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- A manufacturer is a business that creates new products from raw materials or components1. A manufacturer can produce goods for stock, order, or assembly2. Examples of manufacturers include1:
- Automotive companies
- Bakeries
- Shoemakers
- Tailors
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Manufacturing is defined as the creation of new products, either from raw materials or components. Examples of manufacturing include automotive companies, bakeries, shoemakers and tailors, as they all create products, rather than providing services.www.twi-global.com/technical-knowledge/faqs/faq-…Types of Manufacturers
- 1. Made to Stock (MTS) Made to Stock manufacturers produce substantial quantities of goods and store the manufactured goods before their final sale. ...
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Manufacturing: Definition, Types, Examples, and Use as Indicator
- Make to Stock
A traditional production technique is make-to-stock, the manufacturing of a standard product based on forecastdemand. A company estimates how many units will be sold over a given period of time and plans in advance to manufacture that many goods. Goods are often held as inventor… - Make to Order
Opposite of MTS, make-to-order manufacturing entails working directly with a customer to understand their need and desired product specifications. Manufacturing typically only starts after a signed contract or letter of intent. In addition, manufacturers may generate light prototypes bu…
- Published: Mar 23, 2017
- Make to Stock
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WEBnoun. man· u· fac· tur· er ˌman-yə-ˈfak-chər-ər. -ˈfak-shrər, ˌma-nə- Synonyms of manufacturer. : one that manufactures. especially : an employer of workers in …
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