Material Requirement Planning in Hindi | What is MRP in Hindi? | TechMoodly

Explained MRP which stand for Material Requirement Planning in Hindi. ERP (Enterprise Resource Planning) is successor of MRP and MRP 2.

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🎯 More Information on Video:

In simple words, material requirements planning (MRP) involves planning your inventory and manufacturing processes to fulfill customer orders efficiently. From our example, if Ron were using an MRP software instead of spreadsheets, he would get answers to questions like “What raw materials to order?”, “When to order them?”, “What quantity?”. In fact, most software today already answers these questions and automatically creates material requests (requisitions)/procurement orders enabling manufacturing operations to run smoothly.

Say if we want to create a cupboard as a finished product, the racks, drawers, doors, etc will be “sub-assemblies”. By combining the sub-assemblies, we get the final product. The sub-assemblies themselves will require raw materials and processing. The list of items required to create a sub-assembly/product is known as a bill of materials (BOM). The BOM can contain individual raw materials and sub-assemblies. The ones with sub-assemblies are called multilevel BOMs.
Did you know? In the 1970s, MRP software was one of the bigger steps towards creating what we today know as ERPs.

What does MRP software contain?

Now that you have an idea about what an MRP is, let’s take a look at what it contains. The term ERP has clouded MRP in the 21st century. An MRP system is a large subset of an ERP system. From a manufacturing perspective,

○ Production planning
○ Bill of materials (BOM)
○ Work orders
○ Shop floor management (using work stations efficiently)
○ Forecasts/reports
○ Sales and purchase orders
○ Accounting features to bill items

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