What is production planning process?

Production planning management typically manages the production system , predicting the demand and planning things accordingly. This process begins when management of an organization gathers input from the various organizational functions—such as finance, marketing, operations, and engineering—to develop a business plan. The business plan, with its long-term focus, provides the company’s direction and objectives for the next two to ten years. The business plan is then typically updated and reevaluated annually.