Production Planning and Control in Materials Management

The PGDM in Materials Management at MITSDE follows the curriculum can help you build a successful career
by providing the skills and knowledge needed in various aspects of business management.

1. MIT School of Distance Education Production Planning and Control

2. What is Production Planning and Control (PPC) ? Production Planning and Control (PPC) is a management process that involves coordinating and optimizing the resources, activities, and timelines involved in manufacturing goods or delivering services. It encompasses various tasks such as scheduling, resource allocation, inventory management, and quality control to ensure that production processes run smoothly and efficiently . Production Planning and Control (PPC) tackles critical issues such as enhancing productivity, optimizing inventory levels, and maximizing resource efficiency. Production planning is crucial for effectively organizing, coordinating, and managing various key aspects of manufacturing and service delivery.

3. 1. Optimal Resource Utilization : Efficiently use all resources, including materials, labor, and equipment, minimizing waste and reducing costs while maximizing output. 2. Smooth Production Flow : Ensure a continuous flow of production processes to avoid bottlenecks, disruptions, and idle time. This helps in maintaining a steady output rate which aligns with demand. 3 . Cost Minimization : By managing materials, labor, and overheads effectively, PPC helps in reducing the overall cost of production. This involves optimizing operations and reducing waste. 4. Quality Improvement : Continuously monitor and control the quality of output. PPC aims to ensure that the end products meet quality standards and customer specifications, thereby reducing the rate of defects and returns . 5. Inventory Management : Maintain optimal inventory levels to balance the cost of holding inventory with the service levels required to meet customer demands effectively. Objectives of Production Planning and Control (PPC)

4. The PPC process typically involves several interconnected steps that ensure operations run smoothly and effectively: 1) Demand Forecasting 2) Production Capacity Planning 3) Aggregate Planning 4) Master Production Schedule (MPS ) 5) Material Requirements Planning (MRP ) 6 ) Scheduling 7) Dispatching 8) Execution and Control 9) Inspection and Quality Control 10) Evaluation and Feedback Steps involved in Project Planning and Control

5. 1) Increased Efficiency : PPC helps to streamline operations by optimizing the use of resources and minimizing the time spent on production activities. 2) Cost Reduction : Effective production planning and control can significantly lower costs. By minimizing waste, optimizing inventory levels, and improving the utilization of machinery and labor, companies can reduce production costs and enhance profitability. 3) Improved Product Quality : With PPC, quality control is integrated throughout the production process. Regular inspections and adherence to standards ensure that the final products meet quality requirements, reducing the likelihood of defects and rework. 4) Proactive Problem Solving : Through continuous monitoring and controlling of the production process, PPC helps in identifying potential issues early, allowing for proactive measures to be taken before these issues become more serious problems. Benefits of Project Planning and Control

6. The implementation of effective Production Planning and Control systems is critical for optimizing manufacturing operations, improving product quality, reducing costs, and achieving customer satisfaction, thereby enhancing the overall competitiveness of the business. The PGDM in Materials Management at MITSDE follows the curriculum can help you build a successful career by providing the skills and knowledge needed in various aspects of business management. With MITSDE’s Post Graduate Diploma in Materials Management the manufacturing sector set to expand significantly both domestically and globally, a variety of new job opportunities at different levels within the industry are anticipated to emerge. Why Project Planning and Control is Important ?

7. Why MITSDE ? Learn the objectives and importance of material planning, handling and forecasting Understand the International Standards Organization (ISO) guidelines Learn the tools and techniques of quality management and the principle of TQM Understand the value analysis framework and its importance Learn the vendor evaluation process, negotiation skills, implementation of material management in ERP and SAP

8. Potential Careers Opportunities As a successful candidate, the course shall equip you with strategic material management skills. Job prospects will open up namely : 1) Strategic Manager 2) Supply Chain Manager 3) Material Manager 4) Procurement Manager 5) Inventory Manager 6) Commodity Manager 7) Strategic Sourcing Manager 8) Warehousing Manager

9. MIT School of Distance Education is one of the largest distance learning center in India. We offer various Post Graduate Diploma and Certificate programs & Online MBA Course across various industry sectors that include Operations Management, Project, Information Technology, Banking and Finance, Digital Marketing, Business Analytics and many more. MITSDE has, an online assessment system, flexi-learning approach and provides state-of the-art Learning Management System (LMS) which is in line with its mission 'flexible learning opportunities anywhere, anytime, and to provide ultimate convenience, ease, and flexibility to our students. About US

10. Regularly updated syllabus Industry-relevant course offerings Courses taught by Industry Experts Affordable courses No cost EMI options Self-paced learning Live webinars and doubt solving sessions Quick and highly-responsive student support Dedicated student support team Advantage of learning with MITSDE

11. Placement Record at MITSDE MITSDE has a dedicated Placement Cell providing 100% placement, CV building workshops and Career Counseling. Our Student Placement :

12. Placement Record at MITSDE

13. Contact Us Address: MIT Alandi Campus, Pune Moshi-Alandi Road, Alandi-412105,Pune Maharashtra (India) Phone: [phone] Email ID: [email protected] Website: www.mitsde.com

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