How to Create a Master Production Schedule (MPS)

How to Create a Master Production Schedule (MPS)

Manufacturing is a complex process that requires balancing production capacity, inventory levels, material requirements and other aspects to fulfill orders. A master production schedule (MPS) is essential in manufacturing, as it can be the difference between making a profit or experiencing a loss in revenue. Data sources such as aggregate planning, stock inventory level, production capacity, and material requirements planning can be used to create a master production schedule. The primary purpose of a MPS is to forecast demand for a product over a period of time, but it also has other important roles in manufacturing and production planning. The most important details in creating a master production schedule are to start with a demand plan, identify the raw materials needed, develop a proposal of the master production schedule, make any calculations necessary to meet the demands, communicate the production schedule to everyone involved in the manufacturing process, and return to the schedule to see if supply is balanced with demand. This will ensure that orders are produced on time and with the expected quality.