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Production & Manufacturing - beBee

Production & Manufacturing

+ 700 buzzes
Both are process to converting inputs into ouputs by applying some operation or process. Both terms are used interchangeably, yet both are different. Difference is the raw material procurement.When raw materials are not procured from outside,the company owns it,after processing operations produce goods/service, then the process is called Production . While manufacturing also includes Design sales marketing, and is a narrow term. Whereas production is a broader term. In this hive you can learn about both.
Buzzes
  1. ProducerMichael Eisman

    Michael Eisman

    11/11/2017
    Chinese factory verification (or any other country for that matter).
    Chinese factory verification (or any other country for that matter).As someone who has worked in offshore manufacturing for many years, I often get asked a lot of similar questions from clients. They usually take the following shape;·        “How do I know if a particular factory is good?”·        “How do I know if...
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  2. ProducerMichael Cappy

    Michael Cappy

    26/10/2017
    Michael Cappy Business Educator Over 30 Years
    Michael Cappy Business Educator Over 30 YearsMichael Cappy worked with businesses in the United States, Taiwan, China, Korea, Thailand and the Dominican Republic for 14 years at Norcross Industries. Michael Cappy began his career as a business educator in 1978, and has long worked as a...
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  3. ProducerBen Jeffreys

    Ben Jeffreys

    23/10/2017
    Dunkirk Cereal Port: Major Redevelopment To Further Optimise Import / Export Capabilities
    Dunkirk Cereal Port: Major Redevelopment To Further Optimise Import / Export CapabilitiesSica Nord Cereals, which provides unloading and storage of cereals at the port of Dunkirk in France, announced earlier this year, a major re-development and modernisation programme of its industrial equipment. Investments will focus on increasing...
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  4. ProducerBen Jeffreys

    Ben Jeffreys

    05/09/2017
    Intelligent Transport Systems - iTRAK and MagneMotion Unveiled At Interpack 2017
    Intelligent Transport Systems - iTRAK and MagneMotion Unveiled At Interpack 2017 At the Interpack 2017 Exhibition in Düsseldorf, Rockwell Automation (RA) presented iTRAK and MagneMotion; modular transport systems that are aimed at improving the flexibility and performance of industrial drive systems. With their independent...
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  5. ProducerBen Jeffreys

    Ben Jeffreys

    30/08/2017
    Industry 4.0 - Review of NORD IE4 Drive Systems at SPS IPC Italia 2017
    Industry 4.0 - Review of NORD IE4 Drive Systems at SPS IPC Italia 2017At SPS IPC Drives Italia, the leading platform for industrial automation in Europe, the German manufacturer NORD Drive Systems presented a new electronic drive solution which featured many unique user-friendly innovations. Standardization,...
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  6. Manoj Trivedi, Business Mentor
    Even though every unit of goods produced and sold carries equal amount of margin, why EBIDTA Margin/Profit is not proportionate to Sales increase/decrease?

    Attached graph is no hypothetical/illustrative/representative.

    If, Profit = Sales-MANUFACTURING COST, why so huge difference? Are we operationally efficient? Do we use efficient Operational Analytics? Probably yes, limited to Performance review alone, ignoring real-time performance.

    LARGE AMOUNT OF SAVINGS REPORTED, CLOCKS-FF, LEAVING #BusinessLeaders, #CEOs wonder where all the money gone? Experts say, 5% reduction in cost of resources is equal to 25% increase in sales. But what about EBIDTA Margin/Profit?

    The real challenge is not the operation, technology,process or else, but the scale. While we may increase production through automation, AI or IoT, but cannot increase fecundity and productivity.

    Our workshop on BUSINESS ECONOMICS AND OPERATIONAL STRATEGY will help reducing the gap.
    Manoj Trivedi, Business Mentor
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  7. ProducerMichael Eisman

    Michael Eisman

    01/08/2017
    Manufacturing Excellence, anyone?
    Manufacturing Excellence, anyone?When people ask about “manufacturing excellence”, I often tell then there is no such thing. They will often look at me as if I am incompetent at best, and insane at worst. Let me clarify. “Excellence” comprises many individual items,...
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  8. Manoj Trivedi, Business Mentor
    LOOKING FOR EVENT MANAGER/PLANNER TO CONDUCT OUR WORKSHOP ON "BUSINESS ECONOMICS AND OPERATIONAL STRATEGY" For details on workshop please visit https://businesseconomicsworkshop.blogspot.in/

    WHILE Accounting is the measuring tool of Profit, Assets & Liability, Economics is the effective way of optimum utilization of resources. Economic Reasoning Skill leads to third stage of cognitive development and creativity with alternatives measuring performance leveraging organic growth and self develop all the relevant skills to the advantage.

