Materials Planning

Materials Planning
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Abstract
Materials planning involves scientific planning methods which are used to determine consumable requirements, a variety of raw materials together with spare parts which are regarded as essential for the implementation of a production plan. Material planning together with operations management goes hand in hand because both are focused on planning or organizing time-phased materials in readiness for production or manufacturing activities. Therefore, both material planning and operations management are focused on delivery of services and raw materials for production. The companies aim at ensuring that there is the success where inputs are turned into resultant outputs for production. Manufacturing resource planning system involves a master schedule aimed at determining a variety of raw materials needed to plan for production in the future. The material planning is responsible for forecasting material procurement. Macro factors like business cycles, price trends or export policies always influence material planning. On the other hand, micro factors such as production plans, inventory holding or investments also affect material planning as internal factors of the organization.
Keywords: materials planning, materials requirements planning, master schedule, manufacturing resource planning system, time-phased materials, price trends, operations management.
Materials Planning
Materials planning involves scientific planning methods which are used to determine consumable requirements, a variety of raw materials together with spare parts which are regarded as essential for the implementation of a production plan.

The material requirements planning becomes an important constituent of the entire organization (Ptak, 2011). Manufacturing resource planning system involves a master schedule aimed at determining a variety of raw materials needed to plan for production in the future.
Material planning together with operations management goes hand in hand because both are focused on planning or organizing time-phased materials in readiness for production or manufacturing activities (Ptak, 2011). Therefore, both material planning and operations management are focused on delivery of services and raw materials for production. The companies aim at ensuring that there is the success where inputs are turned into resultant outputs for production. Raw materials and services are therefore the gross requirements needed in such stages aimed at ensuring successful production (Ptak, 2011).
In materials planning and operations management, there exist both dependent and independent demands from customers. Therefore, the demands have to be met in the planned lead times to ensure that the customers are satisfied with the services they receive. Planned order releases have to be taken care of at the right time after customers have placed their orders in a closed-loop system. The material planning is responsible for forecasting material procurement (Ptak, 2011). Macro factors like business cycles, price trends or export policies always influence material planning.
On the other hand, micro factors such as production plans, inventory holding or investments also affect material planning as internal factors of the organization (Ptak, 2011). Corporate policies hugely affect material planning. Price trends also affect material planning in a great way. Material planning may be practiced by past consumption requirements. Material planning may also be practiced by planning for material resource (Ptak, 2011). Planning for material resource involves the establishment of a production plan aimed at manufacturing.
Reference
Ptak, C., & Smith, C. (2011). Orlicky’s Material Requirements Planning 3/E. McGraw Hill Professional.