Abstract
The main purpose of Master Planning is to synchronize the flow of materials along the entire supply chain. Master Planning supports mid-term decisions on efficient utilization of production, transport, supply capacities, seasonal stock as well as balancing of supply and demand. As a result of this synchronization, production and distribution entities are able to reduce their inventory levels. Without centralized Master Planning, larger buffers are required in order to ensure a continuous flow of material. Coordinated master plans provide the ability to reduce these safety buffers by decreasing the variance of production and distribution quantities.
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© 2002 Springer-Verlag Berlin Heidelberg
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Rohde, J., Wagner, M. (2002). Master Planning. In: Stadtler, H., Kilger, C. (eds) Supply Chain Management and Advanced Planning. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-10142-1_9
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DOI: https://doi.org/10.1007/978-3-662-10142-1_9
Publisher Name: Springer, Berlin, Heidelberg
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