Manufacturing

Most Americans think of manufacturing as something that happens very far away. They believe that it has nothing to do with them, they are simply the consumer of the end product. Three-dimensional (3D) printing is drastically different from all current models of production and it is starting to blur the line between consumers and producers (Finocchiaro). This new technology allows physical products to be printed as easily as words can be printed on a piece of paper and is rapidly becoming more…

The idea that making something for oneself to use in their day to day life may seem too daunting for the average person. Most people would rather just go out and buy whatever it is they want/need and call it a day. This can save them a lot of time and money but may rob them of the joy of producing something of their own and may cause them to have an inferior product. So is it better to make something or is it more advantageous to save both time and money to buy something that is mass produced?…

II. Create a list of questions for our client; Before I began a Due Diligence attack plan, I want to know background information about our client, the Purchaser. Some questions would be: is Purchaser a larger company with a parent company or if this a one time commercial transaction, what is background of the Agreement, was this Agreement a long drawn out agreement or relatively easily agreed upon with the Seller, and what is the Purchaser’s tolerance for risk. Further, how did Purchaser find…

area of strategy and finance. In this specific case, “transformation” means reconstructing management or enterprise changes, establishing new communication channels, and combining both rigidity and flexibility to its structure. Generally, lean manufacturing transformation can also help enterprise to develop greater and clearer vision as well as better business results. “Conscious change” does not merely mean development, transitional and transformational…

Psychological considerations and sociological effects of 3D Printing The use of 3D printers will bring about many changes, the biggest being in the manufacturing industry. While most discussions about 3D printing are in regards to its impact on manufacturing, one of the underlying topics that is overlooked is the impact that 3D printing will have on society. The biggest case against 3D printing is its ability to make weapons. In 2013, 3D printing made headlines in the U.S. when the printers…

The two major differences between service and manufacturing organization are the following aspects; i. The services produced by the services organization are intangible, which mean we cannot touch and sense and smell the services. But the goods produced by the manufacturing organization are tangible which meant we can touch and smell the product. ii. The services which produced by the services organization cannot be inventoried or stored. Once the services are produced for the customer, the…

from components that can be from inside or outside sources. The process can include assembling or manufacturing. Assembling is basically collecting components for outside sources to make up your product. On the other spectrum is manufacturing, where the company makes everything from scratch, from beginning to end. There are also ways to classify production, it can be discrete or process manufacturing. Then you have a company that uses a production process called made-to-stock, which means mass…

funds, people, and material was essential for progression of World War II weapon manufacturing. During the War, the Allied Powers generally overtook the Axis power in the amount of how much weaponry were produced. The Allied Powers political and economic allied influence were directly linked to the growth in production of vast military technology. During the 1930s political forces were able to increase Germany’s manufacturing investment, at the time Germany was one of the most technologically…

With the company 's manufacturing facilities located in a high labor costs area, it is essential to improve efficiencies in the production methods to reduce manufacturing costs. The company 's operating margin declined from 54% in 2006 to 11.7% in 2010 coinciding with a revenue expansion of almost 300% ("Securities", 2011). Applied Medical 's competitors…

The abundance of decision making tools and techniques that Northwestern Manufacturing Company or NMC can utilize in the process of bettering their business are astounding. From the use of qualitative tools such as brainstorming and decision trees to quantitative tools like statistical based charts using a what-if analysis. For Northwestern Manufacturing Company to stay competitive, both these descriptive and statistical based approaches should be thoroughly examined during the decision making…