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It means investing more cash upfront, so check that this is offset by the cheaper prices. Bulk shipments may also cost more in terms of container space, but you’ll have fewer shipments to send out.  \n@ 2023 Dynamic Communities  \nMRPin GP-It’s not as hard as you think  \n@ 2023 Dynamic Communities  \nMRPin GP-It’s not as hard as you think  \n• Cycle counting is where you regularly count small amounts of inventory. By checking just one type of product at a time, you can verify that the actual stock matches the numbers recorded in your inventory management software. If it doesn’t, you’ll know there’s a problem and you can perform a wider audit. Cycle counting doesn’t mean you never have to do a full stock take—you can just do it less frequently.  \n@ 2023 Dynamic Communities  \nMRPin GP-It’s not as hard as you think  \nMaterial requirements planning (MRP) is a system for calculating the materials and components needed to manufacture a product. It consists of three primary steps: taking inventory of the materials and components on hand, identifying which additional ones are needed and then scheduling their production or purchase.  \nWhat Inventory Control Techniques reviewed above would benefit from using Material Requirements Planning (MRP)?  \n@ 2023 Dynamic Communities  \nMRPin GP-It’s not as hard as you think  \n@ 2023 Dynamic Communities  \nMRPin GP-It’s not as hard as you think  \n@ 2023 Dynamic Communities  \nMRPin GP-It’s not as hard as you think  \nMake sure you are entering values at the Site level…not the Default level.  \n• Verify that the Replenishment Method Make, Buy or Make or Buy field is correct. *  \n• Establish Re-Order Points on the Item Resource Planning Card to include some level of safety stock in the re-order point quantity. *  \n• Ensure the MRP Checkbox is checked for item/sites you want MRP to evaluate on the Item Resource Planning Card (should be set the same on the Item Engineering Data Card) . Uncheck the box for item/sites you do not wish MRP to evaluate (ie: discontinued or inactive items or sites) . *  \n• Set your Order Policy (Not Planned, Lot for Lot, Fixed Order Quantity, Period Order Quantity, Use PO Gen) Definitions of the Order Policies are on the following slide *  \n@ 2023 Dynamic Communities","cbCailIDlVVYSCud","https://ap.wps.com/l/cbCailIDlVVYSCud","pdf",3921249,20,"English","# Agenda\n## MRP overview\n## Inventory control technique: cycle counting\n## MRP configuration and order policy","[{\"question\":\"What are the three primary steps of Material Requirements Planning (MRP)?\",\"answer\":\"MRP covers inventorying materials and components on hand, identifying additional items needed, and scheduling production or purchase for those items.\"},{\"question\":\"How does cycle counting support inventory accuracy?\",\"answer\":\"Cycle counting regularly counts small inventory amounts and compares actual stock with the numbers in inventory management software to flag problems early.\"},{\"question\":\"What configuration checks are recommended for running MRP in GP?\",\"answer\":\"Enter values at the Site level, verify the Replenishment Method, set reorder points with safety stock, ensure the MRP checkbox is enabled for evaluated item/sites, and choose the appropriate order policy.\"}]","MRP in GP - It’s not as hard as you think | PDF",1789151742,7]