Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The manufacturing process is a complex one that can be impacted by many factors: supplies, equipment, factory overhead, the need for special parts, and the people who work at all points in the process ...

In nearly all regions and industries, markets for products reflect the impact of globalization. The tactic of competing on price is increasingly giving way to a wider range of factors—including ...

At its core business process management is the administrative activities aimed at (1) defining a process, (2) establishing responsibilities, (3) evaluating process performance and (4) identifying ...

The manufacturing industry is entering a new era of transformation, driven by technological advancements and the need for greater adaptability. As businesses face evolving global challenges, software ...

The ability to produce quality products hinges on four key competencies: modeling of process form and precision levels, design tolerancing of parts and products, selecting production processes that ...

There is no underestimating the impact that the process manufacturing industry has on society today. Process manufacturing deals with formulas and basic ingredients, as in biotech, pharma and chemical ...

It's popular among the highly technical trades, but a fault tree can also pinpoint problems within a small manufacturing operation. A properly done fault tree analysis, or FTA, shows relations between ...

PALO ALTO, Calif.--(BUSINESS WIRE)--Manual processes and slow digital transformation within the manufacturing industry are inhibiting professionals from utilizing data to improve efficiency and ...

Deformation processes transform solid materials from one shape into another. The initial shape is usually simple (e.g., a billet or sheet blank) and is plastically deformed between tools, or dies, to ...