// ROBOTICS AND SMART FACTORIES TERM
Make to Stock
A production strategy where products are manufactured based on demand forecasts and held in inventory, ready for immediate sale.
TECHNICAL DEFINITION
Make to Stock (MTS) is a production strategy where products are manufactured in anticipation of customer demand, based on forecasts, and stored as finished goods inventory, enabling immediate fulfillment but carrying risks of obsolescence and inventory holding costs.
BACKGROUND
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products, or distributed via the tertiary sector to end users and consumers.
READ MORE ON WIKIPEDIASYNONYMS & ALIASES
- Build-to-stock
- forecast-driven production
- push system
- mass production
USAGE NOTE
MTS is suitable for products with stable demand and relatively low customization, like consumer staples.
DEVELOPERS
Organizations developing technology related to Make to Stock.
Develops enterprise resource planning (ERP) and supply chain management (SCM) software that provides advanced capabilities for demand forecasting, production planning, inventory optimization, and manufacturing execution, crucial for efficient 'Make to Stock' strategies within Industry 5.0.
Offers cloud-based ERP and Supply Chain Management (SCM) solutions that include functionalities for manufacturing, planning, inventory management, and demand forecasting, enabling companies to optimize their 'Make to Stock' operations.
Provides a comprehensive portfolio of software for product lifecycle management (PLM), manufacturing operations management (MOM), and supply chain management, enabling digital planning and optimization of production for 'Make to Stock' scenarios.
Specializes in AI-driven supply chain planning and execution solutions, including demand forecasting, inventory optimization, and fulfillment, which are critical for effective 'Make to Stock' decision-making and performance.
Through brands like DELMIA, it offers solutions for manufacturing operations management, production planning, scheduling, and supply chain optimization, supporting resilient and efficient 'Make to Stock' processes.
Provides concurrent planning platforms for supply chain management, offering advanced capabilities in demand planning, inventory optimization, and sales and operations planning (S&OP) to enhance 'Make to Stock' effectiveness.
Delivers industry-specific cloud software solutions, including ERP and supply chain management, that help manufacturers optimize production schedules, manage inventory, and improve forecasting for 'Make to Stock' environments.