MRP vs. MPS: What are the differences? | TechTarget
Summary
Manufacturers rely on carefully controlled production processes to create the finished goods that they sell to wholesalers, retailers and other customers. For example, a retailer selling a television and ordering a new one from a manufacturer creates independent demand for that TV. For a TV, the dependent demand might be for a screen, power adapter and remote control, among other parts. An MPS can help ensure that the manufacturer meets customer requirements and minimizes the lead time to produce finished items. This integration enables manufacturers to manage dependent and independent demand and maximize product availability.
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industries
Manufacturing Industry
applications
ERP & Process Management
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