Course Content

Course Content


MRP stands for Manufacturing Resource Planning. It is a computerized system to manage the production and inventory of goods. MRP can be used in different types of industries like manufacturing, retail, and logistics.

Set an hourly amount you wish to earn from your business and divide it by the number of things you can manufacture in that time to price your time.

The price allocated to things purchased via the internet is known as online pricing. Some retailers sell things both online and in their physical stores, while others sell items only online or at a physical location for in-person purchases.

There are three steps to set MRP. The first step is to understand the requirements. The second step is to create the MRP plan. The third step is to implement the MRP plan.

Setting MRP is a way to save time and money. It also enables companies to forecast their production needs ahead of time, so they can buy the right materials.

Recommended Courses

Share With Friend

Have a friend to whom you would want to share this course?

Download LearnVern App

App Preview Image
App QR Code Image
Code Scan or Download the app
Google Play Store
Apple App Store
598K+ Downloads
App Download Section Circle 1
4.57 Avg. Ratings
App Download Section Circle 2
15K+ Reviews
App Download Section Circle 3
  • Learn anywhere on the go
  • Get regular updates about your enrolled or new courses
  • Share content with your friends
  • Evaluate your progress through practice tests
  • No internet connection needed
  • Enroll for the webinar and join at the time of the webinar from anywhere