Paper Title
Literature Paper Review: Improvement of Production Planning in Manufacturing Industry
Article Identifiers
Authors
Pranav Nimbargi , Dr C K Nagendra Gupta , Dr. Shobha N S
Keywords
1. PPC: Production Planning and Control 2. VSM: Value Stream Mapping 3. MTO: Make-to-Order 4. MSME: Micro, Small, and Medium Enterprises 5. WIP: Work-in-Process 6. ABC: Activity-Based Costing 7. XYZ: Classification system for inventory optimization 8. VED: Vital, Essential, and Desirable classification for inventory control 9. FSN: Fast-moving, Slow-moving, Non-moving (inventory categorization) 10. IDR: Indonesian Rupiah (currency) 11. PVMS: Price Vocabulary of the Medical Stores
Abstract
This research paper delves into the intricacies of production planning within the manufacturing industry. By analyzing operational workflows, it identifies critical inefficiencies related to order processing, inventory management, and production scheduling. These inefficiencies result in prolonged lead times, excess stock levels, and material count imbalances, collectively impacting the industry’s competitive edge. A systematic literature review of 40 publications in Lead time analysis and Inventory control and tracking was employed in this study, This review presents a bifurcation of 5 suitable papers for Lead time reduction and 7 suitable papers for inventory control and tracking. The study aims to address these challenges and enhance overall efficiency in heavy equipment production planning
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How To Cite (APA)
Pranav Nimbargi, Dr C K Nagendra Gupta , & Dr. Shobha N S (June-2024). Literature Paper Review: Improvement of Production Planning in Manufacturing Industry. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(6), a684-a688. https://ijnrd.org/papers/IJNRD2406065.pdf
Issue
Volume 9 Issue 6, June-2024
Pages : a684-a688
Other Publication Details
Paper Reg. ID: IJNRD_223002
Published Paper Id: IJNRD2406065
Downloads: 000121986
Research Area: Engineering
Country: Bengaluru, Karnataka, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2406065.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2406065
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Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
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This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition


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