Tools and information for freelances
Planning is a key element in supply chain management. The manufacturing plan consists in creating work and material requirements based on product demand.Building an accurate plan is vital to satisfy customers’ requirements and reach equilibrium between supply and demand. Accurate plan means accurate forcast and reliable data… Demand is composed of: Sales Orders Sales forecast*…
When running unconstrained plan, The MRP generates a supply plan based on the supposed infinite availability of materials and resources. When running a constrained plan, material and resources availability is limited, you can choose to enforce capacity constraints or to enforce demand due dates. Enforce capacity constraints: Your plan will not violate supplier, manufacturing and…
Lead Time is the time between the initiation of a process and its completion. In Supply Chain Management there are 2 types of lead times: Manufacturing Lead Time Information Lead Time Manufacturing lead times As shown above, there are 4 different types of lead times required to make an item or an item lot. Preprocessing…