MRP vs Just in Time production
1) Meaning
MRP = Material Resource Planning/ Material Requirement Planning
It a tool used for planning of resources which will be required in the process of production
JIT = Just - In - Time
It is concerned with the time period of reaching of actual orders of raw materials in order to minimise the wastage
2) Aim
MRP
Its aim is to ensure the availability of materials for the production and delivery
JIT
It's aim is to reduce lead time and set up time
3) Sales Type
MRP
It uses the forecast sales for planning the resources
JIT
It uses the sales amount of actual orders
4) Suitability
MRP
It is suitable when there is Long lead times
JIT
It is suitable for short lead time
5) IMPACT ON PROCESS
MRP
It gives control to the system
JIT
It increases and enhances the value of the process
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