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Managing MRP-Materials Requirement Planning

The effects of an unbalanced production schedule include chaos on the shop floor, increased costs for expedited deliveries and shipping, personnel overtime costs, and constantly changing delivery dates to customers. The solution is Material Requirements Planning, which puts everyone on the same page by generating planned orders, keeping priorities straight, and keeping the schedule balanced with the use of Capacity Resource Planning.

This course includes detailed descriptions of the principles, functions, and benefits of Material Requirements Planning (MRP) and Capacity Requirements Planning (CRP).

Other topics include Production Strategies and their relationship to MRP, the logic of assigning Part Numbers, types of Bills of Material (BOM), Inventory Management and Control, Order Point Concepts, Costs of Inventory, and a section describing Supply Chain Management (SCM) strategies and selection of Supplier Partners to reduce costs and maintain Supply Chain Visibility.

This is a core course in the Operations Resource Management Certificate Program