Master Production Scheduling (M.P.S)
Master Production Scheduling (or MPS as it’s often referred to) is a manufacturing planning tool that is used to capture a number of variables from different elements of the organization (customer demand, capacity, inventory levels, material flows, etc) and then describe which parts the organization will manufacture and at what frequency.
MPS is a fairly standard tool within manufacturing companies its usually administered through the operations/planning function and controlled by a team headed by a Master Production Scheduler. It’s typically administered through the MRP system. The MPS process stops the business being led by the “he who shouts loudest gets their parts syndrome” and delivers a manufacturing plan that not only targets meeting the needs of the customer but also the broader capabilities of the manufacturing organization.