![]() ![]() It enables long-term planning of materials and capacity, critical in an industry characterized by seasonal demand variations. Forecast Planning: This process calculates gross requirements based on future projections or forecasts.It controls inventory replenishment on a daily basis, enabling efficient short-term operations. Master Planning: Also known as the Net requirements plan, the master plan calculates net requirements based on current orders.The Master Planning process revolves around three key elements: In the food and beverage industry, this assessment must be particularly precise, taking into account factors such as expiration dates, seasonal availability, and regulatory compliance. What raw materials and capacities are required to complete production? Master Planning explores what needs to be manufactured, purchased, transferred, or set aside as safety stock before production can be completed.In an industry where raw materials are often perishable, this helps prevent wastage and ensures the timely utilization of resources. What raw materials and capacities are currently available? This includes a comprehensive understanding of existing inventories, production capabilities, workforce readiness, and machinery status.Master Planning is a critical component in the Microsoft Dynamics 365 Supply Chain Management toolkit (you can find a refresher on master planning here) that can help manage this delicate balance. Managing production and supply chain in this industry requires a balance of raw materials, capacities, and timing to ensure that the right products are delivered to the right place at the right time. In the rapidly evolving and highly complex food and beverage industry, where fluctuating demands, perishability of goods, and seasonal variations dictate daily operations, precise planning is extremely important.
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