Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation.
McKinsey & Co means that while most companies do their best to optimize production processes using established rules of thumb or incomplete data, at the end of the month or reporting period, they often discover sizeable gaps between actual profits and what they had expected. Accordingly, that is because they typically lack precise-enough measures to understand the…
Confection du Boischaut Nord (CBN) is a small miracle of manufacturing: it is one of the few firms in Indre’s once-buoyant local textiles sector to have withstood the onslaught of foreign competition, first from southern Europe, then North Africa and now Asia. Yet the overtime episode is a telling insight into a France struggling with itself:…
Electric cars such as the Nissan Leaf may be paving the way for a revolution in the market for metals used in the industry. The new materials used to build these futuristic cars, such as Lithium, could open up a new field for commodities investors. For example, the new demand for key elements used in electric…
The furniture production industry that had sustained a North Carolinan community for generations, was abandoned at the start of the century when furniture makers left Hickory for China. Now, little more than a decade later after the the local community college shuttered its relevant courses, jobs are coming back. The issues has become so important that competing presidential…
Manufacturing Excellence on the up in CEE CEO Manufacturing Magazine and EuropaProperty.com have successfully completed another CEE Manufacturing Excellence & Industrial Property Awards for the 4th year in succession. Held in Warsaw’s Intercontinental Hotel, the awards ceremony was witnessed by a select group of senior European and Central European Manufacturing professionals; affirming the event’s status…
Bloomberg reveals how and why the development of a microprocessor is one of the riskiest, costliest, and most technically complex feats in business. While Intel rarely talks about how it creates a new chip, Bloomberg Businessweek managed to visit the Hillsboro factory in May when they were given the most extensive tour since President Obama visited in 2011….
