A Master Production Schedule is a plan that outlines which individual commodities should be produced in each time period such as production, staffing, inventory, etc. This type of plan is typically linked to manufacturing because it helps to indicate when and how much of each product is needed.
The MPS (Master Production Schedule) application is typically the most critical function in a Ship from Stock / Make to Stock (MTS) environment. Creating a solid Build Plan that both balances the supply and demand and provides feedback on the accuracy of your forecast is critical. It ultimately provides a stable environment for your production area, which is a key to efficiency.
A Master Production Schedule increases your material requirement predictability by establishing a consistent production schedule that considers both forecast and customer orders. Best of all, your customer service is improved through available–to–promise features that allow you to check item availability and to quote an achievable promise date.
Helps your company avoid last minute scheduling and shortages.
Efficiently allocate company resources and cost control.
Easily recalculate the schedule if change in demand occurs.
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