Material Resource Planning (MRP)
It is a standard supply planning system to help businesses, primarily product-based manufacturers, understand inventory requirements while balancing supply and demand. Businesses use MRP systems, which are subsets of supply chain management systems, to efficiently manage inventory, schedule production and deliver the right product—on time and at optimal cost.
MRP gives businesses visibility into the inventory requirements needed to meet demand, helping your business optimize inventory levels and production schedules.
Many manufacturing companies face enormous difficulties in controlling the manufacturing process in this highly competitive world. To meet such challenges, Odoo ERP is the optimum choice for the manufacturing industry. The primary goal of these odoo provided processes is to increase productivity, maintain quality, at low costs, which can be accomplished by Odoo provided solutions.