What are the Objectives of MPS?
Posted in Operations Management |
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Objectives of Master Production Schedule (MPS)
1. Keeping the inventories at the desired level by making perfect use of the resources that are available with the company.
2. Setting up due dates for the availability of the end items and also providing the required information regarding resources and also the materials – which act as the supporting pillars of the aggregate planning.
3. Maintaining properly, the desired level of customer service.
4. Setting particular schedules for the production of the parts and the components that are used as the inputs to materials requirements planning, in the end items.
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MPS which is effective in nature helps in keeping the customer delivery promises, as delivery in time forms a very important factor in today’s competitive world – which contributes towards the formation of the impression of the company, its working in the customer’s minds. An effective MPS acts as a basis for the utilization of the capacity of the plant to a good level and also helps in the resolving of the trade – offs that usually occur in between production and the marketing. With the help of the master production schedule, one can establish production schedule for the models of the products and one can also get the schedule input for the materials requirements planning process, along with the schedule that is used by order processing.