Manufacturing joint ventures involve partnerships that increase product distribution, expand into new regions, and grant access to new markets. Partners can complement each other’s production processes and may need regulatory approvals. The structure and financial conditions may change over time, and the partnership can be altered if acceptable to all members. Manufacturing joint venture partnerships […]
Automated manufacturing uses computer control systems to operate equipment, eliminating the need for human operators on the assembly line. This method improves safety, reduces costs, and can handle mechanical work and production task planning. However, it also eliminates jobs and is expensive to implement. Automated manufacturing is a method of manufacturing that relies on the […]
Manufacturing engineering involves researching, designing, and improving the physical manufacture of products. Engineers work with product designers to create equipment and procedures for efficient production. They implement production goals and design lean manufacturing processes while ensuring compliance with regulations. A degree in engineering is required. Manufacturing engineering is the field of researching, developing, designing, supervising, […]
Process manufacturing produces products that cannot be disassembled, while discrete manufacturing produces products that can be disassembled. Examples of process manufacturing include paints, gasoline, and processed foods, while examples of discrete manufacturing include cars, computers, and machinery. Process manufacturing uses proportional formulas, while discrete manufacturing uses bills of materials and instructions. Process manufacturing results in […]
Manufacturing test engineers design and develop test procedures and equipment to ensure quality and reliability of electronic products. They also analyze test results, make recommendations for improvements, and serve as liaisons between different departments. A bachelor’s degree in electrical engineering or computer science is typically required. In the electronics manufacturing industry, products must be tested […]
Manufacturing operations involve direct materials, direct labor, and manufacturing overhead, with companies using these processes to produce goods for consumers. Direct materials are raw items or pieces of goods needed to produce products, while direct labor is typically skilled labor. Manufacturing overhead includes all costs not easily attributable to goods produced. Manufacturers group their manufacturing […]
Manufacturing engineers ensure products are defect-free before they are marketed. A high school diploma or technical school training is required, and experience is helpful for advancement. The job can be challenging, but skills learned can be applied in other businesses. Manufacturing engineers are professionals involved in both assembling and testing various goods or services before […]
The ISM Manufacturing Index is a monthly report that tracks changes in data from manufacturing organizations across the US and is considered an indicator of overall economic health. The index falls on a scale of zero to 100, with an index of less than 50 indicating decreasing demand and an index of more than 50 […]
