A system used by companies to systematically plan and control their logistics and product distribution activities through generating a time-phased inventory-replenishment plan to manage and minimize inventories in the supply chain is known as ______.
A)DRP
B)ERP
C)MRP II
D)CRP

Question

Quizplus · Accepted Answer

DRP stands for Distribution Requirements Planning, which is a system used by companies to plan and control their logistics and product distribution activities. DRP generates a time-phased inventory-replenishment plan to manage and minimize inventories in the supply chain. MRP II (Manufacturing Resource Planning) is a system used for planning and managing production, while CRP (Capacity Resource Planning) is a process that plans and manages resources needed to meet manufacturing demands. ERP (Enterprise Resource Planning) is a system that integrates different departments and functions within an organization. While ERP may include DRP and MRP II modules, it is a broader system that covers other areas like finance, human resources, and customer relationship management.

A System Used by Companies to Systematically Plan and Control