ENTREPRENEURSHIP

Detailed explanation-1: -Distribution requirements planning (DRP) is a systematic process to make the delivery of goods more efficient by determining which goods, in what quantities, and at what location are required to meet anticipated demand. The goal is to minimize shortages and reduce the costs of ordering, transporting, and holding goods.

Detailed explanation-2: -Distribution resource planning (DRP) is a method used in business administration for planning orders within a supply chain. DRP enables the user to set certain inventory control parameters (like a safety stock) and calculate the time-phased inventory requirements.

Detailed explanation-3: -APS & DRP in the Supply Chain Distribution Requirements Planning (DRP) is a vital aspect of manufacturing operations. Tools such as advanced planning and scheduling systems (APS) allow for increased insight into the distribution process to optimize it.

Detailed explanation-4: -Distribution requirements planning (DRP) in Service Parts Planning (SPP) organizes replenishment planning within bills of distribution (BODs) (see Bill of Distribution (BOD)). DRP determines the new demands of all locations in your BOD, rounds them, and aggregates them along the BOD to the entry location.