Technical resources >> Operational Excellence >> Production planning and optimization
Production planning and optimization
SMEs manufacturing chemical products often have to deal with fluctuations in overall demand from customers as well as the type of product. This leads to higher inventory costs, waste material due to change-overs and loss of productive capacity due to change-overs.
The reader will learn about typical challenges in production planning and key features of planning the production of different chemical products in a fixed facility. The reader will learn how to optimize production scheduling, sequencing and levelling of inventory in order to reduce waste and improve overall plant utilization.