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Advantages and Disadvantages of MRP

Some of the Advantages and Disadvantages of MRP are as follows. So let us find out information on MRP to know more about it.

Advantages of MRP are :

  1. See the need of purchase of raw materials as well as goods.
  2. Evaluate if a plan can run on existing machines.
  3. Stock
  4. You can see the need
  5. Calculation of consequencies is possible

Disadvantages of MRP are :

  1. Sometimes forecast fails.
  2. Not flexible
  3. Demand Information Technology to run
  4. Complicated to run
  5. Need of reliable informations in the item list

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Advantages and Disadvantages of Technology in Education

Check out Advantages and Disadvantages of Technology in Education discussed below. So let us find out some information on advantages and disadvantages to know more about technology in education.

Some of the Advantages of Technology in Education are :

Technology in Education enables students and teachers to learn and teach anytime and anywhere.

Technology helps or facilitates the updating of educational material

Technology allows interaction between students and teacher easily and effectively.

Supply Chain Management Definition, Advantages and Disadvantages

Definition of Supply Chain Management

Supply Chain management can be considered as an effective tool for improving business process. It starts with the source of supply and competes at the point of consumption. Supply chain management is a flow of information and materials from suppliers which involves number of value added process and different distribution channels to the customers. 

Supply chain management involves :

Advantages and Disadvantages of International Trade

Check out Advantages and Disadvantages of International Trade discussed below. So let us find out some information on advantages and disadvantages to know more about International Trade. It is a trade between nations in the form of imports as well as exports. International trade can be considered one of the important souce of revenue in the developing countries. Trade between countries is the exchage of both services and goods among the countries of the world economy.

Advantages And Disadvantages of Supply Chain Management

Some of the Advantages And Disadvantages of Supply Chain Management are listed below. So let us check it out some information on advantages and disadvantages to know more about supply chain management. It is the management of flow of services as well as goods and includes all intermediate processes that transform raw materials to final products.Supply chain mangement  consist of broad range of activities which is required to control, plan and execute a product's flow.