Posted in Operations and Supply Chain Terms, Total Reads: 451
Definition: Production Scheduling
Production scheduling is the activity wherein all the resources that are used for the production activities whether it be raw materials, capital, manpower, logistics and any other activity is allocated on a timescale and the timing of production activities is scheduled. It identifies that what resources would be consumed at what stage of production, and according to the estimates a schedule is made so that the company doesn’t fall short of resources at the time of production.
The production schedule prepares in-depth estimates of future cash flow also to identify the requirement before taking up a project. Production scheduling tries to optimize the use of the manpower so that there are no excess manpower or shortage of manpower during the production process.
Production scheduling was traditionally done manually using paper and later organizations started using spreadsheets and now a no. of different software’s are available for the same. In production scheduling the process usually starts with the identification of the deadline and then moved backward to the current date and in the process the bottleneck processes are identified. Production scheduling takes into account all the constraints like capacity, manpower, Inventory, Plant floor throughput and tries to optimize their use.