Check out our Industrial terms glossary
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.
