distribution resource planning
distribution resource planning (DRP)
a computer-based PRODUCTION planning system which integrates a firm's PRODUCTION SCHEDULES, product DISTRIBUTION system and customers' orders, in order both to minimize stockholding costs and to improve customer service by reducing delivery times. See STOCKHOLDING MODEL, DELIVERY DATE, PRODUCTION MANAGEMENT.Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
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