Home > Terms > English, UK (UE) > Manufacturing resource planning (MRPII)
Manufacturing resource planning (MRPII)
The extension of closed-loop MRP that includes and integrates financial and simulation systems. It includes all organisational functions related to long-term strategic and business planning, demand planning, materials planning, resource planning, and production and vendor scheduling and execution. It assumes the use of a base, integrated system and the sharing of a common database and operating parameters by all functions and departments.
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- Part of Speech: noun
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- Industry/Domain: Software
- Category: Supply chain
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