Mismatch repair is a crucial cellular mechanism that identifies and corrects errors that occur during DNA replication, specifically mismatches between the base pairs. This process ensures the fidelity of DNA by recognizing improperly paired nucleotides and replacing them with the correct ones, preventing potential mutations that could lead to diseases. Mismatch repair is vital for maintaining genomic stability and plays a significant role in DNA repair pathways, working alongside other systems to preserve genetic information.