Production Planning plays a major part in any Manufacturing Industry. By rightly planning your production each time you get an order, it provides a clear understanding of factors like what resources you have, what more to purchase, how much capacity you can produce, within how long you can deliver your order, etc. Once you are clear on the expected results, you can plan more efficiently and avoid many hassles.
Planning and Production is the most required function for a manufacturing sector compared to other industries. Even if it is a small scale industry, once you are able to analyze these factors and come up with accurate predictions, this in-turn saves you a whole lot of time and gains customers trust. The planning is a module where it enables you to document a structured process flow of all the tasks involved for that particular FG. A Production is a module that gives you data about the ongoing status of the project and ways to speed it up where possible.