Manufacturing Company Production Planning Strategy

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Manufacturing companies can be found easily around us. A picture of a manufacturing company does not mean seeing a large and large factory. But it is enough to see the production process it does, that is, it has become a ready made material for consumers. Manufacturing companies have a big enough role in our lives. Because of the existence of a manufacturing company, we can utilize raw materials which previously could not be used into finished goods that could be utilized. The function of production in manufacturing companies is to make an item or service that is needed and in accordance with the needs of the community. Before going to the production process, a manufacturing company should have a production plan.

Production planning is very important to do in order to achieve the production function properly and appropriately. The planning carried out will prevent the company from producing goods with the wrong time, the price that is not appropriate, and the amount of goods that are both excess and deficient when finished.

Stages of Planning

Manufacturing Company Production Planning Strategy A manufacturing company can find out the amount and type of goods that will be produced based on current market needs data that can be obtained from the marketing department. The data that has been obtained from the marketing department can be informed to the production department so that the desired goods can be immediately made. There are things that are closely related to the stages of production planning in manufacturing companies. Namely the types of goods to be produced, the number of goods to be produced, and how to process goods. The following are the stages of production planning in manufacturing companies:

Initial stage. At this stage, a manufacturing company must determine the initial design of the product. The initial design is in the form of design specifications and requirements that must be met by a product that will be produced later.
Product design stages. At this stage, manufacturing companies can determine the design of a product. Namely in the form of a description of the product such as the exact shape, color, size, and others.
Stages of how to make it. At this stage. The company must determine the order in the process of making a product, the right place to work, and all kinds of equipment needed to produce the product.
Stages of making, the company begins to produce the desired goods and further modify. The process of making goods must be adjusted to the design, be of good quality, and available machine tools. In this manufacturing phase, sometimes the desired results are slightly different from what was originally planned. But this is not a big problem if it does not stray too far from what was set at the beginning. Companies can still modify these items little by little until they reach what they want.

Possible Strategies

Manufacturing Company Production Planning Strategies There are several strategies that companies can undertake to optimize production planning, including the following:

1. Predict consumer demand
As a first step, you have to predict consumer demand to find out how much goods must be produced over a certain period of time. The easiest way to do this is to review consumer demand in the previous period. With notes, you must have sophisticated reporting tools to avoid difficulties in getting accurate estimates.

By using a good inventory management system, you can analyze consumer demand for various products and find out the inventory turnover ratio more easily. Because data is generated automatically, so you get an accurate estimate of which products will be ordered. In addition, you also need to observe external factors that might change current consumer demand. For example the latest trends, economic slowdown, or new marketing campaigns that can increase or decrease product demand compared to what happened in the previous period.

2. Control inventory
Good inventory control will help you to avoid procuring unnecessary stock of raw materials, ensuring that supplies are always at an adequate level, and storing the right stock and in accordance with consumer demand.

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