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Salary of a Production Planner, Types, Roles, Skills, Salary 2023

Production Planning is the job which requires you to plan/organize things according to the customer's needs and satisfaction within deadline. Production planning, including scrums and monthly plans, ensure that resources are used to their full potential and it is essential for efficient production.

To become a production planner you need to pass certain eligibility criteria such as a MBA in Production Management degree or a Diploma in Production Management. With this you must have certain skills like planning of raw materials, good communication abilities, maintaining a balance between workers, allocation of work, etc.

CheckHow to become a Production Planner

In recent times, there is growing demand for Production Planners particularly in a developing economy like India. The average salary of a production planner lies between INR 8 lakhs to 30 lakhs per annum.

It is critical to plan ahead of time in order to complete tasks on schedule. You won't be able to keep your consumers satisfied if you don't know your supply levels, workstation availability, or job schedules.

What is Production Planning?

The planning and distribution of raw materials, workers, and workstations to meet orders on time is known as Production Planning. Depending on demand, a company that uses the make to stock method of manufacturing will create work orders on a timely basis. The Production Managers who supervise the shop floor normally set the production plans.

Production Planning aids in the planning of raw material purchases based on the number of final goods to be produced. Inventory, cash flow, sales, and distribution are all involved. To deliver orders on schedule, an effective production strategy makes the most use of available resources.

Manufacturing facilities are unable to schedule their production processes efficiently without Production Planning, limiting overall production output. When errors are made throughout the planning process, the result is an inaccurate timetable, which leads to late orders, internal chaos, dissatisfied customers, and lost revenue.

How to become Production planner?

  • In these developing times, there is a growing demand for Production pPanners. However there is no particular eligibility criteria for becoming a Production Planner, You can follow certain steps:
  • A person who wants to pursue production planning must have a good Mathematical understanding. It will be beneficial if you take Math in your 12th boards.
  • After that you'll be needing to pursue higher education in this field. As sometimes companies hire a person for a production planner position with little or no experience if a candidate has the appropriate education and has a good understanding of production systems and its processes.
  • In general, depending on your preferences, you can choose from a variety of post-secondary educational programmes such as industrial distribution, supply chain management, or logistics to help you prepare for a career as a production planner.
  • With educational qualifications, a period of experience in this field is also a considerable factor for obtaining a good position. While pursuing your degree, part-time or full-time work in a manufacturing or production environment can provide you with valuable experience.
  • You should educate yourself with one or more materials requirement planning (MRP) systems. These software systems are used by almost all industrial companies to organise production and inventories. This system is an important tool for production planning and the overall manufacturing process, and it can help you enhance your skills as a production planner.

What Does a Production Planner Do?

In a manufacturing firm, the Production Planner is in charge of coordinating production and other procedures. He chooses the goods and materials that will be employed in the manufacturing process. Aside from that, the Production Planner allocates the work evenly among the workers and sets timestamps to ensure that production runs smoothly.

Some of the important Responsibilities of a Production Planner are:

  • Production tasks should be scheduled based on demand.
  • Communicating the status of output to managers and team leaders.
  • Creating a production plan with management.
  • Addressing all difficulties that arise during production and identifying a solution.
  • Assigning responsibilities to other team members in order for the production to be completed before the deadline.
  • Creating a production budget and presenting it to the customer.

Types of Production Planners

Production planners may begin their careers as trainees and later advance to executive or managerial positions. A Production Planner’s main responsibilities include identifying inputs, scheduling production, minimizing production costs, ensuring product quality, and improving existing products. The job role will be determined by experience and profile. Some of the job profiles for a Production Planner are listed below.

Production Scheduler

Production schedulers develop and monitor production schedules to ensure that all company goals are accomplished and deadlines are met. They post schedules, troubleshoot production issues, attempt to enhance procedures, and assist in meeting company goals.

