What is Production planning and Control ? [Simply explained], 8 Functions of production planning and control.

What is Production planning and Control ? [Simply explained], 8 Functions of production planning and control.

It’s a pre-determined process. Production planning and control are the two strategies that are working together in every manufacturing unit.

Production planning and control is a process that plans, manages, and controls the allocation of human resources, raw materials, and machinery to achieve maximum efficiency.

Definition of Production planning and control:

Production is the transformation of raw material into finished goods. planning looks ahead anticipates possible problems and decides in advance as to how the production carried out in the best way. 
Control makes sure that the programmed production is constantly maintained.
production planning and control

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What is the importance of production planning and control?

  • It is necessary to improve the process for better utilization of resources.
  • It helps to achieve better supplier communication for raw material procurement.
  • Reduce investment for inventory purposes.
  • Reduce production costs by proper estimation and increase the profit margin.
  • Smooth flow of product without any interruption.
  • Make sure the proper quality and quantity of equipment, raw materials, etc are available during production times, etc.
  • To ensure capacity utilization is aligned with forecast demand.

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