Supply Chain Logistics Glossary
M
MASTER PRODUCTION SCHEDULE
Medium-term production planning indicating the start of manufacturing in quantities and lead times for each article according to demand and the company's capacity. The MPS is used in particular to establish the Material Requirements Plan.
MATERIAL REPAIRS AND OVERHAUL (MRO)
Set of purchased products and/or services that do not directly enter into the manufacturing process (for example, consumables, machinery, or travel and accommodation costs, etc.).
MATERIAL REQUIREMENTS PLAN (MRP)
Medium-term planning of the company's procurement needs indicating for each material, component or semi finished product, the quantities and the lead times based on the start of manufacturing by the company.
MATERIAL REQUIREMENTS PLANNING (MRP)
Method of manufacturing planning that establishes a Master Production Schedule and Material Requirements Plan based on end demand.
MIDDLEWARE
Software used in the context of an EAI for transferring data between two computer applications not initially able to communicate with each other.
