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Production Planning - Coggle Diagram
Production Planning
production planning
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describe how goods will be manufactured, the expected demand for those goods, and any production requirements such as materials, or labor
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allows manufacturers to optimize processes and reduce lead times before production begins, or before making any major investment
lowers the risks of overproduction and stockouts, greatly increasing the likelihood that production jobs will be finished on time and to the standard customers expectations
production planning KPIs
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On-time delivery rate: the number of orders delivered on schedule, at the quality expected.
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production plans
serves as a link between the business plan and manufacturing prepared that define the overall level of manufacturing output planned usually as monthly rates for each product family
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