What is ERP/MRP system?

ERP/MRP systems are integrated software suites that manage and automate various business processes. ERP (Enterprise Resource Planning) systems typically cover a broad range of functions including finance, human resources, supply chain management, customer relationship management, and manufacturing. MRP (Material Requirements Planning) systems, which are often a component of ERP, focus specifically on production planning, inventory control, and scheduling. These systems are commonly used to improve efficiency, reduce costs, and gain better visibility across the organization.