Material requirements planning (MRP) is a computer-based inventory management system designed to assist production managers in scheduling and placing orders for items of dependent demand.

Investopedia / Ellen Lindner Material requirements planning (MRP) is a software-based integrated inventory and supply management system designed for businesses. Companies use MRP to estimate ...

Investopedia / Tara Anand MRP II is a resource planning system used to optimize the manufacturing process. Manufacturing resource planning (MRP II) is process used by businesses to determine and ...