- Forecast by SKU, cost, item, currencies, margin, country, channel, customer location, etc.
- Drive inventory and safety stock levels according to customer requirements using the Service Level Optimizer
Slang abbreviation for regeneration MRP. Pronounced "ree-jen."
An MRP processing approach where the master production schedule is totally reexploded down through all bills of material, to maintain valid priorities. New requirements and planned orders are completely recalculated or "regenerated" at that time. Ant: net change MRP.
A board that evaluates the competency and reliability of registrars (organizations that assess and register companies to the appropriate ISO 9000 Series Standards). The Registrar Accreditation Board, formed in 1989 by the ASQC, is governed by a board of directors from industry, academia, and quality management consulting firms.
A process in which an accredited, independent third-party organization conducts an on-site audit of a company's operations against the requirements of the standard to which the company wants to be registered. Upon successful completion of the audit, the company receives a certificate indicating that it has met the standard requirements.
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