MRP Analysis, which stands for Materials Requirements Planning Analysis, is a business process used to forecast and plan the purchasing of materials and components needed to build products. It is used to determine the amount of each component or material needed to complete an entire manufacturing project. This analysis helps businesses properly plan their inventories and also enables them to spot any potential disruptions in the supply chain. By effectively utilizing MRP Analysis, companies can ensure that projects run smoothly, on-time, and within budget.