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MRP vs Just in Time production


MRP vs Just in Time production

Business   Operations-Management   
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Answer #1

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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