Primarily due to rapid development of technology in the past thirty years, the market structure throughout the world has changed considerably. Local markets have become accessible to foreign manufacturers, who are able to perform well in their newly established territories in part due to their superior application of technology. In this light, most companies, including small and medium size, have embedded globalization in their expansion strategies, consistently seeking for new markets abroad. Consequently, local manufacturing companies are facing global competition, forcing them to adopt new concepts with respect to people, process and technologies. This document describes these approaches to production planning in detail as well outlines a software solution. The software solution (Production/3) combines both pull and push techniques and enables small to medium size organizations to fully automate their production system while retaining their investment in their legacy enterprise resource planning (ERP) systems.
inventory control techniques .ppt
the American Production and Inventory Control (APICS) strongly promoted material requirements planning (MRP) an effort to strengthen the American manufacturing industry and its position in international arena. MRP was hoisted to be the most prevalent production control system on a national level. Only after the success of Just-In-Time (JIT) , MRP´s dominant position in manufacturing industry was questioned. For example, with the help of JIT, Japanese manufacturers introduced superior products resulting