V5 Ultimate
Ultimate
PricingResourcesCompany
Start free trial
HomeGlossaryMRP
Manufacturing

MRP

Material Requirements Planning · material requirements planning · mrp software

In short

The classic planning engine that explodes demand through a multi-level BOM, nets against on-hand and in-transit inventory, and produces time-phased planned POs and work orders. In V5, lot-, expiry- and hold-aware, and continuously re-tuned by AI on real floor consumption.

Material Requirements Planning (MRP) is the planning algorithm that takes demand (forecasts + firm sales orders + safety stock) and explodes it through every level of the Bill of Materials, then nets the gross requirement against on-hand inventory, in-transit POs, open work orders, and reserved stock. The output is a time-phased schedule of planned purchase orders, planned production orders, and reschedule / cancel messages for existing orders.

The weakness of traditional ERP-bolted-on MRP is that it plans against whatever inventory the system thinks it has, with whatever lead times and yields someone keyed in at go-live. V5 Ultimate runs MRP on the same database as the kiosk, lots, calibration, and eBR — so the plan is built from real consumption, real yields, real scrap, real substitutions, and real holds. AI watches every batch close and nudges lead times, safety stock and reorder points before the next MRP run.

V5's MRP is lot-, expiry- and hold-aware: it cannot plan against a quarantined, expired or out-of-spec lot. It is included on every plan (Express, Professional, Enterprise) — not gated as a premium module.

How V5 handles it
Production — run the work order, record it as it happens.
Work orders carry the formula and production instructions in force to the floor. Operators record the steps as they do them, and the batch record is built from what was recorded.
Document control — one version in force, every change signed and explained.
Draft the next revision while the current one stays in use, approve it under your sign-off route, and track training on it — with the history kept.
Related terms
MRP IIBOMBOM ExplosionNet RequirementsWORoutingPhantom BOM ExplosionBackward SchedulingForward SchedulingFinite Capacity SchedulingDemand ForecastingEconomic Order Quantity (EOQ)Days of Supply (DOS)Fill RateBackflush ConsumptionFEFOFIFO
Software that covers MRP
V5 Ultimate MRP Software
V5 Ultimate MRP runs the classic material-requirements engine — BOM explosion, gross-to-net, time-phased POs and work orders — on…
Exploring software for this?

Try V5 free for 7 days with no card needed, or talk to our team about what applies to your operation.

Start free
Back to glossary

Next step

Try V5 with your own records, or ask a question first. Ask V5 opens with an editable question; nothing is sent until you choose to.

Start your free trial Browse all features
V5 Ultimate
Ultimate

Warehouse, quality and manufacturing software for regulated operations.

ProductIndustriesPricingResourcesSecurity & TrustCompanyLegal centre

© V5 Ultimate