Lean manufacturing reduces errors, increases efficiency and minimizes waste. Planning methods that help achieve lean manufacturing keep their focus on each stage of the production process and improve ...

Managers in a manufacturing environment often must forecast the amount of inventory and supplies needed to meet demands. The use of forecasting assumes that past trends will continue with little ...

I think most would agree that the Toyota Production System (TPS) has revolutionized business around the world, particularly manufacturing. What makes the TPS so revolutionary? I worked in management ...

Welding is typically used to join two parts together, whether those parts be metal or plastic. There are various styles of welding, but we won’t go into those here. Casting is the act of pouring a ...

Researchers develop a more environmentally friendly approach to manufacturing nano-scale microchip devices using water as a solvent in place of toxic chemicals. The method not only cleans up the ...

The future of manufacturing won’t be written by machines alone. It will be written by people, using AI to extend what they ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...