What are the best tools or methods to monitor and adjust MRP and capacity planning in real time?
Material requirements planning (MRP) is a system that helps you plan and manage the production and inventory of your products based on the demand and supply of materials. Capacity planning is a process that helps you determine the optimal level of resources and output that you can achieve within a given time frame. Both MRP and capacity planning are essential for ensuring efficiency, quality, and customer satisfaction in your manufacturing operations.
However, MRP and capacity planning are not static or fixed. They need to be constantly monitored and adjusted in real time to respond to changes in the market, customer preferences, supplier availability, production constraints, and other factors. How can you do that effectively and efficiently? Here are some of the best tools or methods that you can use to monitor and adjust MRP and capacity planning in real time.