MRP Parameter Management: 1.5 days

What the course covers:

The MRP Parameter course will enable the delegates to understand

  • MRP parameters and how they work within the Business systems, their importance and the key benefits in using the MRP compliance approach to parameter management.
  • The course will look at techniques for determining the optimum using EOQ, Pareto and k-curve approach to order quantity parameter settings and how understanding forecast error can determine the optimum safety stocks to deliver consistent customer service levels.
  • The MRP Parameters Management
    • Key elements in the MRP process
      • Bill of Materials
      • MRP explosion
    • MRP Effectiveness
      • What is MRP compliance / non compliance
      • Typical causes of non compliance
      • How to achieve higher compliance
    • MRP Parameters (Batch & Safety)
      • How the parameters affect the MRP process
      • Understanding Quantity and Time based parameters
      • Advantages / Disadvantages of Quantity and Time Based Parameters
    • Linking MRP and inventory
      • ABC Pareto and K-curve
      • Inventory Planning using K-curve

Ready to talk?

If you think this course is right for you or your team then call us to discuss logistics and costs on 01386 710 110 or send us a message. Or continue browsing the courses below.