Parts distributors need an efficient equipment inventory system to predict, maintain, and schedule production and delivery more accurately. While many enterprise resource planning (ERP) solutions offer visibility into supply and demand so that businesses can make better decisions, some parts distributors still need more. With the addition of a material requirements planning (MRP) module, distributors can combine business data with inventory information to better address their equipment-specific needs.
MRP is a systematic way to plan for every part so that distributors can count on optimal inventory.
MRP modules can help maintain a strict production schedule. They work backward to determine which part is needed and what its destination should be. Then, the module establishes from where the part will ship and how much it will cost to acquire and transport. While MRP systems can stand alone, it’s tough to beat the automation and end-to-end visibility possible when they are integrated with an ERP solution.