What organizational disciplines are required in order for an organization to successfully run a material requirements planning system?
What will be an ideal response?
Answer: An MRP system needs accurate inputs in the form of a master schedule, bill of materials, inventory records, and planning lead times. An organization must have the organizational discipline to maintain inventory records as they use materials, receive orders from vendors, and ship finished goods. The organization must begin with accurate BOM data and update the data as product configurations change. The organization must have open lines of communication with their customers and vendors in order to verify that lead time and order quantity information is accurate and up-to-date.
Business