The success of a company depends upon many factors. One of these factors is the company's ability to honour its delivery dates. To be able to do this an effective production control is essential in conjunction with judicious planning. Companies that find difficulty in meeting the promised delivery dates suffer from a serious set back of improper materials control because any delay in procurement of materials or in-house manufacture, of materials and parts. The current literature on stock control suggests many ways to determine the procurement cycle but these methods are long-winded and cumbersome. This paper discusses a simpler and short cut method of preparing a schedule of procurement. This method, called the Materials Requirement Planning, also enables companies to set priorities of the bits and pieces that have to be manufactured.