Invera’s Web-Based MRP Platform Enables Data-Driven Planning, PurchasingDecember 16, 2021
Invera has released Invex-MRP, a web-based material requirements planning (MRP) application for metal service centers. The platform uses forecasting algorithms fully integrated with real-time data from Invex ERP to enable data-driven planning and purchasing decisions.
Invex-MRP, say company officials, is a must-have tool for service centers that enter into part-specific customer contracts. Here, finished goods are produced to a customer part, and typically purchased from the same purchased part. This can commonly be found in flat-rolled service centers that produce slit coil or sheet on a repeated basis to meet customer contracted requirements.
Among the benefits of Invex-MRP:
• Supply-chain and procurement staff can quickly see what products need to be replenished within a timeframe, eliminating the need to manually estimate shortages.