MBA Operations Project on Production Planning in India

MBA Operations Project on Production Planning in India


Abstract

The goal of this research is to determine the necessity for and significance of PPC (Production Planning and Control) in the manufacturing sector. Material coordination with suppliers, effective use of personnel and equipment, efficient material flow, and communication with customers are all goals of production planning. Materials Planning, Purchasing, Raw Material,Inventory Control, Capacity Planning, Scheduling Machine and People, WIP Inventory Control, Coordinate Customer Orders, and Finished Goods Inventory Control are all supported by Production Planning and Control. Production planning and control helps in a variety of ways, including maximising capacity, controlling inventory, ensuring quality, and reducing production time. To guarantee intended outcomes, production planning is supported with a control mechanism. Results are compared to plans, and if any deviations are discovered, the plan is revised. As a result, ProductionControl is a readjusting procedure that includes corrective actions for planned development.

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Introduction

With a total sales turnover of approximately Rs. 13,700 million in 2002-03, the Eicher Group is now a major participant in the Indian automotive market. SO-14001 certification has been given to Eicher Tractor. Eicher Tractors is now the undisputed leader in the 22 HP to 32 HP engine category, as well as the 15 KVA to 30 KVA genset category. The Eicher Group began in 1948 with the establishment of the Goodearth Company to sell and repair foreign tractors in India. In 1959, the Company established Eicher Tractors Ltd. in India in cooperation with Gebr. Eicher, Germany, in response to an urgent need to mechanise Indian agriculture. 1.2 The Study's Objectives The study's goal is to show that production planning and control methods have an effect on resource efficiency, waste reduction, waiting time reduction, and processing, all of which contribute to the industry's profitability.

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Conclusion

Production planning helps to the effective utilisation of facilities and equipment by defining the sequences and timetables of activities. PPC is used to discover manufacturing processes that result in shorter lead times and, as a result, shorter customer wait times. PPC ensures that production capacity, materials, and other equipment are used to their full potential, resulting in waste reduction and improved profitability. So that a realistic strategy may be devised, carried out correctly, and the best possible outcomes can be obtained. As a result, production planning and control is an interconnected operation that cannot be carried out by a single department. The following are the project's results on Eicher Tractors' production planning and control operations.

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