Material requirements planning vs. ERP: What are the differences?
While MRP and ERP are both software systems that help manage business operations and critical functions, they are designed differently to perform separate functions.
MRP specifically focuses on material management and manufacturing. This can include purchasing, inventory management, and customer order management. While MRP systems can be utilized across different business types, they are best suited for businesses that specialize in manufacturing.
On the other hand, ERP solutions help businesses centrally manage their core functions, including human resources, sales, finances, and customer management. ERP solutions are suitable for all kinds of businesses and can even be tailored to specific industries like retail or healthcare.
You don’t have to choose between one solution or the other—businesses can integrate MRP and ERP software solutions to gain a comprehensive view of your operations. A robust ERP system, like Intuit Enterprise Suite, gives you the power to handle your complex operations with one solution.