Manufacturing Resource Planning (MRP)

Manufacturing Resource Planning (MRP) is a computer-based system that helps manufacturing companies efficiently manage their production process. It reorganizes and schedules the use of resources like raw materials, equipment, and labor to meet customer demand. MRP ensures that materials are available when needed, reduces waste, and minimizes inventory costs by planning production steps accurately. It integrates data on orders, inventory levels, and production schedules to optimize overall manufacturing flow, improving efficiency and ensuring products are completed on time and within budget.