Is QuickBooks an MRP system?
An excellent question to be sure!
Before we can answer, let’s take a quick look at what an MRP system actually is…
MRP SYSTEM – A WORKING DEFINITION
Wikipedia shares this definition of MRP:
Material requirements planning (MRP) is a production planning, scheduling, and inventory control system used to manage manufacturing processes. Most MRP systems are software-based, but it is possible to conduct MRP by hand as well.
An MRP system is intended to simultaneously meet three objectives:
- Ensure raw materials are available for production and products are available for delivery to customers.
- Maintain the lowest possible material and product levels in store
- Plan manufacturing activities, delivery schedules and purchasing
QUICKBOOKS AS AN MRP? A CLOSER LOOK…
Using the above definition as our guidepost, we can take a closer look at all the versions of QuickBooks – Pro/Premier/Enterprise (known as the desktop versions) and Online. This includes the “QuickBooks Manufacturing Edition”, which is one of the industry-specific Premier and Enterprise desktop editions.
In addition, I’d like to introduce KatanaMRP software for QuickBooks so we can compare and contrast across these platforms.
I’ve put together this handy chart that compares the key functional areas of MRP software to see how QuickBooks and Katana match up:
QUICKBOOKS (ALL VERSIONS) VS. KATANAMRP