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With effective resource planning organizations can reduce inventory and service costs, improve efficiencies, and establish methods for continuous improvement. Depending upon the type of resource there is a different type of planning that must take place. This can include; material requirements planning (MRP), capacity requirements planning (CRP), enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), or product lifecycle management (PLM).

For this discussion you will need to have carefully reviewed the learning events in the classroom and completed additional research (in the virtual library or on the internet) on two specific types of resource planning.

For this project you will need to have carefully reviewed the learning events in the classroom and completed additional research (in the virtual library or on the internet) on two specific types of resource planning.

1. Based on your reading and research describe whether or not you believe ERP and MRP are the only resource planning processes applicable to manufactured processes?

2. Can either ERP or MRP be used for service industries or can they only be used for manufacturing organizations?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M958779

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