Role of using material requirements planning

Reference no: EM133675506

You have learned about the important role of using material requirements planning (MRP) to ensure that materials are available when a company needs them and to minimize unnecessary inventory taking up space and costing money. This exercise will provide you with an opportunity to develop an MRP for your small business that is rapidly growing.

Your company manufactures sanitizing products, and the recent pandemic has caused your business to triple overnight with no sign of slowing down. This growth has made you rethink the way in which you are running your business and fulfilling orders.

Review the article Not Just for Manufacturing, Material Requirements Planning (MRP) is Indispensable for Any Business for more information on the importance of an MRP.

A paper that covers the following topics:

What questions do you feel your team should ask in addition to the 3 key questions when planning for MRP?
Describe the steps and processes that you feel are necessary for your company's MRP and explain their importance.
Discuss the obstacles you might run into using your MRP and what you plan to do to resolve them.

Reference no: EM133675506

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