MRP II, or Manufacturing Resource Planning, is an extension of Material Requirements Planning (MRP) that integrates additional functions such as finance, inventory management, and production scheduling into the planning process. This comprehensive approach helps organizations optimize their manufacturing processes and resources, ensuring that materials and production capacities are aligned with demand forecasts. By linking various aspects of production and business operations, MRP II facilitates better decision-making and improves overall efficiency.
congrats on reading the definition of MRP II. now let's actually learn it.