Material requirement planning (MRP) is a process that ensures the availability of materials. It is used to procure or produce the required quantities on time for both internal purposes and sales. This process involves monitoring stocks and creating procurement proposals for purchasing and plan orders for production. MRP is designed for production where finished goods are produced as per demand.
Specialized for a Colorant Manufacturing company, this AS-IS TO-BE BBP document outlines the business process of Production Planning from the demands flowing from different sources like Forecast and Sales Order.