Material requirements planning (MRP) is a computer-based inventory management system designed to assist production managers in scheduling and placing orders for items of dependent demand. Dependent ...

It includes building relationships with suppliers, planning ahead, and making strategic decisions that help the whole company succeed. Brex walks you through the basics of material procurement and ...

Material procurement covers the entire process from need identification through receipt and payment for goods, including supplier management. Sourcing focuses on identifying, vetting, and establishing ...