Manufacturing Resource Planning (MRP) is designed to centralize, integrate and process information for effective decision making in scheduling, design engineering, inventory management and cost control in manufacturing. The software manages invoicing, inventory, shipping distribution, logistics and manufacturing processes. MRP is evolved from earlier Materials Requirement Planning systems by incorporating additional data such as employee and financial needs. MRP is a really powerful and systematic approach to make the Company's manufacturing operation run smoothly and efficiently, reducing time and energy on every step of the mechanism.
A method for the effective planning of all resources of a manufacturing company. Ideally, it addresses operational planning in units, financial planning in dollars, and has a simulation capability to answer what-if questions. It is made up of a variety of processes, each linked together: business planning, production planning (sales and operations planning), master production scheduling, material requirements planning, capacity requirements planning, and the execution support systems for capacity and material. Output from these systems is integrated with financial reports such as the business plan, purchase commitment report, shipping budget, and inventory projections in dollars. Manufacturing resource planning is a direct outgrowth and extension of closed-loop MRP.