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Definition of production planning

production planning:

"The cross-functional process of devising an aggregate, family-level plan for a month or quarter based on management targets for production, sales and inventory levels. It meets operating requirements for fulfilling basic business profitability and market goals, and provides the overall desired framework in developing the master production schedule and in evaluating capacity and resource requirements. (Production planning , The process of creating an overall production plan for the factory, over a specified time horizon )"

Get more definitions about production planning and other ERP related terms here. Learn everything you need about ERP software here.

Terms related to production planning:
  advanced planning and scheduling (APS)
  Aggregate planning
  Business plan
  Capacity planning
  Capacity requirements planning
  capacity requirements planning (CRP)
  Distribution resource planning
  Finite capacity planning
  Infinite capacity planning
  Job shop production
  lean production
  Long range planning
  Manufacturing resource planning
  manufacturing resource planning (MRP II)
  mass production
  Master production schedule
  Material requirements planning
  Mixed model production
  Multi-model production
  Optimised production technology
  p chart
  planning horizon
  planning system
  Process planning
  product acceptance
  product code
  product configurator
  product costs
  product data management (PDM)
  product definition
  product family
  product life cycle
  product lifecycle management (PLM)
  product mix
  product rationalization
  product structure
  production database
  production line
  production material
  production order
  Production plan
  production schedule
  programmed production
  Resource planning
  Rough cut capacity planning
  Sales planning
  Strategic planning
  supply chain planning (SCP)
  Universal product code
  Vendor capacity planning

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