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Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy .
Pages in category "Manufactured goods" The following 16 pages are in this category, out of 16 total. This list may not reflect recent changes. ...
In that context, the economic definition of goods also includes what are commonly known as services. A microwave oven, c. 2005: an example of a final good or consumer good. Manufactured goods are goods that have been processed in any way.
Intermediate goods generally can be made and used in three different ways. First, a company can make and use its own intermediate goods. Second, a company can manufacture intermediate goods and sell them to others. Third, a company can buy intermediate goods to produce either secondary intermediate goods or final goods.
A good only partially completed during the manufacturing process is called "work in process". When the good is completed as to manufacturing but not yet sold or distributed to the end-user, it is called a "finished good". [1] This is the last stage for the processing of goods. The goods are ready to be consumed or distributed.
Good manufacturing practice guidelines provide guidance for manufacturing, testing, and quality assurance in order to ensure that a manufactured product is safe for human consumption or use. Many countries have legislated that manufacturers follow GMP procedures and create their own GMP guidelines that correspond with their legislation.
Volkswagen factory in Wolfsburg, Germany. A factory, manufacturing plant or production plant is an industrial facility, often a complex consisting of several buildings filled with machinery, where workers manufacture items or operate machines which process each item into another.
Supply chain pyramid. An original equipment manufacturer (OEM) is a company that produces parts and equipment that may be marketed by another company.However, the term is ambiguous, with several other common meanings: an OEM can be the maker of a system that includes other companies' subsystems, an end-product producer, an automotive part that is manufactured by the same company that produced ...