Make-to-stock environment is a traditional production strategy adopted by businesses. The motive is to match the inventory with the anticipated consumer demand.
case study, demand management, supply chain managementA make-to-order environment is a pull-type of a production system. Here, demand in the form of an order triggers the production.
case study, demand management, supply chain managementA company’s manufacturing can be characterized as make-to-stock (MTS), make-to-order (MTO) and assemble-to-order (ATO).
case study, demand management, supply chain managementDemand management is the supply chain management function that equates the capacity of the supply chain with customers’ requirements.
demand management, supply chain managementForecasting the demand in tourism industry and maintaining a proper demand-supply balance is a major challenge. There is no doubt about tourism being an industry of economic, social and cultural importance for the world economy.
demand management, hospitality and tourism sector of india