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What is Distribution Resource Planning mean?
Distribution resource planning (DRP) is a method used in business administration for planning orders within a supply chain. DRP enables the user to set certain inventory control parameters (like a safety stock) and calculate the time-phased inventory requirements. This process is also commonly referred to as distribution requirements planning.
DRP uses several variables:
the required quantity of product needed at the beginning of a periodthe constrained quantity of product available at the beginning of a periodthe recommended order quantity at the beginning of a periodthe backordered demand at the end of a periodthe on-hand inventory at the end of a periodDRP needs the following information:
the demand in a future periodthe scheduled receipts at the beginning of a periodthe on-hand inventory at the beginning of a periodthe safety stock requirement for a period referencePosted on 16 Nov 2024, this text provides information on Miscellaneous in Computing related to Computing. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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