Saturday, August 21, 2010

How does production planning and control contribute to the competitiveness of a company?

The objective of PP is to start %26amp; finish the process within the scheduled time ,thereby to avoid any loss of extra men hours , high costs due to emergency purchases , stoppage in process due to non -availability of funds, delays in delievery of orders to customers .


PP starts with the receipt of the order.This needs deciding material ,labour, machine hrs. %26amp; funds requirement . Order implies Marketing while funds require Finance function .


All these decisions are to be taken in time %26amp; this starts with PP.


This proactive approach leads to efficiency in business operations %26amp; helps company in retaining its market.

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