THE IMPACT OF PRODUCTION PLANNING AND CONTROL ON OPERATIONAL COST OF THE MANUFACTURING INDUSTRY

THE IMPACT OF PRODUCTION PLANNING AND CONTROL ON OPERATIONAL COST OF THE MANUFACTURING INDUSTRY

ABSTRACT

This research work was designed to examine at the impact of production planning and control in manufacturing company as a primary function of production management. Consequently, it integrates the planning and control activities with other managerial activities. The project views the production planning and control in the context of the business operation and consistently relates this function of management to relevant activities in production marketing and finance departments. It urges that in most business operations to day lack of planning in unit, section, department or organisation as a whole leads to over production or under production and some time complete failure of the business organisation especially in the production planning and control department. Planning in the organisation hierarchy, size and product. The project stresses the immense value attached to production planning and control as well as its application of systematic planning techniques, on the of overall production operations management. The study is also brings to light the importance of production planning and control and the role of forecasting in production management.

CHAPTER ONE

GENERAL INTRODUCTION

1.0   INTRODUCTION

Production planning and control are term that though commonly used have witness a lot of changes both in meaning and scope in the past few years.  For example based on the extended view of production to include the provision of all sort of service production both as a discipline of study and as a profession can now be practiced in all king of organization.

As in other fields of management planning and control from the primary function of production management.  It is for this reason that the research has decided to take a critical look at production planning and control as practiced in beverage industrial sector of the Nigeria economy.