Material Requirements Planning (MRP) is software that helps companies estimate the required quantities of raw materials, maintain inventory levels, and ensure manufacturing has all the items needed to ...

It is mandatory to print revised MRP on the inventory, else stringent action will be taken for violation of the Packaged Commodities Rules. Non-compliance of this will attract a fine of Rs 25,000 for ...

Consumer Affairs Minister Ram Vilas Paswan today warned of a fine of up to Rs 1 lakh, including a jail term, if new post GST rates are not printed on the inventory in the interest of consumers.

Sara Duff from MRPeasy reports on how Hovat upgraded from Vietnam-War-era software to a cloud-based MRP system, boosting efficiency, traceability, and financial control. Hovat transformed its ...