Material Requirement Planning System (MRP) is an inventory management system that plans and tracks materials needed by manufacturing operations. MRP helps businesses optimize their supply chain, forecast resource needs, and ensure timely deliveries of goods and services. It’s a powerful tool for businesses looking to increase efficiency, reduce costs, and ensure the highest quality of products and services. MRP systems make sure you never miss a delivery deadline or run out of critical supplies. Put simply, it takes the guesswork out of keeping your operation running smoothly.