The Objectives of Master Production Schedule

1
8 Crucial Functionalities of Production
Management Module in ERP
2
Introduction
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.
3
Lets 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
What are the functions of Master Production
Schedule?

• 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

5
Different Master Production Scheduling
techniques
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.