Available to Promise is a feature of MRP systems that identifies the difference between the number of units currently included in the master schedule and the actual (firm) customer orders.
- A material requirements planning (MRP) system identifies what raw materials, components, and subassemblies are needed based on demand and the bill of materials, as well as when to assemble the finished goods (BOM).
- Material requirements planning was the first computer-based inventory management system (MRP).
- MRP systems aids in the development of a manufacturing plan for finished goods by determining the quantity of components and raw materials that must be kept in stock.
- MRP systems reduces inventory, shortens customer lead times, assures materials and components are available when needed, and boosts customer satisfaction.
- MRP systems necessitates correct data, is costly to implement, and adheres to a strict production schedule.
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