According to organisations, an early career Production Scheduler with 1-4 years of experience gets an average total pay (including tips, bonus, and overtime pay) of INR 405,424 per year. A Production Scheduler in their mid-career with 5-9 years of experience earns an average total salary of INR 597,805.

Warehouse Manager

A well-functioning warehouse is essential for any firm that stores and distributes materials or products. The Warehouse Manager is in charge of all activities at that location, which frequently include monitoring team performance, expediting products receiving and shipping, and insuring efficient, well-organized storage.

The average salary of an Operation Warehouse Manager range from INR 12 lakhs to 36 lakhs.

Supply Chain Manager

A Supply Chain Manager oversees the management of a company's or division's equipment, hardware, and other logistical elements. It is their responsibility to coordinate all of the activities involved in purchasing raw materials, delivering them to various locations around the organisation, ensuring that the company produces enough product to meet consumer demand, and delivering the finished product to the correct locations on schedule.

The average salary for a Supply Chain Manager ranges from INR 3,50,000 to 850,000 per year. Pay for this job is heavily influenced by experience.

Production Manager

As a Production Manager, you'll ensure that goods and services are produced safely, efficiently, and on time, while also meeting quality requirements.

The job's scope is determined by the type of the production system. The fact that many organisations are involved in multiple sorts of production contributes to the role's complexity. You'll almost certainly be in charge of both human and material resources.The average annual salary for a Production Manager is between INR 10 to 15 lakhs.

Production Executive

The business brains of production companies are Production Executives. They are in charge of ensuring that the production company is making a profit while also ensuring that all required requirements are implemented. They hire a production management team for each project, and they frequently supervise multiple teams at the same time. They aim to make sure that all of their projects are completed on schedule and in a professional manner.

The highest salary offered for a Production Executive in India is INR 15 lakhs per year. The lowest salary for a Production Executive in India is INR 5 lakhs per year.

Skills Required to Become a Production Planner

The skills required to pursue the career of a Production Planner has been discussed below.

  • Excellent understanding of the principles of production planning and quality control and making sure of continuity of production efficiently.
  • MRP II experience is required (Manufacturing resource planning) to make production cost effective.
  • MS Office and ERP systems are both useful skills you should have.
  • Good organizational and problem-solving skills.
  • Great communication skills to maintain good relations with dealers and customers.

Average Salary of a Production Planner

Based on various job profiles, a Production Planner can make an average of INR 12 lakhs, with the majority earning between 10 lakhs and 41 lakhs per year. The top 10% of employees make more than Rs. 26 lakhs every year.

Organisation Wise

Type of Organisation Average Monthly Salary
Government INR 32,000
Private INR 31,000

Specialization wise

Specialization Average Annual Salary(INR)
Production Scheduler 5-7 lakhs
Warehouse Manager 12 lakhs
Supply Chain Manager 9 lakhs
Production Manager 10 to 15 lakhs
Production Executive 12 lakhs

Experience Wise

Experience wise salary increases but with this responsibilities also increases. Senior-level Production Planners will be responsible to manage the activities of other workers also. The average salary will be more in comparison to other profiles in production management.

Experience Average Annual Salary(INR)
Starting Salary per annum (in INR) 2-3 lakhs
Mid Level Salary per annum (in INR) 5-10 lakhs
Senior Level Salary per annum (INR) 10-20 lakhs

Top Recruiters

Some of the major recruiting companies for Production Planner are as follows:

Motherson Sumi Systems Ltd Mahindra & Mahindra Ltd
JSW Steel Ltd Hindalco Industries Ltd
Grasim Industries Ltd Tata Steel Limited
Maruti Suzuki India Ltd Tata Motors Ltd

Salary of a Production Planner FAQs

Ques. What is the highest salary package for production planning?

Ans. Well it depends on your work experience and with which organization you are working with.

Ques. What salary can I expect as a fresher in production management?

Ans. One can expect a salary of INR 2 lakh per annum. Your salary will increase with experience and skills.

Ques. Who is a Production Planner?

