MRP, Manufacturing Requirements Planning or Manufacturing Resources Planning?
Major changes in both software development and IT infrastructure have led to MRP software systems being able to manage virtually every area of business process required by a manufacturer. This includes everything from sales (CRM), quoting, purchasing, invoices, stock management, scheduling, HR, payroll and accounts.
Some MRP and ERP systems still rely on external software packages to carry out some of these tasks, for example with accounting processes which rely on small business accounting solutions such as Xero, Quickbooks or Sage. However, more complete systems, such as Advanced Business Cloud Essentials, offer the complete functionality, including accounting, in a single system.
For businesses using larger ERP systems, such as SAP, Netsuite or Microsoft Dynamics, MRP modules can often be added specifically for manufacturers who can then integrate all data and functionality through both the ERP and MRP software.