Why Is Production Planning Important?

By Staff WriterLast Updated Apr 7, 2020 11:16:23 PM ET
Monty Rakusen/Cultura/Getty Images

Production planning ensures materials, equipment and employees are all available to meet production goals for a business. It also provides a detailed plan on how a company will reach its production goals and how long it will take to achieve it, which can be useful for letting customers how long it will take before they can expect their orders.