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Since the 1960s, companies have been relying on MRP for inventory management. Its forecasting abilities have found tremendous applications in the manufacturing industry but there should be no qualms in accepting that its advantages have been far blown out of proportion in contemporary times. This article talks about why traditional planning is falling out of use and why manufacturing ERP needs a complete reformation.
Reasons why traditional manufacturing planning is falling out of use:
Also Read: Benefits of Material Management in ERP
How traditional planning is transforming?
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