THE EFFECT OF MATERIAL MANAGEMENT TECHNIQUES ON PRODUCTION PLANNING PROCESS.

THE EFFECT OF MATERIAL MANAGEMENT TECHNIQUES ON PRODUCTION PLANNING PROCESS.

Abstract:
Effective material management is crucial for optimizing production planning processes and ensuring operational efficiency in manufacturing and supply chain environments. This abstract provides a concise overview of the key findings and insights from a comprehensive review of literature on the impact of material management techniques on production planning.

The review encompasses a wide range of material management techniques, including just-in-time (JIT), economic order quantity (EOQ), material requirements planning (MRP), vendor-managed inventory (VMI), and lean manufacturing principles.

The findings highlight that the adoption and implementation of efficient material management techniques positively influence the production planning process in several ways. Firstly, these techniques enhance inventory control and reduce stockouts, leading to improved customer service levels and reduced carrying costs. Secondly, they facilitate accurate demand forecasting, enabling more precise production plans and schedules. Thirdly, material management techniques streamline procurement processes, resulting in reduced lead times and improved supplier relationships. Additionally, the integration of these techniques with enterprise resource planning (ERP) systems enhances visibility and coordination throughout the production planning process.

However, the review also identifies challenges associated with material management techniques. These challenges include data accuracy and reliability, information sharing and collaboration among supply chain partners, and the need for continuous process improvement and employee training.

In conclusion, an effective and strategic implementation of material management techniques significantly influences the production planning process, leading to enhanced operational performance, cost savings, and increased customer satisfaction. The findings from this review provide valuable insights for practitioners and researchers seeking to optimize production planning processes through the adoption of appropriate material management techniques.

Keywords: material management, production planning, just-in-time, economic order quantity, material requirements planning, vendor-managed inventory, lean manufacturing, inventory control, supply chain optimization, enterprise resource planning.

THE EFFECT OF MATERIAL MANAGEMENT TECHNIQUES ON PRODUCTION PLANNING PROCESS. GET MORE PRODUCTION AND OPERATION MANAGEMENT PROJECT TOPICS AND MATERIALS

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