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What is manufacturing?

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What is manufacturing?
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Meghna Thapar 4 years, 5 months ago

Manufacturing is the making of goods by hand or by machine that upon completion the business sells to a customer. Items used in manufacture may be raw materials or component parts of a larger product. The manufacturing usually happens on a large-scale production line of machinery and skilled labor. Three common types of manufacturing production processes are make to stock (MTS), make to order (MTO) and make to assemble (MTA). Such strategies have advantages and disadvantages in labor costs, inventory control, overhead, customization, and the speed of production and filling orders. A factory engaged in the manufacture of clothing. The definition of manufacture is the process of making items from raw materials. An example of manufacture is the making of automobiles in factories.

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