MRP (Manufacturing Resource Planning)

Manufacturing Resource Planning (MRP) is a computer-based system that helps manufacturers efficiently manage and coordinate their production processes. It calculates what materials, parts, and components are needed, in what quantities, and when they are required to produce finished goods on time. By integrating data on inventory levels, manufacturing schedules, and order forecasts, MRP ensures resources are used effectively, reduces waste, and minimizes delays. Essentially, it acts as an intelligent planning tool that streamlines the entire manufacturing workflow to meet customer demands while controlling costs.