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Glossary Supply Chain / Term

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.

Permanent link production planning - Creation date 2021-11-03


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