Make-to-stock Process Homework Help

Get customized homework help now!

Make-to-Stock Process

Make-to-stock process occurs when a purchase order is issued to the manufacturing unit for storing temporarily or for a longer period as stock than against a customer order. This represents a decision-making structure to determine the appropriate product delivery for different products in a manufacturing system. The proposed approach gets the decision maker to benefit from the strategy. The process of manufacturing in make-to-stock process environment adds the value of the products through mixing, separating, forming, machining, and chemical processes. Make-to-stock products are specified to be shipped from finished goods, are completed prior to the receipt of the customer order, and generally produced in according to the sales.

Factors of Make-to-Stock Process:

One of the main factors involved during manufacturing which reduces the lead times to the customers. Since the clients are not desired to wait for their requirements until the manufacturing process are driven to anticipate their demand. The manufacturer needs to be ready in stock when a client demands in order. This leads to reduce in orders. Most companies aims their future demands based upon the historical client orders. Moreover, a consumer requirement will be varied according to the each member of the chain who observes the pattern of customers and which turns into a set of demands on its suppliers. Make sure for the accurate and collaborative demand forecasting. By providing business partner visibility into stock and by collaborating on a single shared forecast of customer demand,  can positively impact a set of key business to create a value across partners.

The manufacturer tries to satisfy the customer’s requirements and then the goods are forecasted. He keeps track of the material in stock either in the manufacturing plant or according to his distribution centers in the chain. This approach would help to keep goods closest to the location at which he is confident about the demand and also reduces time to deliver it. The interface with the Process Control System (PCS) helps to transfer the process parameters from R/3 to PCS and other way is a unique feature to the process. It helps to monitor the process performance and check it.

Benefit of Make-to-stock Process:

The primary benefit of make-to-stock process is when a customer has several options to acquiring the product. In such case, the customer views that there is a delay in acquiring material from one supplier and he immediately contacts another supplier. This process makes the manufacturer to keep the material ready and satisfy the customer requirements instantly. This leads to reduce in orders and lead times.

Questions:

  • Explain about Make-to-stock process.
  • What are the benefits of Make-to-stock process?



Classof1.com is a pioneer in online tutoring and homework help. Our tutors are highly qualified in their subject areas and have been helping students since 2003. For immediate Make-to-stock Process homework help, use the homework-help form present on this page. You can also get help with your Make-to-stock Process homework by writing to learning@classof1.com.

For instant assistance, click here to start a live-chat with us.



Operations Management Homework Help
Name* :
Email* :
Country* :
Phone* :
Subject* :
Attachment* :
Upload another homework (upto 5 uploads max.)
Deadline*

Type Your Questions OR Instructions Below
Type this code and send us your make-to-stock process homework questions to get written lessons from expert make-to-stock process tutors.
(Type Security Code - case sensitive)
By clicking on the "Get Homework Help" button, you agree to the Terms and Conditions of Classof1.
Classof1.com is a safe, secure and trusted website as certified by Norton Secure (powered by VeriSign)
About Us | Terms of Use | Privacy Policy Copyright © 2002-2014 Classof1. All rights reserved.
Live chat assistance with make-to-stock process homework help
Live chat assistance with make-to-stock process homework help