What is MRP software?
MRP, material requirements planning, works out what material you need, how much and by when. It takes demand from customer orders and forecasts, subtracts stock and open supply, explodes each bill of materials level by level, and turns what is still short into planned make and buy orders, dated back from the day the material is needed.
Without it, a planner walks the BOM by hand in a spreadsheet, one order at a time. Shared components get counted twice or not at all, purchase requests go out late because nobody subtracted the supplier lead time, and the first sign of trouble is a machine standing idle waiting for castings.