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Manufacturing

The process of converting raw materials, components or parts into finished goods that meet the expectations and needs of consumers.

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Contributors in Manufacturing

Manufacturing > Contract manufacturing

medium-mix, medium-volume

Manufacturing; Contract manufacturing

A contract manufacturing environment where production volumes remain relatively stable for an extended period of time. Medium-volume production may last for days or weeks using ...

new product introduction (NPI)

Manufacturing; Contract manufacturing

A set of integrated processes used to convert a product design into a manufacturing-ready product while meeting cost, quality and time-to-market objectives.

nonrecurring expense (NRE)

Manufacturing; Contract manufacturing

Items and activities required by an EMS provider specific to a particular OEM’s product program, such as setup, tooling and programming. These one-time charges are separate from ...

original design manufacturer (ODM)

Manufacturing; Contract manufacturing

A company that manufactures products of its own designs, which are then sold under an OEM’s brand name. Typically, the ODM determines what products to build and the OEM simply ...

original equipment manufacturer (OEM)

Manufacturing; Contract manufacturing

A company that designs and specifies products under its own company name and brand. Traditionally, OEMs design products, purchase components from suppliers, operate their own ...

outsourcing

Manufacturing; Contract manufacturing

The process of subcontracting a process, such as product design or manufacturing, to a third-party company. Outsourcing to EMS providers has traditionally appealed to makers of ...

plants, property and equipment (PP&E)

Manufacturing; Contract manufacturing

Key elements of a fixed-asset manufacturing model. Plants include factories and warehouses. Property includes land and leasing. Equipment includes production tools and automated ...