How inventory control and production planning should be integrated so that there is no additional effort, time and money invested into the supply chain-automotive sector ?
For efficient, effective and economical operation in a manufacturing unit of an organization, it is essential to integrate the production planning and control system. Production planning and subsequent production control follow adaption of product design and finalization of a production process.
Production planning and control address a fundamental problem of low productivity, inventory management and resource utilization. To integrate both the process it is very much important to align the process of production planning and control system, this should be aligned in a way that the supply can fulfil the demand helping to manage bullwhip effect that may arise in supply chain.
1. The suppliers should have a plan for supply well in advance.