Planning job is most difficult but an important one in the organization. In this process, the system tries to achieve a balance between optimizing the service level
on the one hand, but at the same time, minimizing costs and capital lockup on the
other hand.
Reckoner Planning has flexibility to support variety of manufacturing strategies, such as Make to order, Make to
Stock and Assemble to order. Manufacturing environment
could be process based and discrete for producing
finished goods.
In case of Process manufacturing Production Plan is an essential document and BOM
and Routing needs to be defined once, as process remains same for all Production
plans. But in case of Discrete production entire Planning to execution cycle holds
an importance.
Reckoner Planning enables short term forecast and is derived from the long-term
forecasts. It enables planning for contingency through tools like "What if analysis?"
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Reckoner planning takes into consideration the entire planning cycle of the organization
begins from Sales forecast to Cash flow planning.
In the industries having established production lines, Sales forecast forms the
basis for the sales plan for the period. SOP provides a time -phased commitment
of resources and form the basis for master production
scheduling which creates a
schedule for a production of an item. Capacity leveling balances the master schedule
according to plant capacity and periodically production activities are planned.
Then material Requirement planning forms the basis for purchase of materials.
Cash flow planning takes into account Planned production Order, Planned Purchase
Order and Planned Sales, which forms the basis for planned cash flow.
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Reckoner Planning provides necessary link between company's plan and the operations of each department. It provides a means for orchestrating all departments, as it
communicates the plans both horizontally and vertically. It yields a realistic plan.
Reckoner Sales and Operation plan is based on sales Forecasting and sets a target
for Reckoner Sales.
Reckoner Planning also communicates with Reckoner manufacturing as, production order
is generated based on production planning.
Reckoner Material Requirement planning raises an Indent for procurement of material.
Thus it interacts with Reckoner Inventory Management.
Reckoner Cash Flow Planning and Budgeting interacts with Reckoner
Financials.
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