    Since hierarchy above is more interested in numerical values, hierarchy down the level are more focused on increasing numbers adopting unproductive means, keeping economic reasoning skill in abeyance.

    Automation or Artificial Intelligence may help in sensing trouble/ identifying set of given parameter variance,providing deeper insights,replace day to day low level cognitive tasks, produce more data for analysis beside improving customer service amongst others, human interference through increased intelligence and economic analysis will also be subject to drastic change deriving opportunity cost maximizing profit for optimum utilization of limited resources.

    This can be achieved through updating knowledge economy, business application of what we already practice in our day to day personal and social life.

    This makes our workshop unique and exclusive, which no facilitators/experts prefer to deliberate.
    Manoj Trivedi, Business Mentor
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  9. Indo Col

    Indo Col

    26/07/2017
    Indo Col
    How Food Dyes and Coloring Agents Can Be Dangerous To Human Health?
    www.ebuzzspider.com What Important Facts Are The Companies Hiding From Consumers About Food Dyes? How They Prepare Food Colors? Food Dyes, Colors are Dangerous For...
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  10. ProducerJudy Caroll

    Judy Caroll

    26/07/2017
    Top 7 Growth Hacking Tips for Manufacturers’ and Distributors’ Bottom-line
    Top 7 Growth Hacking Tips for Manufacturers’ and Distributors’ Bottom-lineIt’s now been seven years since Sean Ellis coined the term “growth hacker”. Since then, growth hacking strategies have propelled many startups to become important players in their industries. As the initial hype around growth hacking is starting to...
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    Comments

    Carlos Garcia Trillo
    26/07/2017 #2 Carlos Garcia Trillo
    Must read
    Carlos Garcia Trillo
    26/07/2017 #1 Carlos Garcia Trillo
    Good post @Judy Caroll, very well explained!! Congrats ;)
  11. Manoj Trivedi, Business Mentor
    Live a no less ordinary life with our two-days workshop on Business Economics And Operational Strategy maximizing productivity & profit reversing Law of Diminishing Marginal Return in short run production with fixed capital. Manoj Trivedi, Business Mentor
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  12. ProducerMichael Eisman

    Michael Eisman

    17/07/2017
    Why I DO NOT PAY for apparel samples.
    Why I DO NOT PAY for apparel samples.When a relationship is started with an offshore factory (or local), one of the few ways for you to gauge a factory's abillity, is to get them to make a counter sample one or two of your styles.Many factories ask for a fee. I have seen and heard of...
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  13. ProducerMichael Eisman

    Michael Eisman

    17/07/2017
    So, how do YOU evaluate an apparel factory from 10 000 kilometers away?? PART 5.
    So, how do YOU evaluate an apparel factory from 10 000 kilometers away?? PART 5.Please see my profile page for parts 1-4 of this series, on how to evaluate apparel factories from overseas.This article will focus on YOU.HAVE UP TO DATE, CORRECT, AND COMPLETE INFORMATION FOR COSTING.By now you will be at the stage where the...
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  14. ProducerJay Mistry

    Jay Mistry

    14/07/2017
    Show your ideas in the best way possible with 3D Product Animation Services
    Show your ideas in the best way possible with 3D Product Animation ServicesResearch says that when you show people videos, they would be instantly attracted to your ideas. So, 3D product animation services of JMSD consultants help you create perfect 3D product animation videos and show the best aspects of your...
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  15. ProducerMichael Eisman

    Michael Eisman

    10/07/2017
    So, how do YOU evaluate an apparel factory from 10 000 kilometers away?? PART 4.
    So, how do YOU evaluate an apparel factory from 10 000 kilometers away?? PART 4.Parts 1-3: Part 1 Part 2 Part 3The next aspect, which covers a wide range of areas, and is also included in what I have previously discussed, isPROFESSIONALISMSo how do you determine if a factory is professional? First read parts 1-3 of this...
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  16. ProducerMichael Eisman

    Michael Eisman

    08/07/2017
    So, how do YOU evaluate an apparel factory from 10 000 kilometers away?? PART 3.
    So, how do YOU evaluate an apparel factory from 10 000 kilometers away?? PART 3.In part 3 of this series, I will talk about a simple tactic, that I am sometimes critisided for. Part 1, Part 2, as well as deadlines, and simple use of English.GIVE A SIMPLE SERIES OF INSTRUCTIONS.This is also an important tool when evaluating a...
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  17. ProducerMichael Eisman

