Production Planning Fundamentals
Expert-defined terms from the Certificate in Production Planning and Control (United Kingdom) course at HealthCareCourses (An LSIB brand). Free to read, free to share, paired with a professional course.
Acceptable Quality Level, the minimum standard of quality that is accepta… #
Related terms include quality control, quality assurance, and total quality management. Acceptable Quality Level is an important concept in production planning as it helps to ensure that products are of high quality and meet customer requirements. For example, a company producing food products may have an Acceptable Quality Level that requires all products to be free from contamination and to have a certain level of nutritional value.
Advanced Planning and Scheduling, a method of production planning that us… #
Related terms include supply chain management, enterprise resource planning, and manufacturing execution systems. Advanced Planning and Scheduling is a key concept in production planning as it helps to optimize production processes and improve supply chain management. For example, a company producing automotive parts may use Advanced Planning and Scheduling to optimize its production processes and reduce lead times.
Aggregate Planning, a process of planning that involves aggregating deman… #
Related terms include demand management, supply chain management, and production scheduling. Aggregate Planning is an important concept in production planning as it helps to ensure that production meets customer demand and that resources are allocated efficiently. For example, a company producing clothing may use Aggregate Planning to aggregate demand and supply and create a production plan that meets customer demand.
American Production and Inventory Control Society, a professional organiz… #
Related terms include production planning, inventory control, and supply chain management. American Production and Inventory Control Society is an important organization in the field of production planning as it provides training and certification in production and inventory control. For example, a production planner may obtain certification from the American Production and Inventory Control Society to demonstrate their expertise in production planning.
Backflush Accounting, a method of accounting that involves recording cost… #
Related terms include cost accounting, management accounting, and financial accounting. Backflush Accounting is a key concept in production planning as it helps to simplify accounting processes and improve financial management. For example, a company producing electronics may use Backflush Accounting to record costs and revenues after production is complete.
Bill of Materials, a list of materials required to produce a product, is… #
Related terms include product structure, material requirements planning, and inventory control. Bill of Materials is an important concept in production planning as it helps to plan and manage production and ensure that materials are available when needed. For example, a company producing furniture may use a Bill of Materials to plan and manage production and ensure that materials are available when needed.
Capacity Planning, a process of planning that involves determining the ca… #
Capacity Planning is a key concept in production planning as it helps to ensure that production meets customer demand and that resources are allocated efficiently. For example, a company producing automotive parts may use Capacity Planning to determine the capacity of its production facilities and equipment.
Certified in Production and Inventory Management, a certification program… #
Certified in Production and Inventory Management is an important certification program in the field of production planning as it provides training and certification in production and inventory management. For example, a production planner may obtain certification in Certified in Production and Inventory Management to demonstrate their expertise in production planning.
Computer #
Integrated Manufacturing, a system of manufacturing that involves using computers to integrate and manage production processes, is used to improve efficiency and reduce costs. Related terms include manufacturing execution systems, enterprise resource planning, and supply chain management. Computer-Integrated Manufacturing is a key concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing electronics may use Computer-Integrated Manufacturing to integrate and manage production processes.
Constraint #
Based Scheduling, a method of scheduling that involves scheduling production based on constraints such as equipment availability and material availability, is used to optimize production processes. Related terms include production scheduling, material requirements planning, and capacity planning. Constraint-Based Scheduling is an important concept in production planning as it helps to optimize production processes and improve supply chain management. For example, a company producing automotive parts may use Constraint-Based Scheduling to schedule production based on constraints such as equipment availability and material availability.
Continuous Improvement, a process of continually improving production pro… #
Related terms include total quality management, lean manufacturing, and six sigma. Continuous Improvement is a key concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing food products may use Continuous Improvement to continually improve production processes and products.
Cost Accounting, a method of accounting that involves recording and analy… #
Related terms include management accounting, financial accounting, and cost control. Cost Accounting is an important concept in production planning as it helps to manage costs and improve profitability. For example, a company producing electronics may use Cost Accounting to record and analyze costs associated with production.
Demand Management, a process of managing demand for products, is used to… #
Related terms include supply chain management, production planning, and inventory control. Demand Management is a key concept in production planning as it helps to ensure that production meets customer demand and that resources are allocated efficiently. For example, a company producing clothing may use Demand Management to manage demand for products and ensure that production meets customer demand.
Distribution Requirements Planning, a method of planning that involves pl… #
Distribution Requirements Planning is an important concept in production planning as it helps to improve supply chain management and ensure that products are delivered to customers on time. For example, a company producing food products may use Distribution Requirements Planning to plan distribution requirements and ensure that products are delivered to customers on time.
Enterprise Resource Planning, a system of planning and management that in… #
Related terms include supply chain management, manufacturing execution systems, and computer-integrated manufacturing. Enterprise Resource Planning is a key concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing automotive parts may use Enterprise Resource Planning to integrate and manage all aspects of the business.
Finite Capacity Scheduling, a method of scheduling that involves scheduli… #
Finite Capacity Scheduling is an important concept in production planning as it helps to optimize production processes and improve supply chain management. For example, a company producing electronics may use Finite Capacity Scheduling to schedule production based on the finite capacity of production facilities and equipment.
