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Material requirements planning systems add a level of automation to inventory control. When you set minimum and maximum stock levels on a simple inventory, you are beginning to use MRP principles.
“These new innovations bring powerful Demand Driven MRP principles to our native NetSuite solution, making supply chain planning and execution easier and more efficient,” said Erik Bush, CEO ...
“That’s just basic MRP principles,” Plotkin said. “One of the additional items we have that’s not on the traditional MRP is ‘day’s planned inventory.’” ...