Manufacturing Processes Introduction

Historical Overview

Enero de Manufacturing Across History 1/2

Enero de Manufacturing Across History 2/2

Manufacturing Defined

Enero de Definition of Manufacturing manufacturemanusfactus Latin words + = Made by hand

Enero de Duality Technical ActivityEconomic Activity Added value

Enero de Manufacturing as a Technical Activity Processed Part Starting material Scrap and waste Manufacturing Process Machinery Power Labor Tools

Enero de Example

Enero de Manufacturing as an Economic Activity Processed Part Starting material Material in Processing $ Value added $$ Manufacturing Process $$$

Enero de Economic Role of Manufacturing

Enero de Gross National Product (GNP)

Enero de Manufacturing and Service Industries Share of U.S. GDP, 1977 to 1998 Source: U.S. Department of Commerce, Bureau of Economic Analysis

Enero de Manufacturing in the Economy

Enero de Manufacturing in the Economy “The reason for manufacturing's stability is that there is a synergy between manufacturing and other sectors. Manufacturing generates most of the economy's productivity and technology, while other sectors such as services generate the largest share of new employment. The productivity generated by manufacturing raises the wages of workers employed in all sectors. The productivity enhancements generated in manufacturing boost activity in other sectors. As these sectors become more successful, they, in turn, create more demand for manufactured goods and its high-paying jobs.” Relatively stable over time, even though the number of people involved has declined Significant manufacturing management remains in the U.S. 98% of U.S. mfg companies < 500 employees

Enero de Contributions to Economic Growth, Manufacturing also contributes to technological advances, with significant investments in R&D