IRP (Information Requirements Planning) applies the same idea to information. Which information does each process step need? Who supplies it? Is it already there, or still missing?
Just like a material in a bill of materials, a piece of information belongs to a step in the process: a drawing, a customer's choice, a check or a document. Because the steps are in the planning of the file, you also see when that information is needed.
The result: less searching, less duplicate work, better collaboration and a planning you can rely on. The central idea is the same as with MRP: managing what a step needs, but for information instead of materials.