MRP Requirements, or Material Requirements Planning (MRP), is an essential tool for businesses looking to keep their inventory, production, and supply chain operations running smoothly. It is a process that helps organizations identify and calculate the precise amounts of raw materials, components, parts, and labor required for products in order to meet customer demand. MRP can also help with cost controlling by integrating both lead times and supplier availability into the process. By utilizing MRP, businesses can confidently create a plan that meets their customer’s needs while keeping costs low and remaining organized in the face of chaos.