Strike rate matrices for integrating marketing and production during the tendering process in make-to-order subcontractors

Strike rate matrices for integrating marketing and production during the tendering process in make-to-order subcontractors

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Article ID: iaor1999613
Country: United Kingdom
Volume: 4
Issue: 4
Start Page Number: 251
End Page Number: 257
Publication Date: Jul 1997
Journal: International Journal of Production Research
Authors: ,
Keywords: marketing
Abstract:

Make-to-order companies manufacture products to the customers' specifications. Sales wishes to quote small mark-ups and short lead-times to maximise the chance of winning orders. Manufacturing wants to have large mark-ups and long lead-times to ensure production profitability and flexibility. The selling and manufacturing functions are integrated at the tendering stage by predicting the probability of winning contracts with various mark-up and lead-time combinations. Tender subdivisions, having different strike rate matrices, are determined empirically from previous outcomes and the whole process is updated continuously.

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