Master Production Schedule (MPS) is an effective planning process in industrial production and is very important. MPS collects many variables: customer demand, inventory levels, capacity levels, and so on. MPS collects these variables and determines what the products will be, what amount they will be, and what frequency they will be at. This planning process works in parallel with inventory targets. He is the architect of the master plan that will ultimately occur. The master plan has supply plan data, planning, and execution of orders. In this article, you will read what MPS is and the advantages it provides to organizations.
• To create an MPS, you must first create and plan a map of your request.
• What raw materials do you need? Create your supply chain and make it work with production planning processes. Yes now an MPS proposal is waiting to be developed by you!
• Your MPS may be ready, but aren’t sure if you can afford it? Then you need to do a little calculation and you will need to use the capacity planning technique to calculate it. This technique will be indispensable on this journey.
• If there is no problem with your MPS, customer service, inventory investment, and how effectively you use resources should be the main criteria for your assessments.
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What is the Difference Between MPS and MRP?
The demands of the products planned by Material Requirements Planning (MRP) are dependent. We call it dependent demand because there is a production requirement. For a product to be produced efficiently, the efficiency of the production program must be maximum. For this, the amount of material is significant, and the MRP decides to do so. With MRP, you plan how many “materials” you will order for the production of a particular product. With MPS, you determine when to use materials “during the production of a product”. The difference is as simple as that.
What are the Key Benefits of Master Production Scheduling?
Delivery Time and Reserve of Subsequent Deliveries
Loading the product requested by the companies within the delivery time is a common issue that needs to be considered today. MPS is very effective in preventing disturbances because what MPS is interested in is not customer demand, but the production itself!
It’s “The One”
You’re lucky if you have an organization that has been MPS-in-the-box because MPS acts as a single communication tool that deals with production plans. This makes MPS an easy-to-understand and effective planning technique.
There is one situation for manufacturers that will result in inefficiency, which is the demand signals that most customers want. That’s where MPS comes in and separates the product produced at customer demand. In this way, production process optimization can be better adjusted.
In today’s article, we gave you detailed information about the master production schedule. Let’s go for a little summary, though. MPS is a chart that shows the date and quantity of all materials that companies will sell or produce within a certain planning horizon. Achieving a certain level of customer satisfaction occurs by keeping the inventory levels of the products at a certain level and following the delivery dates given to the customer. That’s exactly what MPS does.
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