Before we explain the topic in hand, let’s assume that you want to go to your folks for this Christmas and you have to plan the whole trip, can you use your time effectively if you don’t know which route you want to travel on? The answer is a definite no which means if you can’t travel without proper planning, how on earth a company would produce millions of units without a production plan?
Now there is no need to explain production planning and its importance but you know there is no way a manufacturing unit can function without proper planning. On one hand, this planning makes sure that there is no wastage of resources or labor in the company and also that the customers are getting their products on time.
Unlike huge manufacturing units, smaller units need to develop production plans regularly for daily manufacturing plans. There may be a need to produce 100 units today but tomorrow this number will decrease to 60 and the day after tomorrow, it will again rise to 120. This way you can understand that this company can’t work with a permanent or long-term production plan but it has to define the planning each day according to the needs and requirements.
Here is a preview of a Free Daily Production Plan Template created using MS Word,
Advantages of Daily Production Planning:
It improves process flow
- It reduces the labor by eliminating the irrelevant processes
- It exceeds work in process inventory
- It reduces the costs of buying raw materials by decreasing the stock inventory
- It ensures maximum production in the manufacturing unit
- It allows the labor and management to use their full capacity
- It makes sure to work with on-time deliveries
- It improves customer satisfaction by achieving goals
Factors of a Good Daily Production Plan:
- It forecasts market expectations:
It is quite possible for a company that when its production process is completed, market trends are changed or the expectations have arisen which can create a big problem for the company. The production plan makes sure to foresee the upcoming trends in the market and the future expectations of customers and investors. - It improves inventory control:
Manufacturing units always keep a huge amount of inventories to keep the safe side in case of any emergency or shortage of raw material. With a daily production plan, the company resource planning department can easily estimate the exact needs of inventory for the production line and this way it is easier to keep only the necessary amount of inventory. - It improves the use of labor and resources:
With production planning, it is easier to use labor more efficiently and also it ensures a higher production level when the employees know the expectations of the company. It also eliminates the factor that more people are working on the production line when only a few of them are enough. - It ensures to complete production on time:
A company can’t complete the production on time without a manufacturing strategy and that strategy can’t be planned without production planning. This way the production planning ensures to completion of the production process on time and fulfills the expectations of consumers and marketers.
Here is the download link for above shown Free Daily Production Plan Template,
