Master Data Information Essay

1768 Words 8 Pages
INTRODUCTION
Materials Requirement Planning (MRP) is one of the integral production control techniques used in Enterprise resource planning(ERP). It calculates the net requirements for materials based on its dependence on other materials and develop procurement proposals which are often in the form of purchase requisitions and planned orders. The MRP creates planned orders for all finished and semi-finished products and aims to make sure that the company has sufficient availability of material to meet its requirements. In ERP, the Master Data is a key factor in the successful implementation of the production process. It sorts and stores data automatically, based on their functions and distinctive characteristics. The Material Master Data
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INTRODUCTION
Materials Requirement Planning (MRP) is one of the integral production control techniques used in Enterprise resource planning(ERP). It calculates the net requirements for materials based on its dependence on other materials and develop procurement proposals which are often in the form of purchase requisitions and planned orders. The MRP creates planned orders for all finished and semi-finished products and aims to make sure that the company has sufficient availability of material to meet its requirements. In ERP, the Master Data is a key factor in the successful implementation of the production process. It sorts and stores data automatically, based on their functions and distinctive characteristics. The Material Master Data is the most commonly used type of Master data in business organizations. It contains all the essential information required to manage materials, the production of these materials, as well as their delivery information.
The material master data includes some key components which enables it to operate efficiently. They include, the Purchasing group, MRP controller, Base unit of measure, Lot size, procurement type, etc
PRODUCT PROFILE
DR Ltd is a manufacturing company involved in the production of aluminum alloy components which it uses to produce various household equipment, such as windows, doors, cabinets etc. In this production process, DR Ltd will be producing Aluminum DOOR-DR for its customers, based on their demand level.
In the MRP,
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