Definition

advanced planning and scheduling (APS)

Advanced planning and scheduling (APS) is a type of system that tracks costs based on the activities that are responsible for driving costs in the production of manufactured goods. An APS allocates raw materials and production capacity optimally to balance demand and plant capacity.

Learn More About IT:
> Wikipedia has an entry about advanced planning and scheduling.
> Scott Hamilton explains how APS and ERP work together. (Free registration required.)

This was last updated in July 2009

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