WHAT IS O3 MRP?
Organizations whose business involves production processes face daily at the following decisions: How much to produce? When to produce? What should be the purchasing plan of raw materials? How to minimize the existing stock in order to ensure a proper and timely response to future demand?
O3 MRP is a solution developed from the simulation platform “O3 Planner” to assist in production planning in the organizations.
O3 MRP facilitates the management of production processes of the organization, becoming an effective means of accomplishment of the three fundamental objectives of the area:
- Ensure raw materials stock and final products for the moment in which they are required.
- Minimum possible stock or inventory.
- Based on the objectives above-mentioned, the last objective is to have a raw materials purchases plan and a master production plan.