A review of the literature on mixed make-to-stock/make-to-order production systems: major findings and directions for future research
Thyagaraj S. Kuthambalayan and
Samiran Bera
International Journal of Services and Operations Management, 2020, vol. 37, issue 3, 372-406
Abstract:
Research on production strategies have mainly focused on make-to-stock (MTS), make-to-order (MTO) or hybrid MTS-MTO mode of production. However, firms also manufacture both MTS and MTO items in a single facility. This is popularly known as mixed MTS-MTO production strategy. A content-analysis-based literature review is conducted to identify: 1) the conditions favouring adoption of these systems; 2) the issues in these systems and our current understanding of addressing these issues; 3) the challenges in improving these systems. In addition, we also examine the modelling approaches used to design mixed MTS-MTO systems. The study provide insights to the operations managers to suitably design the production systems in order to derive competitive advantage.
Keywords: production strategy; make-to-stock; MTS; make-to-order; MTO; literature review. (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijsoma:v:37:y:2020:i:3:p:372-406
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