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material resource planning

 

Definitions from the Web

Material Resource Planning

Definition: Material Resource Planning (MRP) is a process used by companies to effectively plan and manage the inventory, production, and distribution of materials needed for manufacturing a product.

Sense 1: As a noun

Example sentence: The implementation of material resource planning systems has greatly improved the efficiency of our manufacturing process.

Sense 2: As a verb

Example sentence: Our production team is currently material resource planning for next month's production cycle.

Sense 3: As an adjective

Example sentence: The material resource planning department is responsible for ensuring a smooth flow of inventory through the production line.

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