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material requirements planning (MRP)

Material Requirements Planning (MRP) is an automated and integrated demand planning and resource planning in Supply Chain Management ( SCM) and in industrial processes. Like Economic Order Quantity (EOQ), Material Requirements Planning is part of the development of Supply Chain Management and the Value Chain Management ( VCM) based on it.

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Englisch: material requirements planning - MRP
Updated at: 05.01.2021
#Words: 49
Links: demand planning, supply chain management (SCM), virtual channel memory (VCM),
Translations: DE
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