    Michael Eisman

    06/07/2017
    Negotiation and doing business in China. Part 3.
    Negotiation and doing business in China. Part 3.Time pressure.Always interesting.Always ensure you have more than sufficient time to deal with your manufacturer. Many a factory owner will know that you are on a business trip and have limited time, and use this to their advantage.They will often...
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  18. ProducerMichael Eisman

    Michael Eisman

    06/07/2017
    So, how do YOU evaluate an apparel factory from 10 000 kilometers away?? PART 2.
    So, how do YOU evaluate an apparel factory from 10 000 kilometers away?? PART 2.In my previous article, I covered communication, defining, and a company introduction document. This article can be found here: Part 1In this article, I will discuss the factory evaluations form.THE FACTORY EVALUATION FORMWhen I send the previously...
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  19. ProducerMichael Eisman

    Michael Eisman

    05/07/2017
    Negotiation and doing business in China. Part 2.
    Negotiation and doing business in China. Part 2.Wondering through any decent bookshop, in a decent airport, will uncover a dozen books (at least), of Chinese business protocol. They all have one common theme. foreign business people NEED to follow the correct protocol when dealing with the...
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  20. ProducerMichael Eisman

    Michael Eisman

    05/07/2017
    So, how do YOU evaluate an apparel factory from 10 000 kilometers away?? PART 1.
    So, how do YOU evaluate an apparel factory from 10 000 kilometers away?? PART 1.Anyone producing offshore faces the same problem. How do you fully evaluate a potential factory in China, or anywhere else, from your office in LA, or anywhere else.Well, you cannot fully evaluate a factory without a visit, but this raises another...
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  21. ProducerMichael Eisman

    Michael Eisman

    03/07/2017
    Negotiating and doing business in China. Part 1.
    Negotiating and doing business in China. Part 1.I have decided to publish a post. It will have no real structure, in fact it may seem really unstructured. I am not an author, so I do not really care if there are any grammatical or spelling mistakes.This post and further ones will reflect my...
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    Comments

    Don Philpott☘️
    03/07/2017 #2 Don Philpott☘️
    Makes sense.Ready for part 2
    stephan metral 🐝 Innovative Brand Ambassador
    03/07/2017 #1 stephan metral 🐝 Innovative Brand Ambassador
    Buzzing from the fields, we all should do that, here from China. Cc @Lance 🐝 Scoular
  22. John Enright

    John Enright

    30/06/2017
    John Enright
    Five steps to protect your factory from ransomware attacks - The Manufacturer
    www.themanufacturer.com Ransomware attacks are rising in frequency and manufacturers are a key target for organised crime. What steps can manufacturers take to minimise the...
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  23. Michael Eisman

    Michael Eisman

    29/06/2017
    Different types of letters of credit.
    Michael Eisman
    Letters of credit come in different flavors
    www.thebalance.com Several different types of letters of credit can be used depending on your needs. Find out what each one...
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  24. Louise Smith

    Louise Smith

    28/06/2017
    What do you think ?
    Is coal clean ?

    By Green.Future @GreenFutureBlog
    Louise Smith
    What is Clean Coal? | Green Future
    greenfuture.info Clean coal has been a hot topic as of late. Let me take this time to clarify this...
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  25. Manoj Trivedi, Business Mentor
    नैनं छिन्दन्ति शस्त्राणि नैनं दहति पावकः ।
    न चैनं क्लेदयन्त्यापो न शोषयति मारुतः ।।
    The soul cannot be destroyed by weapons, fire cannot burn it, water cannot wet it & air cannot dry it - A conscious soul can never be subject to depredation .

    POWER OF INDIAN TALENT AND LEADERSHIP ACROSS GLOBE NEED NO SUBSTANTIATION.

    #PwC in its recent report suggests, "The confidence of Indian CEOs about their company’s prospects and the kind of new business opportunities we see in India today is a testimonial of pronounced mega-trend".

    #ProvedYetAgain. Our Economic Wisdom, inter-alia, unique & exclusive #EconomicBusinessModelAndOperationalStrategy has been recognized by International organisations of Value Management to partner with us while taking forward our mission of #EconomicValueAddition to Asian Countries & emerging economies.

    In the pursuit of nation building and economic resiliency, we are poised to create low cost manufacturing hub through operational excellency & efficiency. In the process, we look forward for the support of all in taking forward our mission to help 51 Million SMBs in India (Small & Medium Business houses) that help neutralizing cost of over capacity created by Large industries to the possible extent.
    Manoj Trivedi, Business Mentor
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