Abstract
The main purpose of Master Planning is to synchronize the flow of materials along the complete supply chain. It supports the mid-term decisions on effective utilization of production, transportation, supply capacities, seasonal stock (along the lines of Anthony (1965)) and balancing of supply and demand. As a result of this synchronization, production and distribution entities are able to reduce inventory levels. This reduction is mainly founded in the redundancy of buffers between entities to enable a durable flow of material, caused by decentral decision processes. Due to decreasing variance of production and distribution quantities by coordinated plans, safety stocks can be reduced.
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© 2000 Springer-Verlag Berlin Heidelberg
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Rohde, J., Wagner, M. (2000). Master Planning. In: Stadtler, H., Kilger, C. (eds) Supply Chain Management and Advanced Planning. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-04215-1_8
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DOI: https://doi.org/10.1007/978-3-662-04215-1_8
Publisher Name: Springer, Berlin, Heidelberg
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