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 ...

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.

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Both enterprise resource planning (ERP) and material ...

Investopedia / Tara Anand MRP II is a resource planning system used to optimize the manufacturing process. What Is Manufacturing Resource Planning (MRP II)? Manufacturing resource planning (MRP II ...