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MATERIAL REQUIREMENTS PLANNING SYSTEM:
The purpose of this system is to provide the information and control for the company to plan and manage effectively the production and execution of the sales forecast and master schedule.
The information derived from this system not only indicates the material requirements and order processing necessary to meet a company's plan, but also assists management in planning and monitoring cash flow.
Specific management objectives are:
  1. To minimize the amount of inventory on-hand and on-order to support the master production schedule;
  2. To plan purchases and production with the correct timing and priority;
  3. To determine the cost impact of executing the master production schedule.
JOB ORDER CONTROL SYSTEM:
The aim of this module is to allow the user to tie production activity and costs to a job. Production budgets and job estimates can be built from the cost data defined for the components and assemblies to be used in the job.
Detailed cost reporting can be provided to monitor all costs charged to the job.
Specific management objectives are:
  1. To provide realistic job cost budgets and estimates;
  2. To control the costs of jobs;
  3. To monitor the progress of jobs through the production processes;
  4. To provide actual cost variance reporting.
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