Build to Stock
From Wikipedia, the free encyclopedia
Build to Stock, often abbreviated as BTS, is a build-ahead production approach in which production plans are driven by historical demand information in combination with sales forecast information. BTS is a typically what people associate with the industrial revolution mass production techniques, where vast quantities of goods are produced and stocked in warehouses in anticipation of demand
[edit] Overview
This sort of approach to logistics is considered good for a high volume products where the demand is either seasonal or easily predicted (or both)
Some firms build all their products to order while others build them to stock. Given the widespread proliferation of products, there are a number of manufacturers that take a hybrid approach, where some items are built to stock and others are built to order
Also described as Made to Stock (MTS)
