Improved Inventory Management. Increased Production Efficiency. Better Customer Satisfaction. More Success.
What Is a Material Resource Planning Solution?
Simply put, MRP software enables manufacturers to have the right materials in the right place at the right time to produce their products. It is a robust tool that facilitates material planning, production planning, scheduling, inventory management, and delivery time management. Material resource planning solutions ensure that the customer demand is met at the right time with the right kind of products. Material resource planning is often a core module of enterprise resource planning (ERP) systems.
The Major Tasks of MRP Software
For an MRP to function properly, it needs some data inputs, such as customer orders, demand forecasts, production schedules and bills of materials. With this information, it performs vitals tasks like:
Prepares purchase orders, i.e., it tells you when to place an order with the suppliers and for how much good. It also tells you the tentative start and finish dates so you can stay on the production schedule. MRP software calculates the gap in the required quantity and available materials. It also provides material plans for raw materials and different components crucial for producing the final item.
Defines what needs to be produced and prepares work orders. Fetching information from the bills of materials or BOM, the MRP solution will determine the order of material requirements, their quantity, inter-dependent components and departments responsible at the stage of production.
MRP software generates insightful reports gathering all data, so you and your manufacturing unit get a bird’s eye view of each process and invested resources. These reports tell you about deviations, delays, and performances and predict future orders and material requirements.
Benefits of Material Resource Planning Solution
- Material resource planning tool helps maintain minimum inventory levels, which reduces wastage and associated costs like insurance, transportation, warehouse rent, pest control, etc.
- It tracks the materials to ensure that economic order quantity is achieved for all lot orders.
- MRP software accurately utilises the plant and employee capacity to meet the desired production levels based on demand forecasts.
- Material resource planning tools play a significant role in overcoming the challenges of understocking or overstocking, late shipments, poor customer service, production disruptions and added costs.
Who uses MRP Software?
Although MRP solutions are mostly associated with manufacturers, these can be used by any individual or organisation that acquires materials in one form and transforms them into another good with or without changing its basic composition and prepares it for the final consumer. This includes:
Warehouses
Packaging and kitting: Warehouses where an assortment of items are assembled to prepare kits, bundles or combinations for reselling as a comprehensive unit.
Custom Assembly: Warehouses that pack primary products and optional add-ons and prepare the customised parcel for shipment.
Service Providers
Service packages: Certain service providers provide packages of consumables, devices, documents and other items to their clients/guests/patients. Such establishments can benefit from using MRP software.
Other Industries
Office building management, hospitals, government building managers, and apartment managers: These organisations sometimes use an MRP to manage the supply of goods and equipment depending on forecasted use.
Restaurants: Restaurants also use management resource planning solutions to manage their inventory and place timely replenishment orders.
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MRP Software Services Silver Touch Technologies Offers
Trusted MRP software providers such as Silver Touch Technologies offer various services that help small and large-scale manufacturers adopt robust MRP solutions. There are five services, namely:
Consultation
The MRP professionals work closely with your organisation to identify the pain points and understand the short-term and long-term goals before choosing an MRP solution.
Customisation and Integration
Silver Touch Technologies ensures that the MRP software is tailor-made for your company and meets the industry requirements. Therefore, the experts offer different customisation and integration services to the clients.
Implementation
The MRP implementation team employs the industry’s best practices and follows a well-planned roadmap that includes milestones such as data migration, system configuration, testing, training, and post-sale services.
Training
Silver Touch Technology recognises the need for proper technical know-how to effectively operate MRP software. Therefore, we offer detailed training sessions to your employees so they can leverage all the functionalities of the MRP.
Support
Whether you are a first-time client or a seasoned user- the team of MRP experts is present 24/7 to extend technical support to all customers.
You May Also Like to Read: Best Cloud ERP For Manufacturing Industry
Why Choose Silver Touch Technologies?
Silver Touch Technologies has a collective experience of more than 27 years in the IT industry and offers multiple services in 30+ business verticals. The MRP experts provide end-to-end services and offer impeccable support to the clients. Our goal is to propel business growth through innovative solutions and dynamic digital transformation in all spheres of the production process.
Get in touch to know more!
FAQs on MRP Software for Manufacturing
Material resource planning is a solution that enables manufacturers and producers to plan production activities, have better control over their inventory, and satisfy customer demand.
