What is master production scheduling in SAP PP-MRP - Material Requirements Planning?

SAP Term: master production scheduling

• Component: PP-MRP

• Component Name: Material Requirements Planning

• Description: The parts or products, in master production scheduling, that influence company profits or that take up critical resources are planned. Master schedule items are marked with the MRP procedure for master production scheduling.

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• Key Concepts: 
  Master Production Scheduling (MPS) is a component of the Material Requirements Planning (MRP) module in SAP. It is used to plan and manage the production of finished goods and components. MPS helps to ensure that the right materials are available at the right time and in the right quantities to meet customer demand. 
  
  How to use it: 
  MPS is used to create a production plan that takes into account customer demand, inventory levels, lead times, and other factors. The plan is then used to generate purchase orders for materials, production orders for components, and sales orders for finished goods. The MPS module also provides tools for monitoring and controlling the production process. 
  
  Tips & Tricks: 
  When using MPS, it is important to keep track of inventory levels and customer demand in order to ensure that the production plan is accurate and up-to-date. It is also important to consider lead times when creating the production plan, as this will help to ensure that materials are available when needed. 
  
  Related Information: 
  The MPS module is closely related to other components of the MRP module, such as Capacity Requirements Planning (CRP) and Material Requirements Planning (MRP). These components work together to ensure that materials are available when needed and that capacity is available to meet customer demand.