About distribution requirement planning

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Reference no: EM132285207

Please give a brief reply or opinion on the discussion below: It's about Distribution Requirement Planning (DRP)

The DRP is “a bridge between the intrafirm MPC Systems used to manage internal resources and the interfirm systems used to link members of the supply chain” (Jacobs, pg 447 para 1). DRP is used to pass along demand information from receiving to supply and back again. This type of information can be used to carry information to the market and also provide information on the market to the company. The goal of the DRP is to reduce the cost that is associated with ordering, transporting, and holding goods.

Advantages of DRP & MPS

The right materials are available at the right time

Inventory is controlled better

Decrease in capital cost

Collecting more data for better planning

Disadvantages of DRP & MPS

Data accuracy can cause problems with planning

If no stable process exists results can be inventory level rise or inventory shortages

Service levels can suffer due to inaccurate information.

Reference no: EM132285207

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