Make-to-Order
Production to customer order and order fulfilment direct from the factory.
Make-to-Stock
Production for the warehouse and fulfilment of customer orders from the availability of products in stock.
Map
Distribution map of storage locations within a warehouse, appropriately coded according to the location and function of each area and saved in the management system archives.
Material management
The planning and control of activities related to the flow of materials from suppliers to the end of the transformation process.
Material requirement planning
Materials planning technique in which production orders and the procurement of components depend on production programmes for the final items and use the bill of materials and take into account supply times etc.
Material Requirement Planning (MRP)
This algorithm schedules production and is very effective in producing standard products for repetitive batches. MRP systems take the main production plan as a starting point and make it possible to determine the quantity and relative timing of each requirement of materials and ensure they are all covered by a plan of orders, for the items of each level of the bill of materials. Processing is accomplished using the filter of any minimum lots, lead times etc.
Materials handling
The physical management of products and materials from the time they are purchased until the time they are shipped.
Materials management
The logistics of products arriving from suppliers governed by the production process. The handling and management of materials and products from acquisition to production.
Merchandise mix
Assortment of products.
Merchant
The trader who manages the purchase or sale of goods in large quantities.
MES (Manufacturing Execution System)
This indicates a computerized system that has the main function of managing and controlling the production of a company.
Midpoint return
Route through the picking area which sees it divided into two sections by cutting the work aisles in half. In each part the operator carries out picking operations with return-type paths. The mission is completed by two cross aisles which can be found in the first aisle to be visited on the left and in the last one to be visited on the right when viewed from the front I/O.
Miniload
Automated warehouse served by stacker cranes for small load units.
Minimum Bill of Lading
The minimum load agreed in a transport policy (especially naval ones). The charge can be either for a defined amount or per ton, based on the quantity.
Multimodal Transport Operator (MTO)
A multimodal transport operator is the company who is responsible for carrying out a transport using different vehicles and modes.
