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Revision as of 17:30, 3 October 2006

This article provides insufficient context for those unfamiliar with the subject. Please help improve the article by providing more context for the reader. (Learn how and when to remove this message)

Manufacturing, a branch of industry which accounts for about one-quarter of the world's economic activity, is the application of tools and a processing medium to the transformation of raw materials into finished goods for sale. Manufacturing is a wealth producing sector of an economy, whereas a service sector tends to be wealth consuming. This effort includes all intermediate processes required for the production and integration of a product's components. Some industries, such as semiconductor and steel manufacturers use the term fabrication instead.

The geographical concentration of the manufacturing industry is changing. The industrial capacity of many of the western nations is being negatively impacted by an imbalance in currency exchange rates, accompanied by wage erosion and a corresponding loss of engineering job opportunities in western nations, due to relocation and outsourcing of enterprise to more exploitative and lower-wage countries of the world which have fewer labor protections and lower environmental standards.

Context

History and development

Although handicraft production has existed for many millennia, modern-style manufacturing is generally regarded as beginning around 1780 with the British Industrial Revolution, spreading thereafter to Continental Europe and North America, and subsequently around the world. Originally, the term applied to commodities or artifacts which were "made by hand".

Taxonomy of manufacturing processes

Taxonomy of manufacturing processes (separate page)

Manufacturing systems

Theories

Control

Manufacturing engineering

Assembly systems

Design

Others

Lists of related topics

External links


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