ERP or MRP systems for purchase orders to be created. Procurement type.
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