Capable to Promise (CTP) is a concept in supply chain management and manufacturing that refers to a company’s ability to accurately promise delivery of products to customers based on its current production capacity and inventory levels. CTP systems use real-time data to provide customers with accurate delivery dates and help companies manage their production and inventory levels more effectively. This concept is important in ensuring customer satisfaction and managing production and inventory costs.
CTP is a process that allows businesses to determine if they have the resources and capacity to fulfill a customer’s order within a specific timeframe.
No, CTP is not a legal requirement for businesses. However, it is a best practice that can help improve customer satisfaction and streamline operations.
Yes, CTP can be used in any industry that involves the production or delivery of goods or services.
CTP works by analyzing a business’s current inventory, production capacity, and other resources to determine if they can fulfill a customer’s order within a specific timeframe.
Yes, CTP can be automated using software programs that analyze a business’s data and provide real-time information on their ability to fulfill customer orders.
The benefits of using CTP include improved customer satisfaction, increased efficiency, and better inventory management.
Yes, CTP can be used for international orders, but businesses should take into account any additional factors such as shipping times and customs regulations.
CTP should be updated regularly to reflect any changes in a business’s inventory, production capacity, or other resources.
Yes, CTP can be used for custom orders, but businesses should take into account any additional time or resources required to fulfill these orders.
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This glossary post was last updated: 4th April 2024.
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