Manufacturer resource planning
(MRP II) A system based on MRP which allows manufacturers to optimise materials, procurement, manufacturing processes, etc., and provide financial and planning reports.
In the late 1970s and early 1980s, manufacturers integrated MRP and other manufacturing and business functions. This renaissance is commonly known as Manufacturing Resource Planning (MRP II). According to the American Production and Inventory Control Society, Inc. (APICS), MRP II is a method for the effective planning of all resources of a manufacturing company. Ideally, it addresses operational planning in units, financial planning in dollars, and has a simulation capability to answer “what if” questions. It includes business planning, sales and operations planning, production scheduling, material requirements planning (MRP), capacity requirements planning, and the execution support systems for capacity and material. Output from these systems is integrated with financial reports such as the business plan, purchase commitment report, shipping budget, and inventory projections in dollars. Manufacturing resource planning is a direct outgrowth and extension of closed-loop MRP.
See also Enterprise Resource Planning, SAP R/2, R/3, and Baan.
[man-yuh-fak-cher-er] /ˌmæn yəˈfæk tʃər ər/ noun 1. a person, group, or company that owns or runs a plant. 2. a person, group, or company that . /ˌmænjʊˈfæktʃərə/ noun 1. a person or business concern that manufactures goods or owns a factory n. 1719, “worker in a manufacturing establishment,” agent noun from manufacture (v.). Meaning “one […]
- Manufacturers automation protocol
Manufacturing Automation Protocol
[man-yuh-fak-cher] /ˌmæn yəˈfæk tʃər/ noun 1. the making of goods or wares by manual labor or by machinery, especially on a large scale: the manufacture of television sets. 2. the making or producing of anything; generation: the manufacture of body cells. 3. the thing or material manufactured; product: Plastic is an important manufacture. verb (used […]
- Manufacturing automation protocol
protocol (MAP) A set of protocols developed by General Motors based on Token Bus (IEEE 802.4) and giving predictable real-time response. (1994-10-21)
/ˌmɑːnuːˈhiːrɪ/ noun (NZ) 1. a visitor to a Māori marae 2. a Māori term for a non-Māori person, seen as a guest in the country