What is Make-to-stock (MTS)? Make-to-Stock (MTS) is a traditional approach to manufacturing, where companies produce goods based on anticipated demand. The production is planned and scheduled ahead of time, with the output from one production cycle intended to fulfill...
Make-To-Order (MTO) is a manufacturing and production strategy in which products are only manufactured or assembled once a customer places an order. In this approach, companies do not produce goods in advance and keep them in inventory; instead, they wait for a...