It is "just a package" in the sense that there are RPMs for Python, but many system management tools are Python scripts that assume you have Python and specific Python libraries installed so that everything will run correctly.
If you have root privileges and you run "sudo pip" commands you might accidentally break the specific Python dependencies that the system scripts rely on. See https://developers.redhat.com/blog/2018/11/14/python-in-rhel...
There's no issue with using the system Python, but any Python packages should be installed via yum or similar Red Hat / Fedora tools and not pip.
Note that the newer versions of RHEL have created developer-specific tool packages to separate the system packages from developer packages. This allows the developer packages to get upgraded quickly so developers have nee, shiny tools without breaking the compatibility that the base system needs to keep running.