Some make to stock manufacturers can cope with their fluctuations within safety stock. For others, a sales forecast is a critical requirement, as they must have some sense of the sales volume expected to know what to build.
This type of manufacturer relies on finished goods inventory availability to be able to sell into their market.
- Production (standard) costing
- Inventory Control
- WIP control
- Sales Forecasts
What’s Not Important:
- Job (actual) Costing
- Quotations (except as part of CRM)
- Usage Forecasts