Capacity Requirements Planning

In 100 words or more reply to statement below about CRP

Capacity Requirements Planning (CRP) is an important process within a company. It will determine whether or not a business can handle and maintain the demand for a product or service. A company must have the capability to meet production goals and the CRP system will assist with those measurements. IT helps with making sure that the company is producing efficiently. It’s important because there are effects of poor CRP usage. Poor CRP usage may cause delays, unfilled orders, and potentially lost of client to competitors. One major benefit is monitoring cost. Account personnel have the capability to budget for changes, when the company monitors the capacity level carefully. The financial resources can be applied where needed.