Which is a common objective of Manufacturing Planning?

Accelerating time-to-market is a common objective of manufacturing planning because it directly impacts a company's ability to respond to market demands and stay competitive. The process of manufacturing planning involves organizing and optimizing various production elements to ensure that products are developed and brought to market as quickly as possible. This requires efficient scheduling of production, effective resource allocation, and streamlined processes to minimize delays and bottlenecks.

By focusing on reducing the time it takes to move from product conception to market delivery, companies can capitalize on emerging trends, increase customer satisfaction, and gain a competitive edge. The emphasis on reducing lead times allows manufacturers to react swiftly to changes in consumer preferences or competitive actions, which is vital in today's fast-paced market environment. Thus, accelerating time-to-market is not just a goal but a strategic necessity in manufacturing planning.