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  2. Economies of scale - Wikipedia

    en.wikipedia.org/wiki/Economies_of_scale

    Large producers are usually efficient at long runs of a product grade (a commodity) and find it costly to switch grades frequently. They will, therefore, avoid specialty grades even though they have higher margins. Often smaller (usually older) manufacturing facilities remain viable by changing from commodity-grade production to specialty products.

  3. Supply chain - Wikipedia

    en.wikipedia.org/wiki/Supply_chain

    Starting in the 1990s, several companies chose to outsource the logistics aspect of supply-chain management by partnering with a third-party logistics provider (3PL). Companies also outsource production to contract manufacturers. [35] Technology companies have risen to meet the demand to help manage these complex systems.

  4. Supply chain management - Wikipedia

    en.wikipedia.org/wiki/Supply_chain_management

    Circular Supply Chain Management (CSCM) is "the configuration and coordination of the organizational functions marketing, sales, R&D, production, logistics, IT, finance, and customer service within and across business units and organizations to close, slow, intensify, narrow, and dematerialise material and energy loops to minimize resource ...

  5. Operations management - Wikipedia

    en.wikipedia.org/wiki/Operations_management

    Usually in the back there is a similar system for managing the set of tools required for different machining operations. A production system comprises both technological elements (machines and tools) and organizational behavior (division of labor and information flow) needed to produce goods and services. [36]

  6. Distribution center - Wikipedia

    en.wikipedia.org/wiki/Distribution_center

    Orders usually contain part boxes or items not requiring pallets. Due to the number of smaller customers a distribution center may serve, a break-bulk department may need more workers than a bulk department. A break-bulk department usually uses trolleys or, for palleted/heavy orders, small electric PPT or walkie low lift trucks.

  7. US manufacturers predict growth in 2025 after prolonged slump

    www.aol.com/news/us-manufacturers-predict-growth...

    WASHINGTON (Reuters) - U.S. manufacturers are optimistic that the sector will emerge from a prolonged recession next year, though capital expenditure growth was likely to fall short of 2024's pace.

  8. Process manufacturing - Wikipedia

    en.wikipedia.org/wiki/Process_manufacturing

    Identifying a problem at an early stage in the production process allows for correction and preventative action to avoid wasted time and resources at the end of a production run. Statistical Process Control complements process manufacturing and in process inspections to ensure that the process operates efficiently, producing more specification ...

  9. Today’s NYT ‘Strands’ Hints, Spangram and Answers for ...

    www.aol.com/today-nyt-strands-hints-spangram...

    In today's puzzle, there are eight theme words to find (including the spangram). Hint: The first one can be found in the top-half of the board. Here are the first two letters for each word: SA. PL ...