manufacturing

(noun)

The transformation of raw materials into finished products, usually on a large scale.

Related Terms

  • commerce
  • yeoman
  • autonomy

Examples of manufacturing in the following topics:

  • Contract Manufacturing

    • In contract manufacturing, a hiring firm makes an agreement with the contract manufacturer to produce and ship the hiring firm's goods.
    • A contract manufacturer ("CM") is a manufacturer that enters into a contract with a firm to produce components or products for that firm .
    • In a contract manufacturing business model, the hiring firm approaches the contract manufacturer with a design or formula.
    • The company must keep in mind that the manufacturer has other customers.
    • Compare the benefits and risks of employing a contract manufacturer (CM)
  • Productivity Gains in Manufacturing

    • Its manufacturing output was greater than of Germany, France, India, and Brazil combined.
    • Employment in manufacturing was its lowest since July 1950.
    • As such, returning a manufacturing operation to the United States may cost a thousand workers in a low-cost country their jobs, but it won't create a thousand new manufacturing jobs in the U.S.
    • While the United States service sector has grown, so has the manufacturing sector.
    • De Rugy's data shows an increase in manufacturing output since 1975 and a decrease in employment in the manufacturing sector.
  • Types of Franchises

    • There are three major types of franchises - business format, product, and manufacturing - and each operates in a different way.
    • With product franchises, manufactures control how retail stores distribute their products.
    • Through this kind of agreement, manufacturers allow retailers to distribute their products and to use their names and trademarks.
    • Through manufacturing franchises, a franchiser grants a manufacturer the right to produce and sell goods using its name and trademark.
    • The major soft drink companies also sell the supplies to the regional manufacturing franchises.
  • Six Sigma and Lean

    • Six Sigma and Lean Manufacturing are production processes that help produce minimal errors and generate the most value for the customer.
    • The term Six Sigma originated from terminology associated with manufacturing, specifically terms associated with statistical modeling of manufacturing processes.
    • The espoused goals of Lean Manufacturing differ between authors.
    • The following steps should be implemented to create the ideal lean manufacturing system:
    • Explain how Six Sigma and Lean Manufacturing optimize the manufacturing process
  • Disinvestment and Deindustrialization

    • Detroit was once known for automobile manufacturing and was associated with comfortable, middle-class living.
    • First, a straightforward decline in the output of manufactured goods or in employment in the manufacturing sector may indicate deindustrialization.
    • This shift towards service sector employment would result a shrinking manufacturing sector.
    • The decline in employment in manufacturing sectors that comes about from this progress can indicate deindustrialization.
    • On the map, green areas have seen gains in manufacturing jobs while all other areas have experienced losses.
  • Does leasing always close the manufacturing loop?

    • Sometimes a customer will purchase a leased product at the end of the lease term and never return it to the manufacturer.
  • Bullwhip effect

    • Suppliers of fabric, zippers and dye see the increase in orders from the jeans manufacturer and boost their orders for raw cotton, chemicals, etc.
    • Just as end-customer demand falls, new jeans are being manufactured, and raw materials are being sent to the jeans factory.
    • When the falling end-customer demand is finally realized, manufacturers rush to slash production, cancel orders, and discount inventories.
    • Not wanting to get burned twice, manufacturers wait until finished goods jean inventories are drawn down to minimal levels.
    • When seasonal demand increases jeans purchases, the retail stores order more Open Range jeans, but the manufacturers cannot respond quickly enough.
  • Manufacturing

    • Within a few decades, manufacturing technology had evolved further, and the ideas behind the "American System" were in use worldwide.
    • Since the parts were interchangeable, it became possible to separate manufacture from assembly, which could then be carried out by semi-skilled labor on an assembly line - an example of the division of labor.
    • In his Report on Manufacturers, Hamilton argued that an expansion of manufacturing (particularly of textiles) was necessary in order to produce nationally made finished goods--and thereby reduce American dependence on European products.
    • Hence, for the Federalists, manufacturing was of primary importance to federal policy because it served as a breeding ground for new generations of talented, virtuous republican leaders.
    • The Arsenel at Springfield was a center of manufacturing, including interchangeable parts, during the War of 1812, when US manufacturing increased due to the isolation of war.
  • Classifying Business Products

    • In the case of some manufacturers, business products are their entire focus.
    • Manufactured products are those that have undergone some processing.
    • The demands for manufactured industrial goods are usually derived from the demands for ultimate consumer goods.
    • There are a number of specific types of manufactured industrial goods.
    • Parts are manufactured items that are ready to be incorporated into other products.
  • Inventory Types

    • Most manufacturing organizations usually divide their inventory into raw materials, work in process, finished goods, and goods for sales.
    • Most manufacturing organizations usually divide their inventory into raw materials, work in process, finished goods, and goods for sales.
    • A good purchased as a "raw material" goes into the manufacture of a product.
    • A good only partially completed during the manufacturing process is called "work in process. " When the good is completed as to manufacturing but not yet sold or distributed to the end-user, it is called a "finished good. "
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