MPS is a crucial planning and production tool that helps manufacturing organizations extract supply-demand data, deliver timely production plans, and minimize procurement costs.
2. Master Production Schedule is a production planning tool
that outlines what should be manufactured, when and in
which quantity. MPS bridges the gap between the sales
department and manufacturing department and balances
demand and supply. MPS defines the necessary quantities
for production to ensure smooth and streamlined
production.
With MPS manufacturers form a detailed plan that helps
them achieve desires customer service levels, make the
most efficient use of resources and maintain minimal
inventory level.
Introduction
3. Let’s explore the objectives of Master Production
Schedule.
•Reduces lead times
•Prevents scheduling mishaps and inventory shortages
•Make adjustments to fluctuations in demand, minimize waste
•Improves the overall efficiency in the production process
•Builds an effective communication platform between the sales and
planning team
4. With MPS , manufacturers can form a detailed plan that helps
them fulfill these objectives:
•Achieve optimal customer service levels
•Make the most efficient use of resources
•Maintain inventory to fulfill customer orders
What are the functions of Master Production
Schedule?
6. Conclusion
MPS is a crucial planning and production tool that helps
manufacturing organizations extract supply-demand data,
deliver timely production plans, and minimize procurement
costs.
To learn more about, Master Production Schedule and how
does it help manufacturers. Feel free to contact us.