The system of SRP over the MRP also ensures that the retailer is given the liberty to decide the price at which he wishes to sell his products, which can be a move towards the free market. Complete ...

MRP (Maximum Retail Price) is the maximum price that a seller can charge a consumer for a product, and it is printed on the product's packaging. As defined under the Consumer Goods (Mandatory Printing ...

The Centre is considering a significant overhaul of the maximum retail price (MRP) framework in a bid to make retail pricing more transparent and consumer-friendly, Mint has reported. The Union ...

The Maximum Retail Price (MRP) regime, a vestige from India’s pre-liberalisation era, has outlived its relevance in today’s dynamic market landscape. Initially conceived as a measure to protect ...

Companies decide to migrate from an existing manufacturing system for several reasons, but the main justification will be that it no longer meets their needs. However, changing MRP/ERP systems is ...