Hourly MRP Overview
FastMRP™, an hourly material requirements planning MRP tool, allows for true just in time JIT manufacturing by exploding bills of materials on demand using a rule based generic bill of material. Hourly FastMRP™ is a material demand planning & ordering tool that calculates with accuracy equal to the takt time of a manufacturer’s assembly line. This hourly material requirements planning MRP tool can model, simulate and order production parts. FastMRP™ determines at what time deliveries are needed at the point of application (POA). Hourly JIT pull signals can then be distributed to all suppliers in the supply chain via the internet for business-to-business (B2B) collaboration.
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FastMRP™ tools and methods deliver distinct operational improvements over traditional MRP solutions.
- Elimination of inbound warehouses
- FastMRP runs on lower cost CPUs versus classical mainframe ERP packages
- Complete regeneration of bills of material with each new plan
- Engineering changes included
- Schedule changes included
- Order changes included
- Hourly versus daily planning buckets
- Internal and external pull signals are generated at the same time
- Low variable inventory levels based on actual demand
- CPU run-time in minutes versus hours
- Demand driven requirements can be regenerated every hour
- Provides constant monitoring and alert notification of part shortages
- Effects of engineering changes communicated to suppliers quickly
FastMRP™ is an application solution that runs on a Microsoft Windows, Linux or Unix based workstation.
FastMRP™ is compatible with IBM Websphere Interchange Server technology, which allows integration with BAAN, SAP, I2, QAD, eMatrix, Oracle, PeopleSoft and many other applications.