Material Requirement Planning (MRP) is a production planning in an organization used to manage Manufacturing Processes. It also focuses in maintaining the lowest possible level of Inventory and plan Manufacturing Activities, Delivery Schedules, and Purchasing Activities.
Material Requirement Planning (MRP) is an add-on module to Tally.ERP 9, which allows the user to work out the production and purchase requirement based on the Tally data as to sales orders/ sales plans, pending purchase orders, minimum stocks, Reorder level etc worked with the Bill of Materials for finished Goods and semi finished goods.
The Material Resource Planning(MRP) Module can help you eliminate Purchasing and Scheduling problems. It is designed to simplify and speed up the work processes of Purchasing, Inventory, and Production Managers, enabling them to plan more effectively in Tally.ERP 9.