Ans. Production planner is the one who makes sure everything will be done properly and on time within production. His works include, planning of resources, distribution of work, assigning responsibilities, etc.

Ques. Does a Career as a Production Planner require experience?

Ans. Well, kind of, in the starting you can do internships to gain experience and then can apply for big positions like executive in various organizations. Income is also based on experience and position.

Ques. What skills are required for a career as a Production Planner?

Ans. Production planning is not an easy job. There are various responsibilities of production planners. So accordingly different skills are required such as good communication abilities, problem solving skills, managing the cost of production, good at stats and maths, etc. With this a compulsory course or degree in this field is required.

Ques. Best Institutes to pursue production planning in India with good placement opportunities?

Ans. There are various institutes that provide production planning as a course. Some of the best are as follows:

  • Institute for Technology and Management
  • Indian Institute of Management Training
  • Allana Institute of Management Science (AIMS)
  • Indian Institutes of Product Management

Salary packages depend on the experience and the post you are applying for. Production executives and managers earn a good amount of salary.

Ques. What kind of production planners earn the most?

Ans. Production Executive and production managers earn the most, up to 15 to 30 lakhs.

Ques. What are the good courses to pursue for a career in production planning?

Ans. There are various courses available for pursuing production planning. Some of them are :

  • Bachelor of Business Management (BBM)
  • BBA in Logistics and Supply Chain Management
  • Bachelor of Business Administration (BBA)

Ques. What are the cons of a career as a Production Planner?

Ans. You will be in charge of completing the production within the specified time frame. Aside from that, you'll have to be concerned about the quality of the materials employed in the manufacturing process.

Ask your question

Answered Questions

AG

Archita Ghose

21 Sept 21

BIMTECH is considered among the top B-Schools in India. BIMTECH was a pioneer in bringing PG-level courses in Retail as well as Insurance thus enjoying a strong brand -pull from the top recruiters from this domain.

  • Also, the placement record of the last three years for both the courses has been quite good. In the 2021 placements, the average CTC offered at the institute was 8 LPA, while the highest CTC was 16 LPA.
  • Retail is a specialized form of marketing. For this course, BIMTECH assists its students with quality faculties and facilities.

Overall, the retail management course offered at the institute is quite good. On the official website of the institute, you will get information regarding various other factors such as previous placements, location, infrastructure, industrial exposure, faculty, activities on campus, etc.

...Show More

TA

Tithi Aggrawal

19 Apr 23

Both PGDM-RM and PGDM-IBM are similar in terms of ROI and placement. Both the courses in Bimtech offer good career options. Even in 2020, which was a challenging year, the students of Insurance and Retail were offered some quality profiles by multiple prominent recruiters. Some of the companies are Infosys, TCS, Bajaj Allianz, SBI, Aditya Birla Group, Religare, and H&M. The recent 2022 placement stats:

Domain

PGDM-IB

PGDM- RM

Average CTC (2022)

8.95 lakhs

8.90 lakhs

Average CTC (2021)

8.01 lakhs

7.95 lakhs

...Show More

PS

Prasad Sawant

26 Dec 22

The PGDM in Retail Management at KJ Somaiya is a relatively new course and not much can be said about its worth. But I have a friend who is currently pursuing RM at KJ Somaiya. According to him, it’s a good choice for someone with interest in this field to pursue this course because

  • The courses at SIMSR are at par with international curriculum.
  • Great exposure and learning through events held throughout the year. One such main event is the Retail Mela.
  • Many committees and student clubs have been set up to promote extracurricular activities 
  • The faculty is experienced and qualified. It does not undervalue the new courses at all.
  • One of the best campuses of India with great infrastructure and facilities.
  • The companies that you should aim for are Ikeya, Walmart ,Future Etc.

All this makes the course worth trying.

