Manish Venkatesh’s Post

"Excited to share that I've just completed the course **'Review and Manage the SAP MRP List'** by Michael Management! 🚀 #SAP #MRP #SupplyChain #ContinuousLearning #MichaelManagement #ProfessionalDevelopment"

🌟"I'm thrilled to share that I recently finished my SAP MRP LIST accreditation on LinkedIn Learning! 🎓 With my extensive knowledge and useful abilities, I'm prepared to use this certification to improve supply chain management outcomes. I'm looking forward to using these insights to improve productivity and streamline procedures. #MRPLIST #SAP #SupplyChainManagement"🚀

Just finished Planning Basics in SAP! This course provided a comprehensive overview of planning concepts, including supply and demand dynamics, demand planning, and MRP fundamentals. I also gained valuable insights into SAP through demos on Make-to-Stock (MTS), Make-to-Order (MTO), and Reorder Point (ROP) planning. This training has equipped me with essential skills to enhance supply chain efficiency and demand forecasting in SAP environments. I'm looking forward to learning more about SAP and exploring new opportunities in this field. #SAP #SupplyChain #DemandPlanning #MRP #CareerGrowth #ContinuousLearning

Empowered and skilled after completing the LinkedIn Learning course on 'Review and Manage the SAP MRP List.' Ready to optimize processes and enhance efficiency in supply chain management. #SAPMRP #ContinuousLearning

Just finished the course “Material Requirements Planning (MRP) Strategies in SAP” by Michael Management! Check it out: https://lnkd.in/gA_fjXdx #saperp #materialrequirementsplanning. I have taken some notes for the simplicity. Please check this. Strategy 40 ·      Ind Requirements are consumed by incoming sales orders. ·      You want to sell from available stock in your plant and only produce or procure more bikes if your forecast or customer requirements exceed your available stock. ·      Procurement of components to build the bicycles typically occurs before the sales order, but if orders exceed forecast then you will have to procure more components to build more bikes ·      PGI the delivery, the stock is withdrawn from available stock. ·      Available Stock is part of the Net Requirements Calculation in MRP. ·      Sales Orders that exceed IndReq inside the consumption periods and exceed available stock will drive additional procurement after the sales order. Strategy 10 ·      This strategy is typically used in mass manufacturing or repetitive manufacturing operations. This strategy lends itself to production determined from forecasting and when sales orders are not to impact the production schedule. ·      Customer Requirements (i.e. sales orders) have no impact on the net requirements calculation. ·      Available Stock is part of the Net Requirements Calculation in MRP. ·      Goods Issuing the delivery is what ultimately reduces the IndReq from the plan. Strategy 11 ·      This strategy is typically used in mass manufacturing or repetitive manufacturing operations. This strategy lends itself to production that has to be carried out regardless of whether you have stock. ·      Steel or cement industry ·      Customer Requirements (i.e. sales orders) have no impact on the net requirements calculation. ·      Available Stock is not part of the Net Requirements Calculation in MRP ·      Goods Receipt of the procurement order reduces the IndReq from the plan. Strategy 50 ·      This strategy is most effective if you use a make to stock strategy for the component levels below the final product and then use this strategy on the final assembly. Strategy 20 ·      There is no demand management stage in this strategy because the final product can not be forecasted. ·      The outbound delivery consumes the sales order when it is Goods Issued.

Just finished the course “Planning Basics in SAP” by Michael Management! Check it out: https://lnkd.in/ekHkvydh #sapproducts. A good reminder of key Supply & Demand functions and concepts in SAP.

Demand Driven MRP (DDMRP) in SAP The presentation covers the background of DDMRP as a method to address challenges with traditional MRP like chronic shortages, excess inventories, and high costs. It outlines DDMRP principles like using demand as a signal, buffer zones, and alert-based planning #sap #sappp #ddmrp

Just finished the course “Planning Basics in SAP” by Michael Management! "In demand planning, forecasting is more art than science. The science lies with inventory optimization and the most common element of inventory optimization is maintaining safety stock which helps organizations against forecast errors." Nicole Land. #Planning #Demand&Supply Planning #Forecasting #MRP #SAP #InventoryOptimization #Safety Stock

I believe that if the #Material_Planner mastered the use of #SAP MRP (Material Requirement Planning) he will reduce the cost of the inventory by minimum 20%. MRP ensures that you have the right materials on hand at the right time. It help you optimize your inventory levels, reduce costs, and improve customer satisfaction by calculating the optimal reorder points. How can you effectively use SAP MRP to optimize your inventory management? 1. The most important thing is using accurate master data by ensure that your material master data is up-to-date and accurate in #MRP Views. 2. Regular reviews: Conduct regular reviews of MRP parameters and planning horizons to ensure they align with your business needs. 3. Explore MRP features like safety stock calculations, lot sizing techniques, and demand forecasting tools to optimize your #InventoryManagement. Integrate with other SAP modules like Production Planning (#PP) and Sales & Distribution (#SD) to create a seamless and efficient planning process. Are you looking to optimize your inventory management and improve your business efficiency? Let's discuss how SAP MRP can help you achieve your goals. #SAP #MRP #InventoryManagement #SupplyChain #BusinessOptimization

Learn the power of SAP’s MRP Exceptions with Reveal TV! Reveal experts dive into the essential features of #MRP exception management, showing you how to become more agile and responsive in handling supply chain disruptions. #SAP #mrp #materialmanagement