What Are the Differences Between MRP and ERP?

Enterprise Resource Planning software: 

Enterprise Resource Planning software is an end-to-end business management software that offers multiple modules. Industry-specific modules allow organizations to manage, streamline and integrate back-office workflow functions in all the departments. From HR to CRM, accounting, inventory management system for small business, WMS to supply chain management, and more, ERP offers modules to cater to almost every department.

ERP is integrated software that connects all the departments through real-time access to data. That means the Sales manager and Production manager can see through the operations on which they are working, without telephonic conversations and exchanging files.


MRP

· It is a stand-alone system and has limited users

· Is less expensive

· Specifically designed for manufacturing companies

· MRP is a subset of ERP software


ERP

· It works as an integrated end-to-end business management solution and can have many users

· More expensive as it manages the entire business process and resources

· Designed for all industries including manufacturing

· ERP includes MRP as a module


Material Requirements Planning Software: 

This software ensures proper scheduling and aligning of materials that are required for production and production capacities. In other words, MRP helps manufacturers measure what materials do they need, in what quantity, and at what time.

With powerful capabilities, MRP allows users to predict inventory demands, utilize on-hand stock efficiently, and manage multi-site distributed demand. MRP system software makes it easy for decision-makers to check demand and supply information on the central screen.

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