What is production planning inventory control?

Production Planning Inventory Control (PPIC) is a function within manufacturing and supply chain management that focuses on planning, scheduling, and controlling the production process and inventory levels. The goal of PPIC is to ensure that materials and products are available for production and customer delivery, while minimizing costs and avoiding overstock or shortages. PPIC professionals coordinate between various departments, manage production schedules, monitor inventory, and use forecasting techniques to balance supply and demand efficiently.