Business Studies, asked by himanshudangi698, 1 year ago

Difference between product planning and process planning

Answers

Answered by pavanrao8
2
Production and process planning involves defining and in some cases optimizing processes, structures, and layouts as the basic requirement for an efficient factory. In the key areas of material flow and production logistics, Ingenics also develops tailored concepts for plant and handling equipment.


Generally speaking, the planning of more efficient process structures results in reduced costs, the exploitation of potential production time, and thus a long-term competitive advantage. When it comes to product integration, the detailed and thorough planning of production processes is thus indispensable. Existing production systems and processes can also be optimized as part of the aim to increase efficiency.

For three decades, Ingenics has advised companies around the world on the issue of production and process planning, so it has a wealth of relevant experience to offer. At the same time, the proven methods and standards developed by Ingenics guarantee an efficient and in-depth planning process.

Answered by happykumarjain
1
Product Planning is the ongoingprocess of identifying and articulating market requirements that define aproduct's feature set. ... Product planning is the process of creating aproduct idea and following through on it until the product is introduced to the market.The planning process is a fundamental function of management and should result in the best possible degree of need satisfaction given the resources available.
Similar questions