MRP Sharing

MRP Sharing is an exciting way of doing business that is based on an open partnership between customer and supplier. It greatly simplifies the material acquisition process. Pricing, package quantities, release quantities and receiving windows are all in place at the onset of use.

Delays in processing your orders are a thing of the past. Orders are handled according to your detailed guidelines using an application tailored to your specific needs.

Continual communication, enhancing a strong working relationship, has made this program a success and enables us to provide the highest quality of service to our customers.

Getting Started with MRP Sharing

• Decide which parts are to be included, regardless of cost or volume
• Determine the annual usage and price for each part
• Set MRP refresh schedule to review forecasts
• Establish communication format (EDI, direct computer-to-computer transfer, media transfer or faxable release)
• Agree on the use of invoices, type of acknowledgement to be used (hard POs, verbal PO numbers, etc.)

Benefits to MRP Sharing

Purchasing

• Reduces Suppliers
• Improves Order Accuracy
• Simplifies Routine
• Increases Productivity

Materials

• Reduces Acquisition Cost
• Supports JIT Procurement
• Reduces Cycle Time

Manufacturing

• Increases Inventory Velocity
• Reduces Acquisition Cost
• Improves Inventory Turns
• Reduces Manufacturing Lead Times

Quality

• Improves Order and Receipt Process
• Lower "Cost of Quality"

Finance

• Reduces Transaction Cost
• Increases Inventory Turns