anticipated-demand production
nounUK /ænˈtɪsɪpeɪtɪd dɪˈmɑːnd prəˈdʌkʃən/
US /ænˈtɪsəpeɪtɪd dɪˈmænd prəˈdʌkʃən/
Making things because you think people will want them soon.
The toy factory used anticipated-demand production to have enough robots ready for the holidays.
SYNONYMS
OTHER MEANINGS
2. A business strategy where goods are made ahead of expected customer orders.
Anticipated-demand production helped the bakery prepare extra cakes before the festival.
3. Manufacturing based on sales predictions rather than actual orders.
The company switched to anticipated-demand production to avoid running out of umbrellas in the rainy season.
4. The process of estimating future needs and producing accordingly.
Good anticipated-demand production kept the warehouse stocked without too much waste.