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can any one tell me what is the difference between MRP and
MPS?

Answer Posted / sundhu

1) MPS is maily focused for critical or Top level items
(single level of BOM), where MRP is used for bottom level
(All level of BOM's- Like single item Multilevel, Single
item Single Level)items.

2)Compare with MRP, MPS is a long term Planning.

3) Example for MPS is Television Manufacturig Industries,
Example for MRP is Garment Manufacturing, Sugar Industries.

Note:
For both we need to maintain the safety stock.

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