MRP & Inventory Forecast
- Material Requirements Planning (MRP) delivers suggested buy quantities based on supply/demand forecasting and ROP kanban levels. Automatic POs per material requirements supply/demand analysis (i.e. queued for approval and PO placement). Identify real-time shortages of material based on work order component and subassembly requirements.
- Real-time material shortage reporting to identify work orders that will be “short” or “late” as of the Ship Date for that order (due to unavailability of components or subassemblies that comprise the top level part for the order). Drill into why a work order will be late given current supply/demand forecast.
- Forecasting tools help you plan better and buy material based on forecasted demand against current inventory levels, open POs, and supplier lead times. Report on need-to-buy quantities of material based on ROP (re-order point) values. Identify real-time shortages of material based on work order component and subassembly requirements.