Made-to-Order Manufacturing

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Made-to-order manufacturing (also known as built to order manufacturing) is the oldest model for manufacturing businesses.  As the name implies, made to order manufacturing businesses begin building their products upon receiving an order—generally allowing for customized specifications.  This makes the … Continued

What is Manufacturing Overhead?

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In every manufacturing enterprise there are three basic costs that must be immediately considered as an owner assigns a value to a product.  First, there are the direct material costs. This refers to the cost of the “raw materials” that … Continued

35 Years of U.S. Manufacturing Data

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Nice graphical representation of the U.S. Manufacturing industry. The Total Manufacturing numbers for the U.S. have had a 127.10% gain since 1980, fantastic! Yes, the face of the U. S. manufacturing industry continues to change but the strength of U.S. … Continued

A Look at US Manufacturing Statistics

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According to the June report on US Manufacturing Statistics manufacturing remains strong and hit its highest for 2014. New orders for US manufacturing sectors in automobiles, computers, chemicals and other products caused the index to reach 55.3%. American manufacturers don’t … Continued

Is Advancing Technology a Double Edge Sword?

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      I came across an article this morning that indicated, according to reports published Thursday, computer giant Hewlett-Packard (HP) could cut as many as 30,000 jobs to compensate for dwindling demand for personal computers as more people are … Continued