4.0 industrial revolution presents as an overall change caused by the digitalization and automatization of every part of the company, including the manufacturing process. Manufacturing companies last because they produce finished products that are needed by consumers. The challenge now is how to compete with other manufacturing companies.
The company must be able to deploy the right production planning strategy to ensure the production process finishes in the right time, for the right price, and meets the consumers’ expectations in terms of quantity. So, here are several manufacturing production planning strategies that you can use as a reference for your company:
1. Able to Predict Consumer Demand
One manufacturing production planning strategy you can try is predicting consumer demand. This is important because the company knows how many items it should produce in a certain time. You can predict consumer demand by looking at the historical demand in the past 6 months or a year back.
Furthermore, companies can use inventory management systems to analyze consumer demand and find out more about the inventory’s flow. Automatic system processes will also save time and increase the accuracy of estimates about what products will have increased demand from consumers in the future.
2. Inventory Control
Proper inventory control is a part of the manufacturing production planning strategy. Inventory control refers to all aspects of managing a company’s inventories: purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering. It also has several features, such as; completing adequate product inventory, having enough and adequate supply of raw materials, and providing inventory under consumer demand both in quality and quantity. By using proper inventory control, it can give you deep information on which products are more or less profitable, and predict inventory requirements.
3. Able to Identify Problems
Every industry has its challenges, manufacturing companies are no exception. Some companies identify the problems that might occur in the future by gathering information and checking the history of previous failures to be able to come up with a solution. You can also use Failure and Securities Analysis Modes to determine and find the best solutions to reduce potential problems that may occur in manufacturing business operations.
4. Explain the Manufacturing Production Planning Strategy in Detail
After you apply the manufacturing production planning strategies above, the last thing you should do is explain the planning strategy in detail to employees so that employees can easily understand. You can provide planning concepts, updated job descriptions, and production schedules using manufacturing management software. Manufacturing production planning is very important, make sure that your company is allowing each employee to understand manufacturing planning so that the production process can run optimally.
Well, that explains what manufacturing production planning strategies are. If you want to build a manufacturing company, you should look for an industrial area that has the complete facilities and a strategic location close to transportation routes.
One industrial area that has a strategic location is Karawang New Industry City (KNIC). Located close to the capital city of Jakarta and with a lot of access makes KNIC a suitable area for building and renting warehouses.
In addition, KNIC has 6 access points to national infrastructure such as the Jakarta-Cikampek toll road, the Jabodetabek LRT, the Trans Java line, the Jakarta-Bandung Railway, the Kertajati International Airport, and the Patimban port. In addition, KNIC is also supported by facilities such as premium electricity, natural gas, and fast internet connections to support the performance of manufacturing companies.