What Is Strategic Planning For Production? Definition Meaning

What is Strategic Planning for Production What is Strategic Planning for Production? Definition Meaning What is Strategic Planning for Production? Definition


The definition of strategic planning for production is quoted below.

"Strategic planning for production implies focusing on the alignment of production management within an organization with its corporate and business strategies to gain a strategic advantage."

What is Strategic Planning for Production What is Strategic Planning for Production? Definition Meaning

Image Credits © Motion media works.


What is Strategic Planning for Production What is Strategic Planning for Production? Definition Meaning Meaning of Strategic Planning for Production


Strategic planning for production is a broad overall planning. It is done before production planning. Strategic planning for production is different from production planning. Strategic planning gives only a broad view whereas production planning gives overall essential details of production.

Strategic planning for production is done after considering the latest objectives of the organization and the current environmental conditions. It is a guide for tomorrow's decisions and results. All other production plans are based on this plan. Strategic planning for production coordinates (brings together) the production plan with the overall (main) plans and strategies of the organization. It also coordinates the production plan with the other department plans like the finance plan, purchasing plan, marketing plan, etc.

So, strategic planning for producing is a broad over view of production. It tells us, how the organization will achieve its production objectives.

The strategic planning for production is useful for:

  1. Planning the production design.
  2. Finding out the number of skilled, semi-skilled and unskilled workers required for production.
  3. Preparing the departmental plans.

Strategic production planning is done to achieve the main objectives of the organization. The prime objective of most organisations is to increase sales and earn a high profit. Both these objectives can be achieved if the consumers are satisfied. So, the planners must try to satisfy the consumers. They must find out and satisfy the needs and expectations of the consumers. They must design and make the products to fulfil the demands of the consumers. They must also consider the engineering and cost aspects of production. That is, they must try to produce better a quality product at the lowest possible cost.

If the strategic planning for production is successful, all consumers will satisfy, and this will increase the sales and profit of the organization.

Komentar

Posting Komentar

Postingan populer dari blog ini

Graicunas Theory Of Span Of Control - Example And Formula

Gambar
Graicunas Theory of Span of Control Vytautas Andrius Graiciunas (1898-1952) was a Lithuanian french management consultant, management theorist and engineer. Image Credits © Verslo Naujienos . In 1933 , he published a paper called " Relationship in Organisation ." In this paper, he mentioned three types of Superior-Subordinate relationships, viz., Direct Single Relationships, Direct Group Relationships, and Cross Relationships. According to V.A. Graicunas, as the number of subordinates increases arithmetically (like 1, 2, 3, 4, 5, 6, etc.) the number of relationships which the superior has to control also increases almost geometrically (like 1, 6, 18, 44, 100, 244, etc.). Therefore, a superior can only control a limited number of subordinates, and anything beyond this limit is very hard to control. Example of Graicunas Theory V.A. Graicunas Theory can be explained with the help of this simple example. For example, consider Gaurav (G) is a superior (boss) and Manoj (M...
Baca selengkapnya

Balance Of Payments Bop Theory - Find Exchange Rate

Gambar
Introduction - Balance of Payments (BOP) Theory BOP is yet another important theory of exchange rate determination. It is also known as General Equilibrium Theory . According to this theory, when there is free market situation, the exchange rates are determined by the market forces i.e. demand for and supply of the foreign exchange. This theory is based on simple market mechanism in which the price of any commodity is determined. Under this theory the external values cf domestic currency depends on the demand for and the supply of the currency. The Nation's overall Balance of Payments (BOP) can either be in surplus or in deficits. When the nation's BOP is in deficits, the exchange rate depreciates, and when BOP is in surplus, there will be healthy foreign exchange reserves, leading to the appreciation of the home currency. Under deficits in the BOP, residents of a country in question demands foreign currency, excessively leading to excess demand for foreign currency in ter...
Baca selengkapnya

Balayam Nail Rubbing Exercise Cures Alopecia, Hair Loss, Bald

Gambar
Disclaimer! Following article is not an outcome of a medical research nor mentions any scientific evidence to support its claim. Subject below is controversial in nature and is completely based on author's personal experience. Before imitating on any of the following, please do consult a registered medical professional. Author of this article is neither a doctor, nor he is involved in any health related research studies. Whether to or not to trust material below is left to you. This is for your kind information to avoid consequences, if any, arising by using information published on this website. 1. What is Balayam ? Balayam, a Yoga technique, was invented in India by ancient Rishi Munnis (Wise Sages) who were maestro Yogis (Yoga Masters) and Vaidyas (Doctors) of their time. These scholarly Indian ancestors who even excelled in science of Ayurveda and Human Physiology found Balayam as a simple solution to the most complex dilema of baldness. According to them, Balayam or Na...
Baca selengkapnya