Mgmt 415 U3Ip

1108 Words5 Pages
Abstract Production planning and management is a complex task in any manufacturing business. The needs of the organization to plan and produce goods require accurate materials ordering, production scheduling, and inventory management. An organization would be remiss not to utilize technology to assist in their operations. Material requirement planning is essential in maintaining adequate supplies. Capacity requirement planning offers valuable information to management about their ability to produce and therefore make educated forecasts in regards to production. And finally, enterprise resource planning provides automation and integration in a company’s business processes from the beginning at sales to the end where product is delivered and billed. Computer software is available to assist in the day to day productions and provides a valuable service to the manufacturing company. Software Packages for PPQ Parts PPQ Parts is a manufacturer of small SUV parts. The company is growing and requires updated software systems for the company’s material requirements planning (MRP), capacity requirement planning (CRP), and enterprise resource planning (ERP) needs. A member of the management team has been tasked with selecting a software package that will benefit and meet the firm’s business needs. Material Requirements Planning (MRP) is a computer-based management system for inventory (Benefits of MRP, n.d.). It is designed to help production managers with scheduling and ordering raw materials and parts for production of finished products (Benefits of MRP, n.d.). The MRP system benefits companies by helping production managers maintain adequate inventory levels; keeping costs contained by not carrying too much inventory; and tracking materials (Benefits of MRP, n.d.). MRP also provides

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