MPS (Master Production Schedule)

MPS, or Master Production Schedule, is the master production schedule that specifies which products and in what quantities are to be manufactured in a given period.

MPS is a key element of production management because it enables resource planning, inventory management, and the synchronization of production with market demand.

In digitally integrated systems, MPS is dynamically updated based on market data, enabling faster responses to changes in demand and the optimization of production processes.