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 ...

Near net shape manufacturing aims to produce parts that are very close to their final dimensions, reducing the need for ...

In nearly all regions and industries, markets for products reflect the impact of globalization. The tactic of competing on price is increasingly giving way to a wider range of factors—including ...

Manufacturing overhead – also called indirect costs – are any costs that a factory incurs other than direct materials and direct labor needed to manufacture goods, notes "Accounting 2," a reference ...

No matter what they churn out at the end of the line, manufacturers are always searching for ways to lower costs and accelerate production without sacrificing quality. It all comes down to automation ...

Manufacturing is getting a lot more attention in the news recently. While globalization has pushed the availability of goods around the world and lowered their cost in significant ways over these past ...

Digital information technologies can help companies enhance their lean manufacturing strategies. Tim Stuart, founder and president at Visual Decisions Inc., used a FitBit to illustrate how. “FitBit ...