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Component: SRD-SCM-WME
Component Name: SCM-Warehousing and Manufacturing Execution
Description: A production method in which products are made and put into inventory before an order is received from a customer. Sales orders are covered by existing stock and production orders are used to replenish those stocks.
Key Concepts: Make-to-stock (MTS) is a production strategy used in SAP's SCM-Warehousing and Manufacturing Execution (SRD-SCM-WME) component. It is a type of production planning that involves producing goods in anticipation of customer demand. The goal of MTS is to have finished goods ready for sale when customers place orders. How to use it: In SAP's SRD-SCM-WME component, MTS is used to plan and manage the production of goods in anticipation of customer demand. This involves forecasting customer demand, setting production targets, and scheduling production activities. The MTS strategy also involves monitoring inventory levels and adjusting production plans accordingly. Tips & Tricks: When using the MTS strategy, it is important to ensure that the forecasted customer demand is accurate. This will help ensure that the right amount of goods are produced and that there is no excess inventory. Additionally, it is important to monitor inventory levels regularly to ensure that there are no shortages or excesses. Related Information: The MTS strategy is often used in conjunction with other production strategies such as make-to-order (MTO) and assemble-to-order (ATO). Additionally, the MTS strategy can be used in combination with other inventory management strategies such as just-in-time (JIT) and economic order quantity (EOQ).