...Show More

SB

Sreeparna Bose

05 Jul 21

BIMTECH Noida is a great match for you if you see your future aspects in the retail sector. After getting into the retail field it would be tough for one to get into core marketing. Here’s why:

  • If you choose retail management specialization it can be tough for you to get core management jobs.
  • On the contrary, marketing students can opt for both core and retail jobs.
  • You need to have a good personality to become a vital part of the retail industry.
  • Below are some qualities which can help you survive in this field for the long term.
  • Excellent leadership skills
  • Strong foothold in providing outstanding customer service
  • The ability to handle stressful situations like customers dealing with cool & calmness.
  • If you think you are lacking some of these qualities, BIMTECH can provide you with navigation towards your goals.
  • BIMTECH is one of the leading institutes for retail management, making it a good option. They offer good placements and emphasize a lot of holistic development. Right from academics to industry exposure to extra and co-curricular activities, focus on 360-degree growth.

Categories

Retail Management in BIMTECH

Course Fee

9.00 lakh

Highest CTC

10.3 LPA

Average CTC

8.1 LPA

Median CTC

5.5 LPA

Recruiting Companies

Accenture, Aditya Birla, Infosys, L&T, etc.

Overall, you must opt for the retail sector if you can handle challenges and if you want to be a part of it in the long run. With good placements and industry exposure, BIMTECH is undoubtedly a good place to study retail management.

...Show More

AS

Anjali Sharma

04 Feb 21

BIMTECH, Greater Noida one of the most desired and highly ranked B-schools in India. It is a preferred destination for MBA or PGDM for CAT 2020 aspirants. Great learning, decent placements, and relatively modest CAT cut-off used in shortlisting for flagship PGDP add to the key strengths of this coveted B-school.

Admission: 

  • BIMTECH will accept CAT, XAT to shortlist candidates for the final admission round for PGDM. 
  • For admission to PGDM (RM) and PGDM (IBM), an aspirant is required to have a valid CAT / MAT / XAT / GMAT / CMAT score. 
  • The Retail Management admission is admissible through the MAT / CMAT score also. 
  • Minimum 60 percentile in CAT / XAT and minimum of 80 percentile in MAT/CMAT is required.

Along with the good score, student performance is also examined. BIMTECH has its own selection criterion, which includes Written Ability Test (WAT) and Personal Interview (PI) and the student has to perform well in both.

...Show More

SR

Shivani Rai

04 Feb 21

In the current industry, the demand for retail marketing is increasing. The upcoming market leaders need to be innovative. BIMTECH prepares students for that precisely with proper guidance and industry contacts. It is considered one of the leading B-schools of India. Dissertation and practical projects are an essential part of the PGDM-Retail curriculum of BIMTECH. BIMTECH course work consists of internships, live projects, and industry visits, etc. which will surely give you an upper hand. 

Practical Experience:

  • In Retail Management, you will need practical hands-on experience and BIMTECH excels in it. 
  • In the past, students performed hands-on projects in one of the best malls in Delhi along with a faculty. 
  • These practices come in handy if you want to become an expert in communication skills, interpersonal skills, learn body language and read the minds of the customers.

Placements:

BIMTECH has a promising placement record for Retail Management. 

  • Each student must go through a 3-month internship before the placements. Which is quite beneficial for students.
  • The institutes Centre For Corporate Relations guide the students through the whole process of preparing the CV or preparation for the final placement interview.
  • Madura Fashion & Lifestyle, Aditya Birla Retail, Catwalk, Bata India, Raymonds are some of the top recruiters at BIMTECH.
  • During the summer internship, the institute had about 170 Corporates and organizations that offered three months of internships to 354 first-year students. 

The table shows a brief overview of the institution.

Median CTC

INR 8.13 LPA

Highest CTC

INR 23 LPA (International), INR 18 LPA (Domesttic)

Fees 

INR 9 lakhs

Entrance Examination

CAT/XAT/GMAT

Overall, BIMTECH is a great potential choice for retail management. It also has a legacy of offering quality education in the field of management for almost 3 decades. 

...Show More

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