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Value-stream mapping, also known as material- and information-flow mapping, [1] is a lean [2]-management method for analyzing the current state and designing a future state for the series of events that take a product or service from the beginning of the specific process until it reaches the customer.
Manufacturing is a vital economic sector in the United States of America. [1] The United States is the world's second-largest manufacturer after the People's Republic of China with a record high real output in 2021 of $2.5 trillion. [2] As of December 2016, the U.S. manufacturing industry employed 12.35 million people.
In 1947, ASME adopted a symbol set derived from Gilbreth's original work as the ASME Standard for Process Charts. Business process mapping, also known as process charting, has become much more prevalent and understood in the business world in recent years. Process maps can be used in every section of life or business. The Major Steps of Process ...
Although the U.S. manufacturing sector no longer dominates the country's economy like it did through much of the 20th century, it still accounts for 12% of the nation's total economic growth ...
The Manufacturing Purchasing Managers’ Index (PMI) rose from October’s 46.5% to 48.4% in November, exceeding analyst expectations of 47.5%, as tracked by TradingEconomics.
Government data last month showed manufacturing growing at a 3.2% annualized rate in the third quarter and contributing to the economy's 3.1% pace of expansion during that period.
This is an accepted version of this page This is the latest accepted revision, reviewed on 28 January 2025. Manufacturing processes This section does not cite any sources.
800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. ... -U.S. manufacturing grew for the first time in 1-1/2 years in March as production rebounded sharply and new orders increased, but ...