What is MRP (Materials Requirement Planning) Software?
Material Requirement Planning is a scheduling and inventory control software that calculates the number of components required for manufacturing finished goods and schedule its delivery. It was one of the first integrated systems with the objective of improving production capabilities and purchasing activities.
How an ERP Software Benefits Medical Device Manufacturing Industry?
Quality is paramount in medical device manufacturing industry. A slippage down the line can result in severe consequences which may be life-threatening. This is the reason almost every medical device manufacturer faces a lot of challenges regarding financial management, customer relationship, cost, productivity management and supply chain. Well, it is globally accepted that ERP is a one-stop solution for every hassle in the manufacturing industry.