Make-to-order-vs-make-to-stock

Make-to-order-vs-make-to-stock

ERPAG 5.1 Make-to-order vs make-to-stock What is the difference between make to order and make to stock? Which business model fits better? When should we use one or another? What are the pros and cons of using make-to-order and make-to-stock? Few introduction...
Reordering-point-and-reorder-formula

Reordering-point-and-reorder-formula

ERPAG 5.1 Reordering point and reorder formula   How do you calculate ROP? Do I have a reordering point in MRP software? Do ERP solutions support ROPs? By definition, reorder point (ROP) is the level of inventory which triggers an action to replenish that particular...
MRP-system

MRP-system

ERPAG 5.1 MRP System What is MRP system? What are the benefits of using MRP system? How to implement one? In past blogs, we have already covered basic concepts of  MRP systems. We have also analyzed the difference between ERP / MRP system. Today we will cover modern...
ERPAG MRP System