What are the objectives of the master production schedule?

Master Production Schedule (MPS) is a production planning tool that outlines what should be manufactured, when, and in how much quantity. MPS bridges the gap between the sales department and manufacturing department and balances demand and supply. MPS defines the necessary quantities for production to ensure smooth and streamlined production.

With MPS manufacturers form a detailed plan that helps them achieve desired customer service levels, make the most efficient use of resources, and maintain minimum inventory levels.

Let’s explore the objectives of the Master Production Schedule

• Reduces lead times

• Prevents scheduling mishaps and inventory shortages

• Make adjustments to fluctuations in demand, minimize waste

• Improves the overall efficiency in the production process

• Builds an effective communication platform between the sales and planning team

MPS is a crucial planning and production tool that helps manufacturing organizations extract supply-demand data, deliver timely production plans, and minimize procurement costs.

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