Manufacuturing And Its Impact Globally

What is Manufacturing? Its Global Impact and Manufacturing in Ontario Province

Manufacturing is a process in which raw materials or parts of a product argon converted into finished goods either by manual drive or by machinery based on customers specifications especially on a larger scale. It can be classified as an activity which can fit in both industrial and non-industrial organizations. Manufacturing process can range from construction airplanes to a bakery, and from automobile to pharmaceutical effort. It can be viewed as a backb wholeness of any ground as harmonise to some economists, it is known as Wealth-producing Sector of a nations economy. However, with the recent downturn in the economy and gamey fuel prices, some manufacturing firms around the globe were negatively impacted mainly the American and Canadian automobile industries. (Wikipedia, 2012)

Every industry has a manufacturing division which includes activities much(prenominal) as converting components into new products, transporting goods from one location to an other(a) (internally within the plant), processing units, packaging and transportation system ( to the end user) etc. (Figure 1) ( Vick, 2011)

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Figure 1: Manufacturing Processes Cycle

(http://en.wikipedia.org/wiki/File: overlap%E2%80%99s_lifecycle.



svg)

Manufacturing processes have gone through lot of changes during the other(prenominal) few years due to globalization. In order to decrease labor cost, most of the manufacturing companies are relocating or establishing their warehouses in other countries where labor is low-cost. With doing so they are successful in generating revenues however, there are some issues which companies should emphasize more on such as On-Time delivery, Customization, Consistency (Quality) and Competition in order to retain the consistent image in the high-competitive market. (Pinto, 2007)

Ontario province is considered as manufacturing heartland of trade union America which serves mainly the Canadian and U.S market. With...If you want to get a full essay, order it on our website: Orderessay



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