Material Requirements Planning (MRP)

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← Back to Blog What is Material Requirements Planning (MRP)? Material Requirements Planning is an inventory management system that helps businesses plan, track, schedule, and monitor their manufacturing processes and material usage more efficiently. MRPs typically have 3 main goals: Assure that production always has access to the required materials and components.Keep the lowest material […]

What is Inventory?

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While we often discuss inventory in terms of goods for sale, organizations – manufacturers, service-providers  also have inventories (fixtures, furniture, supplies, etc.) that they do not intend to sell.

6 things about smart inventory control in SMT industry

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Inventory control in electronics manufacturing industry involves managing inventory (also known as stock) from the time it lands in the warehouse to the time it leaves. Good inventory control can ensure reliable production, frees up organization resource by keeping stock levels low – while avoiding running out altogether.