What do you mean by production planning?

What do you mean by production planning?

Production planning is the planning of production and manufacturing modules in a company or industry. It utilizes the resource allocation of activities of employees, materials and production capacity, in order to serve different customers.

What do you mean by production control?

: systematic planning, coordinating, and directing of all manufacturing activities and influences to ensure having goods made on time, of adequate quality, and at reasonable cost.

What is the meaning of planning and control?

While planning sets out the goals, mission and steps for companies to meet market demands, controls are put into place so that companies can contend with changes when they inevitably occur. In other words, control ensures that companies can adapt and change their plans and processes swiftly.

What is production planning and control explain its functions?

Production planning and control refers to two strategies that work cohesively throughout the manufacturing process. Production planning involves what to produce, when to produce it, how much to produce, and more. A long-term view of production planning is necessary to fully optimize the production flow.

What do you mean by production planning and control and state the objectives?

Objectives of Production Planning and Control (PPC) Ensure cost-efficient production process. Promote timely delivery of goods. Minimize production time. Coordinate with departments about production, to ensure things are on the same page. Ensure the right man is assigned the right work.

Why is production planning and control important?

Production planning and control ensure a regular and steady flow of production. All machines are put to their optimum use. This helps in achieving a continuous production of goods. This also helps to provide a regular supply of goods to consumers.

What is the difference between production planning and production control?

Production planning is required for scheduling, dispatch, inspection, quality management, inventory management, supply management and equipment management. Production control ensures that production team can achieve required production target, optimum utilization of resources, quality management and cost savings.

What is production control Example?

For example, the production process in a Garment manufacturing company consists of inputs of materials, transformation processes, and final output i.e. garment. This transformation process converts raw materials into final goods. The finished goods result in the final cloth or garment.

What is the difference between production planning and control?

Production planning decides the operations which are required for production. Production control regulates and supervises the operations required for production.

What is the role of planning and control?

Planning involves establishing goals and communicating these goals to employees of the organization. The control function assesses whether goals were achieved and is often used to evaluate the performance of employees, departments, and the organization as a whole.

What is production planning and control Slideshare?

It is the first element of production planning and control. Planning is deciding in advance what is to be done in future. An organisational set up is created to prepare plans and policies. Various charts, manuals and production budgets are also prepared. Planning provides a sound base for control.

Why do we need production planning?

Why is production planning important? Production planning is important because it creates an efficient process for production according to customer and organizational needs. It optimizes both customer-dependent processes — such as on-time delivery — and customer-independent processes, such as production cycle time.

What does planning and control mean?

Planning and control is concerned with the reconciliation between what the market requires and what the operations resources can deliver. Planning and control activities provide the systems, procedures and decisions which bring different aspects of supply and demand together.

What is production planning?

Production planning is the future of production. It can help in efficient manufacturing or setting up of a production site by facilitating required needs. A production plan is made periodically for a specific time period, called the planning horizon.

What are the advantages of production control?

Better service to customers. Promised delivery dates are kept,production flows as per scheduled time.

Less overtime work. As production takes place as per schedule,there will be few rush orders.

Need of smaller inventories of work-in-process and of finished goods.

More Effective Purchasing.

More effective use of equipment.

Less loss of time.

What is plannning, organizing, actuating and controlling?

Planning It is the basic function of management. Organizing It is the process of bringing together physical, financial and human resources and developing productive relationship amongst them for achievement of organizational goals. Staffing It is the function of manning the organization structure and keeping it manned.