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  2. Rationalization (economics) - Wikipedia

    en.wikipedia.org/wiki/Rationalization_(economics)

    [clarification needed] In the industry, thereby, machines often designate the replacement of manpower (rationalization investment). [citation needed] It is reasonable and appropriate for operational conditions to increase under changing conditions; alongside the goal, productivity, and economy. [clarification needed]

  3. Quick response manufacturing - Wikipedia

    en.wikipedia.org/wiki/Quick_Response_Manufacturing

    In recent years, other QRM software providers have entered the market, further enhancing the options for manufacturers to adopt advanced production control systems. For example, 24Flow offers a modular operations platform specifically designed to help discrete manufacturing companies improve lead times, reduce WIP. Built on the Salesforce low ...

  4. Process manufacturing - Wikipedia

    en.wikipedia.org/wiki/Process_manufacturing

    Process manufacturing is a branch of manufacturing that is associated with formulas and manufacturing recipes, [1] and can be contrasted with discrete manufacturing, which is concerned with discrete units, bills of materials and the assembly of components. Process manufacturing is also referred to as a 'process industry' which is defined as an ...

  5. Industrial processes - Wikipedia

    en.wikipedia.org/wiki/Industrial_processes

    Certain chemical process yield important basic materials for society, e.g., (cement, steel, aluminum, and fertilizer).However, these chemical reactions contribute to climate change by emitting carbon dioxide, a greenhouse gas, through chemical reactions, as well as through the combustion of fossil fuels to generate the high temperatures needed to reach the activation energies of the chemical ...

  6. Smart manufacturing - Wikipedia

    en.wikipedia.org/wiki/Smart_manufacturing

    Industry 4.0 is a project in the high-tech strategy of the German government that promotes the computerization of traditional industries such as manufacturing. The goal is the intelligent factory (Smart Factory) that is characterized by adaptability, resource efficiency , and ergonomics, as well as the integration of customers and business ...

  7. Capability management in business - Wikipedia

    en.wikipedia.org/wiki/Capability_management_in...

    Capability management is the approach to the management of an organization, typically a business organization or firm, based on the "theory of the firm" as a collection of capabilities that may be exercised to earn revenues in the marketplace and compete with other firms in the industry.

  8. Operations management for services - Wikipedia

    en.wikipedia.org/wiki/Operations_management_for...

    Service inputs are critical for manufacturing including capital from banks, energy, information systems and human resources. Services are part of the manufacturing supply chain, just like the physical inputs of products from other manufacturing companies. Both manufacturing and service operations can purchase services from outside the organization.

  9. Industrial policy - Wikipedia

    en.wikipedia.org/wiki/Industrial_policy

    Traditional examples of industrial policy include subsidizing export industries and import-substitution-industrialization (ISI), where trade barriers are temporarily imposed on some key sectors, such as manufacturing. [7] By selectively protecting certain industries, these industries are given time to learn (learning by doing) and upgrade