Definition
Production Planning is the process of determining what should be produced, when, in what quantity and with which resources in order to meet expected or confirmed demand.
Human Explanation
Production Planning prepares a practical plan so that the right products can be made at the right time using available resources.
Why it Matters
Good Production Planning reduces delays, overproduction, downtime and unnecessary inventory.
Conceptual Boundary
Production Planning determines what should be done, while Scheduling sets the exact sequence and timing of individual tasks.
Practical Perspective
A good production plan must be realistic. A plan that cannot be carried out is not a plan but a wish list.