Material resource planning for textiles.pptx

Introduction to Material resource planning.

1. What is MRP? Materials requirements planning, referred to by the initials MRP, is a technique which assists a company in the detailed planning of its production. For example, the master production schedule sets out an aggregate plan for production. MRP translates that aggregate plan into an extremely detailed plan It is a planning technique which converts master production schedule of end products into detailed schedule for raw materials and parts used in those end Product. MRP is a means for determining the number of parts, components, and materials needed to produce a product MRP is a production planning, scheduling, and inventory control system used to manage manufacturing processes

2. Objectives of MRP Inventory reduction: Determines how many components are needed and when in order to meet MPS Reduction in production and delivery lead times : It helps to meet delivery deadlines by coordinating inventories, procurement & production decision Realistic commitments : Improves customer satisfaction. Ensure materials are available for production and products are available for delivery to customers . Maintain the lowest possible material and product levels in store Plan manufacturing activities, delivery schedules and purchasing activities 2 05/06/2024

3. Functions of MRP The basic functions of an MRP system include: Inventory control, bill of material processing, and elementary scheduling. MRP helps organizations to maintain low inventory levels . Companies need to control the types and quantities of materials they purchase, plan which products are to be produced and in what quantities and ensure that they are able to meet current and future customer demand, all at the lowest possible cost . Making a bad decision in any of these areas will make the company lose money. Inputs to MRP 3 05/06/2024

4. Benefits of MRP

5. Why MRP and ERP in Apparel or Textile industry? The Apparel and Textile industry is really complex. Apparel and textile industry sees a lot of variation every minute. With introduction of new production systems like Lean and Modular which have been successful in Automotive, Apparel and Textile industry also got into the trend of same.

6. Role of ERP and MRP in apparel industry ERP and MRP has been in Apparel and Textile industry for quite a long time. The need of ERP came when industry required smarter way of working and reducing data redundancy. focus on reducing Work In Progress and Waste and Increasing initiative on operator training. To support manufacturing system many Solutions to Apparel and Textile Industry are being proposed; right from Material Handling, Material tracking to ERP. As the competition is increasing and margins and timelines are being reduced, people in Apparel and Textile Industry have started realizing that need for cost control and utilizing the Enterprise wide resources to the maximum have become essential. ERP comes as a rescue to all these issues. ERP in apparel industry includes: sales and marketing, shop floor control…

7. Innnovation in Retailing Some modern innovations in retail: Modern retail businesses such as malls, specialty stores, and hypermarkets are using micro development and contemporary technology to increase customers’ shopping experience and in turn generate business revenue. Around the year 2000, online retail startups started changing the face of retail businesses around the world. Social media websites such as Facebook changed consumer behavior as well as made retailers sweat out to take the benefits and develop their brands. Modern e-commerce facilities enable faster transactions and allow purchase on a simple 30-day credit facility. 7 05/06/2024

8. Payment 8 05/06/2024

9. Delivery 9 05/06/2024

10. Experience 10 05/06/2024