Flexible Manufacturing System, a system of manufacturing that involves us… #
Related terms include computer-integrated manufacturing, manufacturing execution systems, and supply chain management. Flexible Manufacturing System is a key concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing automotive parts may use a Flexible Manufacturing System to produce a variety of products.
Global Supply Chain Management, a process of managing supply chains on a… #
Global Supply Chain Management is an important concept in production planning as it helps to improve supply chain management and reduce costs. For example, a company producing electronics may use Global Supply Chain Management to manage supply chains on a global basis.
Industry 4 #
0, A term that refers to the fourth industrial revolution and the use of digital technologies to improve manufacturing and production, is used to improve efficiency and reduce costs. Related terms include digital manufacturing, smart manufacturing, and computer-integrated manufacturing. Industry 4.0 Is a key concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing automotive parts may use Industry 4.0 To improve manufacturing and production processes.
Inventory Control, a process of managing inventory levels to ensure that… #
Related terms include supply chain management, production planning, and demand management. Inventory Control is an important concept in production planning as it helps to improve supply chain management and reduce costs. For example, a company producing food products may use Inventory Control to manage inventory levels and ensure that products are available when needed.
Just #
in-Time Production, a method of production that involves producing products just in time to meet customer demand, is used to improve efficiency and reduce costs. Related terms include lean manufacturing, total quality management, and continuous improvement. Just-in-Time Production is a key concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing electronics may use Just-in-Time Production to produce products just in time to meet customer demand.
Kaizen, a method of continual improvement that involves making small chan… #
Related terms include continuous improvement, total quality management, and lean manufacturing. Kaizen is an important concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing automotive parts may use Kaizen to make small changes to improve production processes.
Lean Manufacturing, a method of production that involves eliminating wast… #
Related terms include total quality management, continuous improvement, and just-in-time production. Lean Manufacturing is a key concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing food products may use Lean Manufacturing to eliminate waste and improve efficiency.
Material Requirements Planning, a method of planning that involves planni… #
Material Requirements Planning is an important concept in production planning as it helps to improve supply chain management and reduce costs. For example, a company producing electronics may use Material Requirements Planning to plan material requirements and ensure that materials are available when needed.
Manufacturing Execution System, a system of managing production processes… #
Related terms include enterprise resource planning, computer-integrated manufacturing, and supply chain management. Manufacturing Execution System is a key concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing automotive parts may use a Manufacturing Execution System to manage production processes in real-time.
Mass Customization, a method of production that involves producing custom… #
Related terms include flexible manufacturing system, computer-integrated manufacturing, and supply chain management. Mass Customization is an important concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing clothing may use Mass Customization to produce customized products in large quantities.
Operations Management, a process of managing production and operations to… #
Operations Management is a key concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing food products may use Operations Management to manage production and operations and ensure that products are produced efficiently and effectively.
Product Life Cycle Management, a process of managing the life cycle of a… #
Related terms include product development, supply chain management, and production planning. Product Life Cycle Management is an important concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing electronics may use Product Life Cycle Management to manage the life cycle of a product from design to disposal.
Production Planning, a process of planning production to ensure that prod… #
Related terms include supply chain management, inventory control, and demand management. Production Planning is a key concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing automotive parts may use Production Planning to plan production and ensure that products are produced efficiently and effectively.
Quality Control, a process of ensuring that products meet quality standar… #
Related terms include total quality management, continuous improvement, and lean manufacturing. Quality Control is an important concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing food products may use Quality Control to ensure that products meet quality standards.
Six Sigma, a method of quality management that involves using statistical… #
Six Sigma is a key concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing electronics may use Six Sigma to improve quality and reduce defects.
Supply Chain Management, a process of managing supply chains to ensure th… #
Related terms include production planning, inventory control, and demand management. Supply Chain Management is an important concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing automotive parts may use Supply Chain Management to manage supply chains and ensure that products are produced and delivered efficiently and effectively.
Total Quality Management, a method of quality management that involves us… #
Related terms include continuous improvement, lean manufacturing, and six sigma. Total Quality Management is a key concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing food products may use Total Quality Management to improve quality and reduce defects.
Vendor #
Managed Inventory, a method of inventory management that involves allowing suppliers to manage inventory levels, is used to improve supply chain management and reduce costs. Vendor-Managed Inventory is an important concept in production planning as it helps to improve supply chain management and reduce costs. For example, a company producing electronics may use Vendor-Managed Inventory to allow suppliers to manage inventory levels.
Visual Management, a method of management that involves using visual disp… #
Visual Management is a key concept in production planning as it helps to improve efficiency and reduce costs. For example, a company producing automotive parts may use Visual Management to manage production and operations using visual displays.
Work #
in-Progress Inventory, a type of inventory that involves products that are in the process of being produced, is used to improve supply chain management and reduce costs. Work-in-Progress Inventory is an important concept in production planning as it helps to improve supply chain management and reduce costs. For example, a company producing electronics may use Work-in-Progress Inventory to manage products that are in the process of being produced.
Zero Inventory, a method of inventory management that involves maintainin… #
Related terms include just-in-time production, lean manufacturing, and total quality management. Zero Inventory is a key concept in production planning as it helps to improve supply chain management and reduce costs. For example, a company producing automotive parts may use Zero Inventory to maintain zero inventory levels and improve supply chain management.