MTO--> Make to Order
Make to Order is the process where the all the requirements can be generated after Order confirmation from customer. Ex: The Production/MRP will only starts after sales order creation.
MTS--> Make to Stock
Make to Stock is the process where we can use existing stock for fulfilling customer requirement.
All the production is done before customer's order receive.
This is mainly used for process oriented production.
Make to Order is the process where the all the requirements can be generated after Order confirmation from customer. Ex: The Production/MRP will only starts after sales order creation.
MTS--> Make to Stock
Make to Stock is the process where we can use existing stock for fulfilling customer requirement.
All the production is done before customer's order receive.
This is mainly used for process oriented production.