Page 361 - Accounting Information Systems
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332 PART II Transaction Cycles and Business Processes
FI GU RE
7-23 OVERVIEW OF MRP SYSTEM
Sales FG Sales
Orders Inventory Forecast
Production
Planning
System
RM Production
Inventory Schedule BOM
Materials
Requirements
Planning
System
Production
Schedule
RM
Performance
Reports Requirements
Exceptions
Purchases System
Management
Work Materials
Orders Requisition
Work Centers RM Storekeeper
Increased productivity
Improved cash flow
Assistance in achieving long-term strategic goals
Help in managing change (for example, new product development or specialized product development
for customers or by vendors)
Flexibility in the production process
