MRP Technology, or Material Requirements Planning, is a system of software and hardware used to help streamline the supply chain process. It’s designed to help organizations effectively manage the materials they need on hand, prioritize procurement activities, order items, and keep track of inventory levels. In other words, it helps organizations plan ahead to ensure they have the right materials on hand when they’re needed—and avoid shortages that could potentially disrupt their operations. By taking the complexity out of planning, MRP Technology allows manufacturers to focus on what really matters: efficiently producing quality goods for their customers each and every time.