Automated material resource planning systems can substantially improve the effectiveness and accuracy of these material planning and control processes, letting managers integrate material requirements from bills of materials (BOMs), track inventory levels, and collect raw data to support deeper analytic insights than would be possible with an MRP system built on manual entry.
Before almost anything else, a manufacturing company must gain access to material resources to create their product and profit. When the correct resources are available in the appropriate quantities at production time, factories can work efficiently and with a minimum backlog.
MRP solutions can connect and communicate with manufacturing execution system (MES) software to support your tracking, documentation, and validation needs. They are often found as a component within a broader enterprise resource planning (ERP) suite, which monitors and controls costs for manufacturing and other areas such as human resources, sales, and distribution.
While many types of material resource planning software are optimized for different industry and manufacturing needs, these solutions typically include:
Detailed inventories of materials on-hand, supporting control of resources.
Data on how, when, and where material resources were acquired and used.
Real-time records of when and where resources were consumed.
Alerts for key personnel when inventory drops below certain critical levels.
Integrated MRPs provide data for MES-supported functions such as track and trace, quality management, and resource planning.
MRPs yield detailed quantitative reports that can be used to evaluate, compare, and predict material requirements over time or for different projects.
Precise records minimize wasteful excess inventory and maximize your ability to plan for current and future material requirements.
Effective MRP solutions keep your production and delivery schedules intact by reducing the occurrence of resource shortfalls and availability bottlenecks.
By promoting streamlined inventories and on-time delivery, MRPs can keep costs low.
Good processes are essential for any manufacturing company because the availability and timely acquisition of resources directly affects your company’s bottom line in multiple ways. From developing timelines and avoiding bottlenecks all the way through to production and final delivery, material planning and control can make the difference between an on‐time, on‐budget project and one that runs schedule and cost overruns.
MRP software can be especially impactful for companies who use processes that are based on tedious and error‐prone manual entry, leading to significant cost savings and efficiencies on multiple fronts. Not all solutions are created equal. Make sure to choose one that’s easy‐to‐use and integrates well with other areas of operation, driving secondary efficiencies in production, shipping, and validation.