PRODUCTION is transformation /value addition of Input Raw Material into Finished Goods known as “PRODUCT”. PLANNING is the Decision making process to achieve the End Objective by choosing the best Alternative which consumes the least amount of input resources and gives the maximum Output.
CONTROL ensures that the Planned Production is constantly monitored and maintained and any deviation is avoided
“PRODUCTION PLANNING is the determination, acquisition and arrangement of all Facilities necessary for the future Production of items or services” – Ray Wild.
PRODUCTION PLANNING is a pre-production activity associated with the design of the PRODUCTION SYSTEM
PRODUCTION CONTROL is to ensure that whatever is planned and Scheduled is actually implemented and achieved.
PLANNING IS ‘PLANNING THE WORK’ &
CONTROL IS ‘WORKING THE PLAN’.
Objectives of PPC:
To Plan systematically Production related Activities to meet Targets of Production with the available resources of the firm.
To Provide optimum manufacturing resources i.e. Men, Machine and Material of right quality, in right quantity, at the right time, right place and right price.
To schedule Production facilities for their optimum use.
To co-ordinate the activities of different department relating to the production to achieve regular, steady and balance flow of production.
To ensure conformance to the Delivery commitments and inform Sales Department regarding difficulties in advance.
To inform management before hand of the difficulties which may crop up later in achieving Production Target.
To maximize Production with given resources.
To minimize Wastages and non value added activities.
By Work Measurement establishes Productivity norms and the Plant capacity.
PRODUCTION SYSTEMS
The basic specification of production system is decided from the POLICY which in turn is in compliance with corporate objectives.
Production Function-Other