Production Planning and Control in a Steel Plant...

Production Planning and Control in a Steel Plant As per Ray Wild “Production planning is concerned with the determination, acquisition and arrangement of all facilities necessary for future operations”. Fixing goal of production and estimating resources required to achieve this goal is called production planning. It forecasts individual step into the production process. It helps to achieve production goals effectively, promptly and economically. According to James Lundy “the production control function involves the coordination and integration of the factors of production for optimum efficiency”. Production control is done after production planning. It implements the production plan. It directs, coordinates and controls the production. It helps to achieve the production goals. It helps to have maximum production at minimum cost. It also helps to have timely delivery of the products. In a steel plant, production process is a production system whereby raw materials are converted into finished steel. In this production system, some byproducts are also generated. The production system has got a wide number and variety of processes differing in their nature, technology and work environment. The primary objective of the steel plant management is that the operation of these diverse production processes is carried out in efficient, economical and integrated manner to produce and dispatch steel products required by the customers. This can be achieved by proper planning and exercising necessary controls at required levels and places. Further, a very large amount of data is generated in the process system which need to be collected and analyzed so that the data can be presented in a manner that it become useful for proper monitoring of the processes as well as decision making. In short, very close production planning and control functions are to be carried out in steel plant for proper functioning of...