Right in the centre of the bull’s eye, in the middle of the supply chain management universe, sits production planning and scheduling. Whether you are making to order, or making to stock, or something in the middle (such as assemble to order, or sub-assemble to order, or some other variant of the postponement strategy), production planning is where the demand meets the supply in its most brutal reality. Err on one side, and you make too much, and waste. Err on the other side, and you make too little, and run out.
The pressure is intense, the stakes are very high and nobody is happy – no matter how much you reconcile the opposites. Yet, you have to do this on a daily basis in every production plant. This report helps you do it as best as you could.