Whenever you talk about manufacturing businesses, no matter whether discrete or process manufacturing, the terms Enterprise Resource Planning (ERP) and Material Requirements Planning (MRP) invariably ...

Material Requirements Planning (MRP) is software that helps companies estimate the required quantities of raw materials, maintain inventory levels, and ensure manufacturing has all the items needed to ...

We're a small manufacturer that produces hardware systems with unique serial numbers that we track through assembly, QC, a small amount of rental business, and post-sales service (both for RMAs, and ...

I’ve been working with several of my New York Institute of Technology MBA students in various practicums I’ve setup. I’m finding a lot of them have extensive backgrounds and studies in supply chain ...

Companies decide to migrate from an existing manufacturing system for several reasons, but the main justification will be that it no longer meets their needs. However, changing MRP/ERP systems is ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...

We’ve all heard the saying, “Time is money,” and that statement is more true today than ever. For small business owners, time and money are precious resources. Fortunately, the right technology can ...

Best for large enterprises: SAP S/4HANA ERP Best for large amounts of data: Oracle Fusion Cloud ERP Best for Windows users: Microsoft Dynamics 365 Best for large industrial organizations: Infor M3 ERP ...