What is the process of tracing upward in the bill of material from the component to the parent item in order to determine the cause for the component requirement?

Material Requirements Planning (MRP) and Enterprise Resource Planning (ERP) are both types of manufacturing software that can help businesses streamline efficiency and make real-time decisions.  MRP is a stand-alone system that helps manufacturers plan what raw materials are needed for production, when, and how much is needed. MRP systems can help with: Stock control, Production scheduling, Inventory management, and Supply chain management.  ERP is a comprehensive software system or package for managing day-to-day business operations. ERP systems can help with: finances, project management,... Show more

Material Requirements Planning (MRP) and Enterprise Resource Planning (ERP) are both types of manufacturing software that can help businesses streamline efficiency and make real-time decisions. 

MRP is a stand-alone system that helps manufacturers plan what raw materials are needed for production, when, and how much is needed. MRP systems can help with: Stock control, Production scheduling, Inventory management, and Supply chain management. 
ERP is a comprehensive software system or package for managing day-to-day business operations. ERP systems can help with: finances, project management, staffing, and manufacturing. 
MRP is closely related to ERP and is sometimes one of many modules in ERP software. MRP is focused on manufacturing processes specifically, while ERP platforms provide a range of solutions, including HR, CRM and accounting. 

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