ELI5: Explain Like I'm 5

Manufacturing resource planning

Manufacturing Resource Planning (MRP) is like a system in businesses that helps them decide what they need to make and buy, and schedule when they need to make and buy it. This way, businesses can make sure they don't buy too much (so they don't waste money) or too little (so they don't run out of important things!) MRP helps businesses plan their resources (for example, what materials they need to make a product) so they can make sure they have the right amount of everything they need to keep going.