It also provides direction and coordination among various functions of the company.
The level of detail in the strategic plan is not high as it contains general market and productions requirements and not sales of individual items.
Additional activities performed by PAC include: A Manufacturing Execution System (MES) is a subset of PAC capabilities.
The output of a well-managed PAC is a manufactured product with full visibility and high quality across the supply chain.
The second part describes in detail all the financial projections the company expects in the next few years, usually 3-5 years.
The supplemental information in the last section includes justified assumptions in the video production industry, competition analysis, among others.
A well-executed Manufacturing Planning and Control (MPC) system can deliver competitive advantage and often differentiates leading manufacturers from the rest.
The more the system is automated, the more it enables informed decisions that in turn speed response times.
Market potential is assessed and future demand is forecasted.
The updated marketing plan is communicated with manufacturing, engineering, and finance.