Manufacturing is the production of products for use or sale using labour and machines, tools, chemical and biological processing, or formulation. Modern manufacturing includes all intermediate processes required in the production and integration of a product’s components. Coinciding with the wholesale digital interlinking of society, transformation of the industrial sphere is one of the world’s current mega trends, affecting companies representing two thirds of global GDP. Creating value with digital isn’t just a simple game of mixing and matching digital technologies.
Companies also need to completely reinvent their operating models, production and value chains, becoming what we call an Industry. Lean manufacturing aims to eliminate waste in every aspect of operations. Yet most manufacturers lose time, money and opportunity with disconnected data across production, supply chain and sales processes. Legacy integration tools haven’t solved the problem. Leading manufacturers are turning to agile, cloud-native integration to streamline production and supply chain execution while boosting customer and partner satisfaction.
Manufacturing process are the steps through which raw materials are transformed into a final product. The manufacturing process begins with the product design, and materials specification from which the product is made. These materials are then modified through manufacturing processes to become the required part. Modern manufacturing includes all intermediate processes required in the production and integration of a product’s components. Some industries, such as semiconductor and steel manufacturers use the term fabrication instead. The manufacturing sector is closely connected with engineering and industrial design.