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 ...

Within the manufacturing arena, the term "task interdependence" describes the manner in which different business units are reliant upon one another during the production phase. Pooled, reciprocal and ...

In our previous blog we posed a broad question, where do operators fit with current manufacturing technology trends? More specifically, we asked: What if we could map out each manufacturing process, ...

The engineer decides to make a virtual twin (process model) of the etch process to mimic the actual behavior of the wafer ...

What are some real-life SIPOC applications in the field of manufacturing? While Lean Six Sigma tools and methodologies can be ...

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 ...

In the lab, various phases of drug development occur in life sciences as new drugs and therapies are discovered and developed through extensive research. Labs are then used to ensure quality control ...

Manufacturing is a fast-paced industry where success is dependent on timing and quality. That’s why it is crucial to constantly monitor every stage of the production process. Defining and tracking key ...

I never thought I’d see the day when words like “process,” “scale,” and “automation” would make news in the biopharma industry. Yet as the race heats up to bring more first-of-their-kind gene ...