In this article, we explore the differences — and similarities — between manufacturing planning systemsMPS (Master Production Scheduling)andMRP (Material Requirements Planning), and the business cases that warrant the use of each. When to use MPS versus MRP Demand is a key driver for any invent...
Explain the difference between MRP & MPS. Though both components gives you the requirement list, what we gain out of MPS run rather than running MRP. What is the main idea behind this? The following might help in explaining the difference between MPS and its counter part MRP. Master Producti...
DYK: difference between marketing operating price and MRPTania Kishore Jaleel