Long-term planning is necessary if you have biters enabled: typically you need to secure territory/resources and invest in defenses before the resources run low and while the biters are still manageable. Otherwise things can get badly out of hand.

Edit: IMO the biggest difference between Satisfactory and Factorio is that Satisfactory has no crises. If a Satisfactory base shuts down it is annoying, but you can dig another miner / / build another plant / etc, entirely at your leisure. But in Factorio, a shutdown is an emergency with a ticking clock.